601319 Stock | | | 7.24 0.07 0.98% |
Peoples Insurance financial indicator trend analysis is much more than just breaking down Peoples Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Peoples Insurance is a good investment. Please check the relationship between Peoples Insurance Net Borrowings and its Issuance Of Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Peoples Insurance of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Peoples Insurance Net Borrowings account and
Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Peoples Insurance's Net Borrowings and Issuance Of Capital Stock is -0.39. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Peoples Insurance of, assuming nothing else is changed. The correlation between historical values of Peoples Insurance's Net Borrowings and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Peoples Insurance of are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Net Borrowings i.e., Peoples Insurance's Net Borrowings and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Peoples Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Peoples Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Peoples Insurance of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At present, Peoples Insurance's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.7
B, whereas Issuance Of Capital Stock is forecasted to decline to about 1.7
B.
Balance Sheet is a snapshot of the
financial position of Peoples Insurance at a specified time, usually calculated after every quarter, six months, or one year. Peoples Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Peoples Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Peoples currently owns. An asset can also be divided into two categories, current and non-current.