BIRG Stock | | | 8.28 0.04 0.48% |
Bank of Ireland financial indicator trend analysis is way more than just evaluating Bank of Ireland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Ireland is a good investment. Please check the relationship between Bank of Ireland Investments and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Ireland. 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.
Investments vs Free Cash Flow
Investments vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of Ireland Investments account and
Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bank of Ireland's Investments and Free Cash Flow is 0.25. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Bank of Ireland, assuming nothing else is changed. The correlation between historical values of Bank of Ireland's Investments and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Bank of Ireland are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Investments i.e., Bank of Ireland's Investments and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Bank of Ireland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Ireland 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 Bank of Ireland. 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.
Selling General Administrative is likely to gain to about 766.1
M in 2024, whereas
Tax Provision is likely to drop slightly above 187.7
M in 2024.
Bank of Ireland fundamental ratios Correlations
Click cells to compare fundamentals
Bank of Ireland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Ireland fundamental ratios Accounts
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Additional Tools for Bank Stock Analysis
When running Bank of Ireland's price analysis, check to
measure Bank of Ireland's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Ireland is operating at the current time. Most of Bank of Ireland's value examination focuses on studying past and present price action to
predict the probability of Bank of Ireland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Ireland's price. Additionally, you may evaluate how the addition of Bank of Ireland to your portfolios can decrease your overall portfolio volatility.