BLX Stock | | | USD 33.37 0.04 0.12% |
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Long Term Investments and its Earning Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Long Term Investments vs Earning Assets
Long Term Investments vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foreign Trade Bank Long Term Investments account and
Earning Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Foreign Trade's Long Term Investments and Earning Assets is 0.92. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Earning Assets in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Long Term Investments and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Foreign Trade Bank are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Long Term Investments i.e., Foreign Trade's Long Term Investments and Earning Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Foreign Trade balance sheet that represents investments Foreign Trade Bank intends to hold for over a year. Foreign Trade Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.
Earning Assets
Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Selling General Administrative is likely to rise to about 62.7
M in 2024, whereas
Discontinued Operations is likely to drop (3.8
K) in 2024.
Foreign Trade fundamental ratios Correlations
Click cells to compare fundamentals
Foreign Trade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foreign Trade fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Foreign Stock Analysis
When running Foreign Trade's price analysis, check to
measure Foreign Trade'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 Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to
predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.