BOQ Stock | | | 6.48 0.24 3.57% |
Bank Of Queensland financial indicator trend analysis is way more than just evaluating Bank Of Queensland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank Of Queensland is a good investment. Please check the relationship between Bank Of Queensland Common Stock Total Equity and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Queensland. 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.
Common Stock Total Equity vs Cash
Common Stock Total Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank Of Queensland Common Stock Total Equity account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bank Of Queensland's Common Stock Total Equity and Cash is 0.81. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Bank Of Queensland, assuming nothing else is changed. The correlation between historical values of Bank Of Queensland's Common Stock Total Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Bank Of Queensland are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Total Equity i.e., Bank Of Queensland's Common Stock Total Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Cash
Cash refers to the most liquid asset of Bank Of Queensland, which is listed under current asset account on Bank Of Queensland balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bank Of Queensland customers. The amounts must be unrestricted with restricted cash listed in a different Bank Of Queensland account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Bank Of Queensland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank Of Queensland 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 Queensland. 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 89.1
M in 2024.
Tax Provision is likely to gain to about 163.7
M in 2024
Bank Of Queensland fundamental ratios Correlations
Click cells to compare fundamentals
Bank Of Queensland Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank Of Queensland fundamental ratios Accounts
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Additional Tools for Bank Stock Analysis
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measure Bank Of Queensland'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 Queensland is operating at the current time. Most of Bank Of Queensland's value examination focuses on studying past and present price action to
predict the probability of Bank Of Queensland'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 Queensland's price. Additionally, you may evaluate how the addition of Bank Of Queensland to your portfolios can decrease your overall portfolio volatility.