RNST Stock | | | USD 37.88 0.29 0.76% |
Renasant financial indicator trend analysis is much more than just breaking down Renasant prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Renasant is a good investment. Please check the relationship between Renasant Stock Based Compensation and its Change In Working Capital accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Renasant Stock please use our
How to Invest in Renasant guide.
Stock Based Compensation vs Change In Working Capital
Stock Based Compensation vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Renasant Stock Based Compensation account and
Change In Working Capital. At this time, the significance of the direction appears to have pay attention.
The correlation between Renasant's Stock Based Compensation and Change In Working Capital is -0.74. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Renasant, assuming nothing else is changed. The correlation between historical values of Renasant's Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Renasant are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., Renasant's Stock Based Compensation and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.74 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Renasant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Renasant 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Renasant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Renasant Stock please use our
How to Invest in Renasant guide.At this time, Renasant's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 12.45 in 2024, whereas
Tax Provision is likely to drop slightly above 34.5
M in 2024.
Renasant fundamental ratios Correlations
Click cells to compare fundamentals
Renasant Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Renasant fundamental ratios Accounts
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Additional Tools for Renasant Stock Analysis
When running Renasant's price analysis, check to
measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to
predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.