UCOBANK Stock | | | 44.48 0.48 1.07% |
UCO Bank financial indicator trend analysis is much more than just breaking down UCO Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UCO Bank is a good investment. Please check the relationship between UCO Bank Long Term Investments and its Short Long Term Debt Total accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in UCO 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 nation.
Long Term Investments vs Short Long Term Debt Total
Long Term Investments vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
UCO Bank Long Term Investments account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between UCO Bank's Long Term Investments and Short Long Term Debt Total is 0.79. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of UCO Bank, assuming nothing else is changed. The correlation between historical values of UCO Bank's Long Term Investments and Short Long Term Debt Total 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 UCO Bank are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Long Term Investments i.e., UCO Bank's Long Term Investments and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of UCO Bank balance sheet that represents investments UCO Bank intends to hold for over a year. UCO Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Long Term Debt Total
Most indicators from UCO Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UCO 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
World Market Map to better understand how to build diversified portfolios, which includes a position in UCO 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 nation.
At this time, UCO Bank's
Selling General Administrative is quite stable compared to the past year.
Tax Provision is expected to rise to about 9.6
B this year, although the value of
Issuance Of Capital Stock will most likely fall to 0.00.
UCO Bank fundamental ratios Correlations
Click cells to compare fundamentals
UCO Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
UCO Bank fundamental ratios Accounts
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Other Information on Investing in UCO Stock
Balance Sheet is a snapshot of the
financial position of UCO Bank at a specified time, usually calculated after every quarter, six months, or one year. UCO Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UCO Bank 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 UCO currently owns. An asset can also be divided into two categories, current and non-current.