HSBK Stock | | | USD 14.58 2.82 16.21% |
JSC Halyk financial indicator trend analysis is infinitely more than just investigating JSC Halyk bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JSC Halyk bank is a good investment. Please check the relationship between JSC Halyk Ptb Ratio and its Book Value Per Share accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSC Halyk 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 board of governors.
Ptb Ratio vs Book Value Per Share
Ptb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JSC Halyk bank Ptb Ratio account and
Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JSC Halyk's Ptb Ratio and Book Value Per Share is -0.31. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of JSC Halyk bank, assuming nothing else is changed. The correlation between historical values of JSC Halyk's Ptb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of JSC Halyk bank are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ptb Ratio i.e., JSC Halyk's Ptb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from JSC Halyk's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSC Halyk 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSC Halyk 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 board of governors.
At this time, JSC Halyk's
Selling General Administrative is quite stable compared to the past year.
Issuance Of Capital Stock is expected to rise to about 10.1
B this year, although the value of
Tax Provision will most likely fall to about 64.2
B.
JSC Halyk fundamental ratios Correlations
Click cells to compare fundamentals
JSC Halyk Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JSC Halyk fundamental ratios Accounts
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Other Information on Investing in JSC Stock
Balance Sheet is a snapshot of the
financial position of JSC Halyk bank at a specified time, usually calculated after every quarter, six months, or one year. JSC Halyk Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JSC Halyk 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 JSC currently owns. An asset can also be divided into two categories, current and non-current.