New Net Working Capital vs Common Stock Analysis
| NPAB Stock | USD 10.82 0.02 0.18% |
New Providence financial indicator trend analysis is infinitely more than just investigating New Providence Acqui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Providence Acqui is a good investment. Please check the relationship between New Providence Net Working Capital and its Common Stock accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Providence Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Net Working Capital vs Common Stock
Net Working Capital vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New Providence Acqui Net Working Capital account and Common Stock. At this time, the significance of the direction appears to have totally related.
The correlation between New Providence's Net Working Capital and Common Stock is 0.99. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock in the same time period over historical financial statements of New Providence Acquisition, assuming nothing else is changed. The correlation between historical values of New Providence's Net Working Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Working Capital of New Providence Acquisition are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Working Capital i.e., New Providence's Net Working Capital and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Working Capital
Common Stock
Most indicators from New Providence's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Providence Acqui 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Providence Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. As of May 6, 2024, Tax Provision is expected to decline to about 795.1 K. In addition to that, Issuance Of Capital Stock is expected to decline to 0.00
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 20.9K | 3.4M | 7.1M | 3.8M | Net Interest Income | 20.9K | 3.4M | 7.1M | 3.8M |
New Providence fundamental ratios Correlations
Click cells to compare fundamentals
New Providence Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Providence in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Providence's short interest history, or implied volatility extrapolated from New Providence options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Providence Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the New Providence Acqui information on this page should be used as a complementary analysis to other New Providence's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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When running New Providence's price analysis, check to measure New Providence'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 New Providence is operating at the current time. Most of New Providence's value examination focuses on studying past and present price action to predict the probability of New Providence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Providence's price. Additionally, you may evaluate how the addition of New Providence to your portfolios can decrease your overall portfolio volatility.
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Is New Providence's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Providence. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Providence listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 0.18 | Return On Assets (0.01) |
The market value of New Providence Acqui is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Providence's value that differs from its market value or its book value, called intrinsic value, which is New Providence's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Providence's market value can be influenced by many factors that don't directly affect New Providence's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Providence's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Providence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Providence's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.