0HKP Stock | | | 29.18 0.03 0.10% |
BP PLC financial indicator trend analysis is way more than just evaluating BP PLC ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP PLC ADR is a good investment. Please check the relationship between BP PLC Minority Interest and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BP PLC ADR. 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.
Minority Interest vs Interest Income
Minority Interest vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BP PLC ADR Minority Interest account and
Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BP PLC's Minority Interest and Interest Income is 0.84. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Interest Income in the same time period over historical financial statements of BP PLC ADR, assuming nothing else is changed. The correlation between historical values of BP PLC's Minority Interest and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of BP PLC ADR are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Minority Interest i.e., BP PLC's Minority Interest and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of BP PLC ADR whose combined shares represent less than 50% of the total outstanding shares issued by BP PLC have a minority interest in BP PLC.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from BP PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP PLC ADR 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 BP PLC ADR. 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 12
B in 2024, despite the fact that
Tax Provision is likely to grow to (3.6
B).
BP PLC fundamental ratios Correlations
Click cells to compare fundamentals
BP PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BP PLC fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for 0HKP Stock Analysis
When running BP PLC's price analysis, check to
measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to
predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.