| 0RIP Stock | | | 2.56 0.02 0.79% |
Bet At financial indicator trend analysis is way more than just evaluating bet at home prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether bet at home is a good investment. Please check the relationship between Bet At Cash and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in bet at home AG. 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.
Cash vs Total Stockholder Equity
Cash vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
bet at home Cash account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bet At's Cash and Total Stockholder Equity is -0.64. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of bet at home AG, assuming nothing else is changed. The correlation between historical values of Bet At's Cash and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of bet at home AG are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Cash i.e., Bet At's Cash and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of bet at home, which is listed under current asset account on bet at home AG balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bet At customers. The amounts must be unrestricted with restricted cash listed in a different Bet At account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Bet At's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into bet at home 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 bet at home AG. 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.
Tax Provision is likely to gain to about 6.4
M in 2024.
Selling General Administrative is likely to gain to about 57
M in 2024
Bet At fundamental ratios Correlations
Click cells to compare fundamentals
Bet At Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bet At 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 Bet Stock Analysis
When running Bet At's price analysis, check to
measure Bet At'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 Bet At is operating at the current time. Most of Bet At's value examination focuses on studying past and present price action to
predict the probability of Bet At's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bet At's price. Additionally, you may evaluate how the addition of Bet At to your portfolios can decrease your overall portfolio volatility.