BAG Films financial indicator trend analysis is way more than just evaluating BAG Films prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BAG Films is a good investment. Please check the relationship between BAG Films Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BAG Films Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BAG Films' Cost Of Revenue and Net Income From Continuing Ops is -0.01. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of BAG Films and, assuming nothing else is changed. The correlation between historical values of BAG Films' Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of BAG Films and are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., BAG Films' Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Cost of Revenue is found on BAG Films income statement and represents the costs associated with goods and services BAG Films provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Net Income From Continuing Ops
Most indicators from BAG Films' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BAG Films 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 BAG Films and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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.
Balance Sheet is a snapshot of the financial position of BAG Films at a specified time, usually calculated after every quarter, six months, or one year. BAG Films Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of BAG Films 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 BAG currently owns. An asset can also be divided into two categories, current and non-current.