BAOS Stock | | | USD 1.96 0.11 5.95% |
Baosheng Media financial indicator trend analysis is way more than just evaluating Baosheng Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baosheng Media Group is a good investment. Please check the relationship between Baosheng Media Net Receivables and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Net Receivables vs Non Current Assets Total
Net Receivables vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baosheng Media Group Net Receivables account and
Non Current Assets Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Baosheng Media's Net Receivables and Non Current Assets Total is -0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Baosheng Media Group, assuming nothing else is changed. The correlation between historical values of Baosheng Media's Net Receivables and Non Current Assets Total 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 Receivables of Baosheng Media Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Baosheng Media's Net Receivables and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.88 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Baosheng Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baosheng Media Group 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 Baosheng Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Baosheng Media's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 2.10 in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Baosheng Media fundamental ratios Correlations
Click cells to compare fundamentals
Baosheng Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baosheng Media fundamental ratios Accounts
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