BlackBerry Total Stockholder Equity vs Short Long Term Debt Total Analysis

BB Stock  CAD 3.29  0.03  0.92%   
BlackBerry financial indicator trend analysis is way more than just evaluating BlackBerry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BlackBerry is a good investment. Please check the relationship between BlackBerry Total Stockholder Equity and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.

Total Stockholder Equity vs Short Long Term Debt Total

Total Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackBerry Total Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between BlackBerry's Total Stockholder Equity and Short Long Term Debt Total is 0.63. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of BlackBerry, assuming nothing else is changed. The correlation between historical values of BlackBerry's Total Stockholder Equity and Short Long Term Debt 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 Total Stockholder Equity of BlackBerry are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., BlackBerry's Total Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Short Long Term Debt Total

Most indicators from BlackBerry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BlackBerry 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 BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.At this time, BlackBerry's Tax Provision is very stable compared to the past year. As of the 23rd of November 2024, Issuance Of Capital Stock is likely to grow to about 7.3 M, while Selling General Administrative is likely to drop about 171.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses681M643M592M562.4M
Cost Of Revenue251M237M333M316.4M

BlackBerry fundamental ratios Correlations

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0.680.580.570.630.490.69-0.360.570.520.830.570.930.51-0.010.240.54-0.480.720.480.740.90.050.940.52-0.37
0.980.581.00.960.980.9-0.820.940.990.890.920.780.99-0.140.870.91-0.970.910.980.970.60.030.570.08-0.88
0.970.571.00.950.980.9-0.810.930.980.890.920.770.98-0.090.880.92-0.970.910.980.970.60.030.570.07-0.88
0.990.630.960.950.970.82-0.870.970.970.840.980.770.97-0.080.860.79-0.90.840.970.950.610.030.61-0.01-0.94
0.960.490.980.980.970.82-0.870.971.00.80.940.71.0-0.150.920.84-0.950.841.00.940.520.010.5-0.07-0.95
0.90.690.90.90.820.82-0.530.750.830.930.810.870.830.050.70.93-0.860.990.810.930.680.150.690.46-0.62
-0.79-0.36-0.82-0.81-0.87-0.87-0.53-0.89-0.89-0.63-0.8-0.49-0.870.2-0.8-0.570.81-0.54-0.88-0.75-0.4-0.06-0.290.430.93
0.950.570.940.930.970.970.75-0.890.970.820.930.740.96-0.290.820.77-0.870.80.960.930.6-0.10.58-0.07-0.94
0.970.520.990.980.971.00.83-0.890.970.830.940.721.0-0.170.90.84-0.950.851.00.950.550.010.52-0.06-0.94
0.910.830.890.890.840.80.93-0.630.820.830.790.950.82-0.10.60.88-0.820.950.80.950.840.050.80.4-0.63
0.970.570.920.920.980.940.81-0.80.930.940.790.710.940.030.880.76-0.880.830.940.90.510.030.530.02-0.91
0.840.930.780.770.770.70.87-0.490.740.720.950.710.71-0.110.450.78-0.670.90.680.90.930.030.940.51-0.53
0.970.510.990.980.971.00.83-0.870.961.00.820.940.71-0.140.920.85-0.960.851.00.940.530.040.51-0.05-0.94
-0.07-0.01-0.14-0.09-0.08-0.150.050.2-0.29-0.17-0.10.03-0.11-0.140.08-0.030.02-0.04-0.15-0.14-0.130.43-0.140.110.14
0.840.240.870.880.860.920.7-0.80.820.90.60.880.450.920.080.74-0.910.690.930.770.250.20.24-0.19-0.91
0.870.540.910.920.790.840.93-0.570.770.840.880.760.780.85-0.030.74-0.870.940.840.910.63-0.030.590.32-0.66
-0.92-0.48-0.97-0.97-0.9-0.95-0.860.81-0.87-0.95-0.82-0.88-0.67-0.960.02-0.91-0.87-0.86-0.95-0.91-0.46-0.13-0.42-0.010.85
0.920.720.910.910.840.840.99-0.540.80.850.950.830.90.85-0.040.690.94-0.860.830.950.720.030.740.47-0.65
0.960.480.980.980.971.00.81-0.880.961.00.80.940.681.0-0.150.930.84-0.950.830.930.510.040.49-0.08-0.95
0.980.740.970.970.950.940.93-0.750.930.950.950.90.90.94-0.140.770.91-0.910.950.930.750.030.740.23-0.81
0.670.90.60.60.610.520.68-0.40.60.550.840.510.930.53-0.130.250.63-0.460.720.510.750.050.940.45-0.39
0.030.050.030.030.030.010.15-0.06-0.10.010.050.030.030.040.430.2-0.03-0.130.030.040.030.05-0.020.070.0
0.670.940.570.570.610.50.69-0.290.580.520.80.530.940.51-0.140.240.59-0.420.740.490.740.94-0.020.58-0.37
0.140.520.080.07-0.01-0.070.460.43-0.07-0.060.40.020.51-0.050.11-0.190.32-0.010.47-0.080.230.450.070.580.32
-0.88-0.37-0.88-0.88-0.94-0.95-0.620.93-0.94-0.94-0.63-0.91-0.53-0.940.14-0.91-0.660.85-0.65-0.95-0.81-0.390.0-0.370.32
Click cells to compare fundamentals

BlackBerry Account Relationship Matchups

Pair Trading with BlackBerry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BlackBerry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BlackBerry will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BlackBerry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BlackBerry to buy it.
The correlation of BlackBerry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BlackBerry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BlackBerry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BlackBerry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blackberry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blackberry Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BlackBerry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.