BlackBerry Exchange Rate Changes vs Change Receivables Analysis

BB Stock  USD 2.32  0.01  0.43%   
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 Exchange Rate Changes and its Change Receivables 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 bureau of labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.

Exchange Rate Changes vs Change Receivables

Exchange Rate Changes vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BlackBerry Exchange Rate Changes account and Change Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between BlackBerry's Exchange Rate Changes and Change Receivables is -0.81. Overlapping area represents the amount of variation of Exchange Rate Changes that can explain the historical movement of Change Receivables in the same time period over historical financial statements of BlackBerry, assuming nothing else is changed. The correlation between historical values of BlackBerry's Exchange Rate Changes and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Exchange Rate Changes of BlackBerry are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Exchange Rate Changes i.e., BlackBerry's Exchange Rate Changes and Change Receivables go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Exchange Rate Changes

The impact of changes in foreign exchange rates on a company's financial position and results.

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
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 bureau of labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.At present, BlackBerry's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 7.3 M, whereas Selling General Administrative is forecasted to decline to about 171.9 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses681M643M645M612.8M
Cost Of Revenue251M237M333M316.4M

BlackBerry fundamental ratios Correlations

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0.850.90.860.860.780.770.9-0.570.770.790.960.70.940.78-0.20.40.780.86-0.40.920.760.930.580.830.22
0.570.640.450.450.530.360.55-0.230.450.390.680.540.760.370.160.50.350.34-0.160.610.340.570.580.760.02
0.670.810.570.570.610.50.69-0.30.580.520.790.530.940.51-0.140.580.50.54-0.270.740.490.740.830.760.21
0.250.270.20.210.230.180.36-0.170.10.190.290.230.280.220.380.20.170.2-0.310.250.20.250.220.020.21
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BlackBerry Account Relationship Matchups

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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 bureau of labor statistics.
For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BlackBerry. If investors know BlackBerry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.083
Quarterly Revenue Growth
0.098
Return On Assets
(0.02)
Return On Equity
(0.18)
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.