| BEDU Stock | | | USD 1.85 0.02 1.09% |
Bright Scholar financial indicator trend analysis is way more than just evaluating Bright Scholar Education prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bright Scholar Education is a good investment. Please check the relationship between Bright Scholar Short Term Debt and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bright Scholar Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bright Scholar Education Short Term Debt account and
Common Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Bright Scholar's Short Term Debt and Common Stock is 0.09. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of Bright Scholar Education, assuming nothing else is changed. The correlation between historical values of Bright Scholar's Short Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Bright Scholar Education are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Debt i.e., Bright Scholar's Short Term Debt and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.09 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Most indicators from Bright Scholar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bright Scholar Education 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 Bright Scholar Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Tax Provision is likely to gain to about 224.5
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 252.1
M in 2024.
When running Bright Scholar's price analysis, check to
measure Bright Scholar'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 Bright Scholar is operating at the current time. Most of Bright Scholar's value examination focuses on studying past and present price action to
predict the probability of Bright Scholar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Scholar's price. Additionally, you may evaluate how the addition of Bright Scholar to your portfolios can decrease your overall portfolio volatility.