BFLY Stock | | | USD 3.29 0.13 4.11% |
Butterfly Network financial indicator trend analysis is way more than just evaluating Butterfly Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Butterfly Network is a good investment. Please check the relationship between Butterfly Network Change To Account Receivables and its Cash Flows Other Operating accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Butterfly Network. 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 economic analysis.
For more information on how to buy Butterfly Stock please use our
How to Invest in Butterfly Network guide.
Change To Account Receivables vs Cash Flows Other Operating
Change To Account Receivables vs Cash Flows Other Operating Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Butterfly Network Change To Account Receivables account and
Cash Flows Other Operating. At this time, the significance of the direction appears to have no relationship.
The correlation between Butterfly Network's Change To Account Receivables and Cash Flows Other Operating is 0.09. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Cash Flows Other Operating in the same time period over historical financial statements of Butterfly Network, assuming nothing else is changed. The correlation between historical values of Butterfly Network's Change To Account Receivables and Cash Flows Other Operating is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Butterfly Network are associated (or correlated) with its Cash Flows Other Operating. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Flows Other Operating has no effect on the direction of Change To Account Receivables i.e., Butterfly Network's Change To Account Receivables and Cash Flows Other Operating go up and down completely randomly.
Correlation Coefficient | 0.09 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Account Receivables
Cash Flows Other Operating
Most indicators from Butterfly Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Butterfly Network 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 Butterfly Network. 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 economic analysis.
For more information on how to buy Butterfly Stock please use our
How to Invest in Butterfly Network guide.At this time, Butterfly Network's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 154.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 62.5
K in 2024.
Butterfly Network fundamental ratios Correlations
Click cells to compare fundamentals
Butterfly Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Butterfly Network fundamental ratios Accounts
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Additional Tools for Butterfly Stock Analysis
When running Butterfly Network's price analysis, check to
measure Butterfly Network'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 Butterfly Network is operating at the current time. Most of Butterfly Network's value examination focuses on studying past and present price action to
predict the probability of Butterfly Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Butterfly Network's price. Additionally, you may evaluate how the addition of Butterfly Network to your portfolios can decrease your overall portfolio volatility.