BFST Stock | | | USD 28.95 0.57 2.01% |
Business First financial indicator trend analysis is way more than just evaluating Business First Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Business First Bancshares is a good investment. Please check the relationship between Business First Other Stockholder Equity and its Net Receivables accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Business First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Business First Bancshares Other Stockholder Equity account and
Net Receivables. At this time, the significance of the direction appears to have pay attention.
The correlation between Business First's Other Stockholder Equity and Net Receivables is -0.73. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Business First Bancshares, assuming nothing else is changed. The correlation between historical values of Business First's Other Stockholder Equity and Net 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 Other Stockholder Equity of Business First Bancshares are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Business First's Other Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Most indicators from Business First's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Business First Bancshares 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 Business First Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Business First's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 21
M in 2024, whereas
Enterprise Value Multiple is likely to drop 27.86 in 2024.
When running Business First's price analysis, check to
measure Business First'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 Business First is operating at the current time. Most of Business First's value examination focuses on studying past and present price action to
predict the probability of Business First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Business First's price. Additionally, you may evaluate how the addition of Business First to your portfolios can decrease your overall portfolio volatility.