| BHAT Stock | | | USD 0.16 0.01 5.88% |
Blue Hat financial indicator trend analysis is way more than just evaluating Blue Hat Interactive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Hat Interactive is a good investment. Please check the relationship between Blue Hat Net Income and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Hat Interactive Net Income account and
Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Hat's Net Income and Capital Expenditures is -0.44. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Blue Hat Interactive, assuming nothing else is changed. The correlation between historical values of Blue Hat's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Blue Hat Interactive are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Blue Hat's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.44 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Blue Hat Interactive financial statement analysis. It represents the amount of money remaining after all of Blue Hat Interactive operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Capital Expenditures
Capital Expenditures are funds used by Blue Hat Interactive to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Blue Hat operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Blue Hat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Hat Interactive 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 Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Blue Hat's
Issuance Of Capital Stock is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.34 in 2024, whereas
Discontinued Operations is likely to drop slightly above 939.1
K in 2024.
Blue Hat fundamental ratios Correlations
Click cells to compare fundamentals
Blue Hat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Hat fundamental ratios Accounts
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