| BHAT Stock | | | USD 0.15 0.01 7.14% |
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 Pocfratio and its Ev To Sales 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
signals in nation.
Pocfratio vs Ev To Sales
Pocfratio vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Hat Interactive Pocfratio account and
Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Hat's Pocfratio and Ev To Sales is -0.33. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Ev To Sales 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 Pocfratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Blue Hat Interactive are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Pocfratio i.e., Blue Hat's Pocfratio and Ev To Sales go up and down completely randomly.
Correlation Coefficient | -0.33 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Pocfratio
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
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
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Blue Stock Analysis
When running Blue Hat's price analysis, check to
measure Blue Hat'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 Blue Hat is operating at the current time. Most of Blue Hat's value examination focuses on studying past and present price action to
predict the probability of Blue Hat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Hat's price. Additionally, you may evaluate how the addition of Blue Hat to your portfolios can decrease your overall portfolio volatility.