BHMG Stock | | | 387.50 1.50 0.39% |
BH Macro financial indicator trend analysis is way more than just evaluating BH Macro Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BH Macro Limited is a good investment. Please check the relationship between BH Macro Non Current Liabilities Total and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BH Macro Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Current Liabilities Total vs Other Stockholder Equity
Non Current Liabilities Total vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BH Macro Limited Non Current Liabilities Total account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BH Macro's Non Current Liabilities Total and Other Stockholder Equity is 0.57. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of BH Macro Limited, assuming nothing else is changed. The correlation between historical values of BH Macro's Non Current Liabilities Total and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of BH Macro Limited are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., BH Macro's Non Current Liabilities Total and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Other Stockholder Equity
Most indicators from BH Macro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BH Macro Limited 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 BH Macro Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 51.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 218
M in 2024
BH Macro fundamental ratios Correlations
Click cells to compare fundamentals
BH Macro Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BH Macro fundamental ratios Accounts
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Additional Tools for BHMG Stock Analysis
When running BH Macro's price analysis, check to
measure BH Macro'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 BH Macro is operating at the current time. Most of BH Macro's value examination focuses on studying past and present price action to
predict the probability of BH Macro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BH Macro's price. Additionally, you may evaluate how the addition of BH Macro to your portfolios can decrease your overall portfolio volatility.