| BHMU Stock | | | 4.18 0.10 2.45% |
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 Cash and its Common Stock Shares Outstanding 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BH Macro Limited Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BH Macro's Cash and Common Stock Shares Outstanding is 0.59. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding 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 Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of BH Macro Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., BH Macro's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of BH Macro Limited, which is listed under current asset account on BH Macro Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BH Macro customers. The amounts must be unrestricted with restricted cash listed in a different BH Macro account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 BHMU 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.