Bluejay Capex To Operating Cash Flow vs Pfcf Ratio Analysis
BJDX Stock | USD 3.50 0.02 0.57% |
Bluejay Diagnostics financial indicator trend analysis is way more than just evaluating Bluejay Diagnostics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bluejay Diagnostics is a good investment. Please check the relationship between Bluejay Diagnostics Capex To Operating Cash Flow and its Pfcf Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluejay Diagnostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Bluejay Stock please use our How to Invest in Bluejay Diagnostics guide.
Capex To Operating Cash Flow vs Pfcf Ratio
Capex To Operating Cash Flow vs Pfcf Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluejay Diagnostics Capex To Operating Cash Flow account and Pfcf Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bluejay Diagnostics' Capex To Operating Cash Flow and Pfcf Ratio is -0.55. Overlapping area represents the amount of variation of Capex To Operating Cash Flow that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Bluejay Diagnostics, assuming nothing else is changed. The correlation between historical values of Bluejay Diagnostics' Capex To Operating Cash Flow and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Operating Cash Flow of Bluejay Diagnostics are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Capex To Operating Cash Flow i.e., Bluejay Diagnostics' Capex To Operating Cash Flow and Pfcf Ratio go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capex To Operating Cash Flow
Pfcf Ratio
Most indicators from Bluejay Diagnostics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bluejay Diagnostics 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 Bluejay Diagnostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Bluejay Stock please use our How to Invest in Bluejay Diagnostics guide.Selling General Administrative is likely to drop to about 2.7 M in 2024. Issuance Of Capital Stock is likely to drop to about 1.5 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 3.2M | 9.4M | 10.3M | 5.6M | Cost Of Revenue | 145.7K | 200.1K | 781.0K | 820.0K |
Bluejay Diagnostics fundamental ratios Correlations
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Bluejay Diagnostics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Bluejay Stock Analysis
When running Bluejay Diagnostics' price analysis, check to measure Bluejay Diagnostics' 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 Bluejay Diagnostics is operating at the current time. Most of Bluejay Diagnostics' value examination focuses on studying past and present price action to predict the probability of Bluejay Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluejay Diagnostics' price. Additionally, you may evaluate how the addition of Bluejay Diagnostics to your portfolios can decrease your overall portfolio volatility.