Bluejay Interest Income vs Other Operating Expenses Analysis

BJDX Stock  USD 3.52  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 Interest Income and its Other Operating Expenses 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.

Interest Income vs Other Operating Expenses

Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bluejay Diagnostics Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bluejay Diagnostics' Interest Income and Other Operating Expenses is 0.71. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Other Operating Expenses 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' Interest Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Bluejay Diagnostics are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Interest Income i.e., Bluejay Diagnostics' Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bluejay Diagnostics. It is also known as Bluejay Diagnostics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Expenses3.2M9.4M10.3M5.6M
Cost Of Revenue145.7K200.1K781.0K820.0K

Bluejay Diagnostics fundamental ratios Correlations

-0.810.460.320.990.920.280.69-0.97-0.490.660.960.290.84-0.240.960.8-0.72-0.83-0.840.940.94-0.860.980.230.7
-0.81-0.87-0.64-0.81-0.95-0.7-0.850.720.87-0.86-0.7-0.71-0.980.56-0.7-0.980.820.980.97-0.94-0.940.86-0.79-0.69-0.85
0.46-0.870.860.460.70.890.84-0.35-0.920.90.320.890.85-0.590.320.86-0.79-0.81-0.850.720.67-0.540.420.840.83
0.32-0.640.860.260.440.670.85-0.21-0.750.910.190.680.7-0.50.190.69-0.86-0.54-0.720.520.45-0.170.230.70.85
0.99-0.810.460.260.930.290.67-0.99-0.450.620.980.310.81-0.140.980.76-0.67-0.81-0.80.930.94-0.881.00.170.68
0.92-0.950.70.440.930.490.79-0.88-0.690.740.860.510.92-0.380.860.91-0.76-0.93-0.920.961.0-0.930.920.450.79
0.28-0.70.890.670.290.490.55-0.16-0.810.740.131.00.65-0.470.130.67-0.49-0.68-0.640.590.45-0.460.260.80.54
0.69-0.850.840.850.670.790.55-0.65-0.720.930.630.560.88-0.380.630.85-0.98-0.75-0.890.790.8-0.520.650.531.0
-0.970.72-0.35-0.21-0.99-0.88-0.16-0.650.32-0.56-1.0-0.17-0.730.03-1.0-0.680.650.710.73-0.87-0.90.8-0.99-0.03-0.65
-0.490.87-0.92-0.75-0.45-0.69-0.81-0.720.32-0.82-0.28-0.82-0.880.84-0.28-0.910.720.880.87-0.71-0.690.63-0.41-0.95-0.71
0.66-0.860.90.910.620.740.740.93-0.56-0.820.540.750.91-0.480.540.88-0.94-0.8-0.910.830.74-0.530.60.670.93
0.96-0.70.320.190.980.860.130.63-1.0-0.280.540.140.70.021.00.64-0.62-0.68-0.70.850.88-0.780.99-0.010.63
0.29-0.710.890.680.310.511.00.56-0.17-0.820.750.140.66-0.470.140.68-0.5-0.69-0.650.60.46-0.470.270.80.55
0.84-0.980.850.70.810.920.650.88-0.73-0.880.910.70.66-0.610.70.99-0.89-0.97-1.00.950.93-0.810.780.70.88
-0.240.56-0.59-0.5-0.14-0.38-0.47-0.380.030.84-0.480.02-0.47-0.610.02-0.680.470.630.6-0.37-0.410.39-0.1-0.9-0.37
0.96-0.70.320.190.980.860.130.63-1.0-0.280.541.00.140.70.020.64-0.62-0.68-0.70.850.88-0.780.99-0.010.63
0.8-0.980.860.690.760.910.670.85-0.68-0.910.880.640.680.99-0.680.64-0.86-0.98-0.990.920.91-0.810.740.750.84
-0.720.82-0.79-0.86-0.67-0.76-0.49-0.980.650.72-0.94-0.62-0.5-0.890.47-0.62-0.860.750.91-0.79-0.780.5-0.64-0.55-0.98
-0.830.98-0.81-0.54-0.81-0.93-0.68-0.750.710.88-0.8-0.68-0.69-0.970.63-0.68-0.980.750.96-0.94-0.930.91-0.79-0.71-0.75
-0.840.97-0.85-0.72-0.8-0.92-0.64-0.890.730.87-0.91-0.7-0.65-1.00.6-0.7-0.990.910.96-0.94-0.930.79-0.78-0.69-0.89
0.94-0.940.720.520.930.960.590.79-0.87-0.710.830.850.60.95-0.370.850.92-0.79-0.94-0.940.96-0.890.920.490.79
0.94-0.940.670.450.941.00.450.8-0.9-0.690.740.880.460.93-0.410.880.91-0.78-0.93-0.930.96-0.920.930.450.8
-0.860.86-0.54-0.17-0.88-0.93-0.46-0.520.80.63-0.53-0.78-0.47-0.810.39-0.78-0.810.50.910.79-0.89-0.92-0.87-0.43-0.52
0.98-0.790.420.231.00.920.260.65-0.99-0.410.60.990.270.78-0.10.990.74-0.64-0.79-0.780.920.93-0.870.130.66
0.23-0.690.840.70.170.450.80.53-0.03-0.950.67-0.010.80.7-0.9-0.010.75-0.55-0.71-0.690.490.45-0.430.130.52
0.7-0.850.830.850.680.790.541.0-0.65-0.710.930.630.550.88-0.370.630.84-0.98-0.75-0.890.790.8-0.520.660.52
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Bluejay Diagnostics Account Relationship Matchups

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