Black Current Ratio vs Ptb Ratio Analysis
| BKHAU Stock | 10.49 0.00 0.00% |
Black Hawk financial indicator trend analysis is way more than just evaluating Black Hawk Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Hawk Acquisition is a good investment. Please check the relationship between Black Hawk Current Ratio and its Ptb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hawk Acquisition. 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.
Current Ratio vs Ptb Ratio
Current Ratio vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Black Hawk Acquisition Current Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have totally related.
The correlation between Black Hawk's Current Ratio and Ptb Ratio is 1.0. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Black Hawk Acquisition, assuming nothing else is changed. The correlation between historical values of Black Hawk's Current Ratio and Ptb 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 Current Ratio of Black Hawk Acquisition are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Current Ratio i.e., Black Hawk's Current Ratio and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Black Stock Analysis
When running Black Hawk's price analysis, check to measure Black Hawk'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 Black Hawk is operating at the current time. Most of Black Hawk's value examination focuses on studying past and present price action to predict the probability of Black Hawk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hawk's price. Additionally, you may evaluate how the addition of Black Hawk to your portfolios can decrease your overall portfolio volatility.