Bakkt Other Assets vs Common Stock Shares Outstanding Analysis

BKKT Stock  USD 29.33  1.77  5.69%   
Bakkt Holdings financial indicator trend analysis is way more than just evaluating Bakkt Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakkt Holdings is a good investment. Please check the relationship between Bakkt Holdings Other Assets and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.

Other Assets vs Common Stock Shares Outstanding

Other Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Other Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have totally related.
The correlation between Bakkt Holdings' Other Assets and Common Stock Shares Outstanding is 1.0. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bakkt Holdings, assuming nothing else is changed. The correlation between historical values of Bakkt Holdings' Other Assets 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 Other Assets of Bakkt Holdings 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 Other Assets i.e., Bakkt Holdings' Other Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

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 Bakkt Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bakkt Holdings 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 Bakkt Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.Enterprise Value is likely to gain to about 181.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 119.6 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses187.9M231.9M873.2M916.8M
Cost Of Revenue175.1M167.6M718.5M754.4M

Bakkt Holdings fundamental ratios Correlations

0.380.390.530.56-0.050.26-0.77-0.350.480.840.89-0.67-0.70.890.630.91-0.680.030.350.420.620.89-0.510.560.48
0.381.0-0.4-0.38-0.760.160.28-0.830.5-0.18-0.08-0.8-0.590.190.7-0.04-0.620.081.01.00.95-0.09-0.520.640.72
0.391.0-0.4-0.38-0.770.190.27-0.850.53-0.17-0.07-0.81-0.610.210.72-0.03-0.640.111.01.00.95-0.08-0.530.660.74
0.53-0.4-0.40.990.510.07-0.780.41-0.080.740.8-0.07-0.290.44-0.040.79-0.23-0.25-0.42-0.38-0.210.790.380.18-0.28
0.56-0.38-0.380.990.56-0.01-0.810.44-0.130.770.82-0.05-0.250.45-0.070.82-0.19-0.33-0.4-0.36-0.20.80.340.14-0.31
-0.05-0.76-0.770.510.56-0.61-0.530.94-0.770.420.350.750.64-0.09-0.760.340.69-0.61-0.76-0.78-0.720.30.36-0.73-0.83
0.260.160.190.07-0.01-0.61-0.04-0.620.870.130.14-0.59-0.690.550.640.13-0.720.870.140.210.320.25-0.250.640.64
-0.770.280.27-0.78-0.81-0.53-0.04-0.26-0.06-0.99-0.970.080.23-0.77-0.11-0.960.190.120.30.240.0-0.960.22-0.040.04
-0.35-0.83-0.850.410.440.94-0.62-0.26-0.870.130.070.860.75-0.37-0.910.050.79-0.62-0.82-0.86-0.870.020.62-0.78-0.96
0.480.50.53-0.08-0.13-0.770.87-0.06-0.870.180.21-0.82-0.840.630.930.21-0.870.830.480.550.670.3-0.560.810.93
0.84-0.18-0.170.740.770.420.13-0.990.130.180.98-0.2-0.330.840.230.98-0.3-0.03-0.2-0.140.110.98-0.310.150.09
0.89-0.08-0.070.80.820.350.14-0.970.070.210.98-0.31-0.440.830.31.0-0.4-0.08-0.1-0.040.20.99-0.250.270.12
-0.67-0.8-0.81-0.07-0.050.75-0.590.080.86-0.82-0.2-0.310.96-0.57-0.93-0.340.97-0.37-0.78-0.83-0.9-0.340.43-0.95-0.84
-0.7-0.59-0.61-0.29-0.250.64-0.690.230.75-0.84-0.33-0.440.96-0.64-0.9-0.461.0-0.44-0.57-0.63-0.74-0.490.3-0.98-0.78
0.890.190.210.440.45-0.090.55-0.77-0.370.630.840.83-0.57-0.640.610.83-0.640.380.160.240.480.87-0.610.460.53
0.630.70.72-0.04-0.07-0.760.64-0.11-0.910.930.230.3-0.93-0.90.610.31-0.920.580.680.740.850.35-0.60.890.96
0.91-0.04-0.030.790.820.340.13-0.960.050.210.981.0-0.34-0.460.830.31-0.42-0.11-0.060.00.230.99-0.260.290.13
-0.68-0.62-0.64-0.23-0.190.69-0.720.190.79-0.87-0.3-0.40.971.0-0.64-0.92-0.42-0.48-0.6-0.66-0.77-0.450.34-0.97-0.81
0.030.080.11-0.25-0.33-0.610.870.12-0.620.83-0.03-0.08-0.37-0.440.380.58-0.11-0.480.060.120.210.03-0.420.420.68
0.351.01.0-0.42-0.4-0.760.140.3-0.820.48-0.2-0.1-0.78-0.570.160.68-0.06-0.60.061.00.94-0.12-0.50.620.7
0.421.01.0-0.38-0.36-0.780.210.24-0.860.55-0.14-0.04-0.83-0.630.240.740.0-0.660.121.00.96-0.05-0.540.670.75
0.620.950.95-0.21-0.2-0.720.320.0-0.870.670.110.2-0.9-0.740.480.850.23-0.770.210.940.960.2-0.660.740.83
0.89-0.09-0.080.790.80.30.25-0.960.020.30.980.99-0.34-0.490.870.350.99-0.450.03-0.12-0.050.2-0.280.310.18
-0.51-0.52-0.530.380.340.36-0.250.220.62-0.56-0.31-0.250.430.3-0.61-0.6-0.260.34-0.42-0.5-0.54-0.66-0.28-0.2-0.72
0.560.640.660.180.14-0.730.64-0.04-0.780.810.150.27-0.95-0.980.460.890.29-0.970.420.620.670.740.31-0.20.77
0.480.720.74-0.28-0.31-0.830.640.04-0.960.930.090.12-0.84-0.780.530.960.13-0.810.680.70.750.830.18-0.720.77
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Bakkt Holdings Account Relationship Matchups

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Additional Tools for Bakkt Stock Analysis

When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.