BKSY Pb Ratio vs Days Sales Outstanding Analysis
| BKSY-WT Stock | 0.07 0.0002 0.27% |
BKSY WT financial indicator trend analysis is way more than just evaluating BKSY WT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BKSY WT is a good investment. Please check the relationship between BKSY WT Pb Ratio and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BKSY WT. 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.
Pb Ratio vs Days Sales Outstanding
Pb Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BKSY WT Pb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BKSY WT's Pb Ratio and Days Sales Outstanding is -0.31. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of BKSY WT, assuming nothing else is changed. The correlation between historical values of BKSY WT's Pb Ratio and Days Sales 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 Pb Ratio of BKSY WT are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., BKSY WT's Pb Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.31 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
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When running BKSY WT's price analysis, check to measure BKSY WT'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 BKSY WT is operating at the current time. Most of BKSY WT's value examination focuses on studying past and present price action to predict the probability of BKSY WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BKSY WT's price. Additionally, you may evaluate how the addition of BKSY WT to your portfolios can decrease your overall portfolio volatility.