BLUE Stock | | | CAD 0.04 0.01 10.00% |
Blue Thunder financial indicator trend analysis is way more than just evaluating Blue Thunder Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Thunder Mining is a good investment. Please check the relationship between Blue Thunder Inventory and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Thunder Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Inventory vs Property Plant Equipment
Inventory vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Thunder Mining Inventory account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Blue Thunder's Inventory and Property Plant Equipment is 0.51. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Blue Thunder Mining, assuming nothing else is changed. The correlation between historical values of Blue Thunder's Inventory and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Blue Thunder Mining are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Inventory i.e., Blue Thunder's Inventory and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory
Property Plant Equipment
Most indicators from Blue Thunder's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Thunder Mining 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 Blue Thunder Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Blue Thunder's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 1.5
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.56 in 2024.
Blue Thunder fundamental ratios Correlations
Click cells to compare fundamentals
Blue Thunder Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Thunder fundamental ratios Accounts
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