| 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 Net Invested Capital and its Common Stock 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.
Net Invested Capital vs Common Stock
Net Invested Capital vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Thunder Mining Net Invested Capital account and
Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Blue Thunder's Net Invested Capital and Common Stock is 0.31. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock 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 Net Invested Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Blue Thunder Mining are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Invested Capital i.e., Blue Thunder's Net Invested Capital and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Common Stock
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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