| BLX Stock | | | USD 33.41 0.57 1.68% |
Foreign Trade financial indicator trend analysis is much more than just examining Foreign Trade Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Foreign Trade Bank is a good investment. Please check the relationship between Foreign Trade Gross Profit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Foreign Trade Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Foreign Trade Bank Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Foreign Trade's Gross Profit and Cost Of Revenue is -0.72. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Foreign Trade Bank, assuming nothing else is changed. The correlation between historical values of Foreign Trade's Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Foreign Trade Bank are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Foreign Trade's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.72 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Foreign Trade Bank minus its cost of goods sold. It is profit before Foreign Trade operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on Foreign Trade Bank income statement and represents the costs associated with goods and services Foreign Trade provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Foreign Trade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Foreign Trade Bank 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 Foreign Trade Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Selling General Administrative is likely to rise to about 50.7
M in 2024, whereas
Discontinued Operations is likely to drop (3.8
K) in 2024.
Foreign Trade fundamental ratios Correlations
Click cells to compare fundamentals
Foreign Trade Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Foreign Trade fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Foreign Stock Analysis
When running Foreign Trade's price analysis, check to
measure Foreign Trade'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 Foreign Trade is operating at the current time. Most of Foreign Trade's value examination focuses on studying past and present price action to
predict the probability of Foreign Trade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foreign Trade's price. Additionally, you may evaluate how the addition of Foreign Trade to your portfolios can decrease your overall portfolio volatility.