Brand Roic vs Tangible Book Value Per Share Analysis
BNAIW Stock | 0.02 0.0002 0.96% |
Brand Engagement financial indicator trend analysis is way more than just evaluating Brand Engagement Network prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brand Engagement Network is a good investment. Please check the relationship between Brand Engagement Roic and its Tangible Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Roic vs Tangible Book Value Per Share
Roic vs Tangible Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brand Engagement Network Roic account and Tangible Book Value Per Share. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Brand Engagement's Roic and Tangible Book Value Per Share is 0.1. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Tangible Book Value Per Share in the same time period over historical financial statements of Brand Engagement Network, assuming nothing else is changed. The correlation between historical values of Brand Engagement's Roic and Tangible Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Brand Engagement Network are associated (or correlated) with its Tangible Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tangible Book Value Per Share has no effect on the direction of Roic i.e., Brand Engagement's Roic and Tangible Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Tangible Book Value Per Share
Most indicators from Brand Engagement's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brand Engagement Network 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 Brand Engagement Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Brand Engagement's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 238.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 994.6 K in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Gross Profit | 7.4K | 15.6K | 18.0K | 12.7K | Total Revenue | 7.4K | 15.6K | 18.0K | 12.7K |
Brand Engagement fundamental ratios Correlations
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Brand Engagement Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Brand Engagement's price analysis, check to measure Brand Engagement'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 Brand Engagement is operating at the current time. Most of Brand Engagement's value examination focuses on studying past and present price action to predict the probability of Brand Engagement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brand Engagement's price. Additionally, you may evaluate how the addition of Brand Engagement to your portfolios can decrease your overall portfolio volatility.