BOL Stock | | | CAD 0.04 0.00 0.00% |
Bold Ventures financial indicator trend analysis is way more than just evaluating Bold Ventures prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bold Ventures is a good investment. Please check the relationship between Bold Ventures Net Debt and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bold Ventures. 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.
Net Debt vs Common Stock Shares Outstanding
Net Debt vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bold Ventures Net Debt account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bold Ventures' Net Debt and Common Stock Shares Outstanding is -0.41. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bold Ventures, assuming nothing else is changed. The correlation between historical values of Bold Ventures' Net Debt and Common Stock Shares 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 Net Debt of Bold Ventures are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Debt i.e., Bold Ventures' Net Debt and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bold Ventures' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bold Ventures 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 Bold Ventures. 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.
Selling General Administrative is likely to climb to about 283
K in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 70
K in 2024.
Bold Ventures fundamental ratios Correlations
Click cells to compare fundamentals
Bold Ventures Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bold Ventures fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Bold Stock Analysis
When running Bold Ventures' price analysis, check to
measure Bold Ventures' 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 Bold Ventures is operating at the current time. Most of Bold Ventures' value examination focuses on studying past and present price action to
predict the probability of Bold Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bold Ventures' price. Additionally, you may evaluate how the addition of Bold Ventures to your portfolios can decrease your overall portfolio volatility.