BPT Stock | | | USD 1.09 0.05 4.39% |
BP Prudhoe financial indicator trend analysis is way more than just evaluating BP Prudhoe Bay prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BP Prudhoe Bay is a good investment. Please check the relationship between BP Prudhoe Net Working Capital and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BP Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
Net Working Capital vs Common Stock Shares Outstanding
Net Working Capital vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BP Prudhoe Bay Net Working Capital account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BP Prudhoe's Net Working Capital and Common Stock Shares Outstanding is -0.35. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of BP Prudhoe Bay, assuming nothing else is changed. The correlation between historical values of BP Prudhoe's Net Working Capital 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 Working Capital of BP Prudhoe Bay 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 Working Capital i.e., BP Prudhoe's Net Working Capital and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.35 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Working Capital
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 BP Prudhoe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BP Prudhoe Bay 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 BP Prudhoe Bay. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
At this time, BP Prudhoe's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 9.63 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.3
M in 2024.
BP Prudhoe fundamental ratios Correlations
Click cells to compare fundamentals
BP Prudhoe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BP Prudhoe fundamental ratios Accounts
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Additional Tools for BPT Stock Analysis
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measure BP Prudhoe'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 BP Prudhoe is operating at the current time. Most of BP Prudhoe's value examination focuses on studying past and present price action to
predict the probability of BP Prudhoe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP Prudhoe's price. Additionally, you may evaluate how the addition of BP Prudhoe to your portfolios can decrease your overall portfolio volatility.