BQ Stock | | | USD 0.44 0.01 2.22% |
Boqii Holding financial indicator trend analysis is way more than just evaluating Boqii Holding Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boqii Holding Limited is a good investment. Please check the relationship between Boqii Holding Net Borrowings and its Issuance Of Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boqii Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
Net Borrowings vs Issuance Of Capital Stock
Net Borrowings vs Issuance Of Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boqii Holding Limited Net Borrowings account and
Issuance Of Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Boqii Holding's Net Borrowings and Issuance Of Capital Stock is -0.29. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Boqii Holding Limited, assuming nothing else is changed. The correlation between historical values of Boqii Holding's Net Borrowings and Issuance Of Capital 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 Borrowings of Boqii Holding Limited are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Net Borrowings i.e., Boqii Holding's Net Borrowings and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Issuance Of Capital Stock
Most indicators from Boqii Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boqii Holding Limited 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 Boqii Holding Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
As of 11/28/2024,
Selling General Administrative is likely to grow to about 157.8
M, while
Tax Provision is likely to drop (973.4
K).
Boqii Holding fundamental ratios Correlations
Click cells to compare fundamentals
Boqii Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boqii Holding fundamental ratios Accounts
Additional Tools for Boqii Stock Analysis
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measure Boqii Holding'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 Boqii Holding is operating at the current time. Most of Boqii Holding's value examination focuses on studying past and present price action to
predict the probability of Boqii Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boqii Holding's price. Additionally, you may evaluate how the addition of Boqii Holding to your portfolios can decrease your overall portfolio volatility.