BRT Stock | | | USD 20.06 0.26 1.31% |
BRT Realty financial indicator trend analysis is way more than just evaluating BRT Realty Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRT Realty Trust is a good investment. Please check the relationship between BRT Realty Net Income Per Share and its Roic accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Net Income Per Share vs Roic
Net Income Per Share vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BRT Realty Trust Net Income Per Share account and
Roic. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BRT Realty's Net Income Per Share and Roic is 0.47. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Roic in the same time period over historical financial statements of BRT Realty Trust, assuming nothing else is changed. The correlation between historical values of BRT Realty's Net Income Per Share and Roic 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 Income Per Share of BRT Realty Trust are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Net Income Per Share i.e., BRT Realty's Net Income Per Share and Roic go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Income Per Share
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.
Most indicators from BRT Realty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRT Realty Trust 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 BRT Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, BRT Realty's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 15.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 51.3
K in 2024.
BRT Realty fundamental ratios Correlations
Click cells to compare fundamentals
BRT Realty Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRT Realty fundamental ratios Accounts
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Additional Tools for BRT Stock Analysis
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measure BRT Realty'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 BRT Realty is operating at the current time. Most of BRT Realty's value examination focuses on studying past and present price action to
predict the probability of BRT Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRT Realty's price. Additionally, you may evaluate how the addition of BRT Realty to your portfolios can decrease your overall portfolio volatility.