BT-A Stock | | | 158.50 2.35 1.50% |
BT Group financial indicator trend analysis is way more than just evaluating BT Group Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BT Group Plc is a good investment. Please check the relationship between BT Group Intangible Assets and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BT Group Plc. 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.
Intangible Assets vs Common Stock Shares Outstanding
Intangible Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BT Group Plc Intangible Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between BT Group's Intangible Assets and Common Stock Shares Outstanding is 0.12. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of BT Group Plc, assuming nothing else is changed. The correlation between historical values of BT Group's Intangible Assets 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 Intangible Assets of BT Group Plc 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 Intangible Assets i.e., BT Group's Intangible Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 BT Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BT Group Plc 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 BT Group Plc. 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 drop to about 156.8
M in 2024.
Tax Provision is likely to gain to about (150.5
M) in 2024
BT Group fundamental ratios Correlations
Click cells to compare fundamentals
BT Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BT Group fundamental ratios Accounts
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Additional Tools for BT-A Stock Analysis
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measure BT Group'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 BT Group is operating at the current time. Most of BT Group's value examination focuses on studying past and present price action to
predict the probability of BT Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BT Group's price. Additionally, you may evaluate how the addition of BT Group to your portfolios can decrease your overall portfolio volatility.