BTBDW Stock | | | USD 0.09 0.0005 0.53% |
BT Brands financial indicator trend analysis is way more than just evaluating BT Brands Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BT Brands Warrant is a good investment. Please check the relationship between BT Brands Net Receivables and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Net Receivables vs Common Stock
Net Receivables vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BT Brands Warrant Net Receivables account and
Common Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BT Brands' Net Receivables and Common Stock is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of BT Brands Warrant, assuming nothing else is changed. The correlation between historical values of BT Brands' Net Receivables and Common 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 Receivables of BT Brands Warrant are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., BT Brands' Net Receivables and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Common Stock
Most indicators from BT Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BT Brands Warrant 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, BT Brands'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 20.9
M in 2024, despite the fact that
Tax Provision is likely to grow to (244.2
K).
BT Brands fundamental ratios Correlations
Click cells to compare fundamentals
BT Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BT Brands fundamental ratios Accounts
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Additional Tools for BTBDW Stock Analysis
When running BT Brands' price analysis, check to
measure BT Brands' 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 Brands is operating at the current time. Most of BT Brands' value examination focuses on studying past and present price action to
predict the probability of BT Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BT Brands' price. Additionally, you may evaluate how the addition of BT Brands to your portfolios can decrease your overall portfolio volatility.