| BTCS Stock | | | USD 3.56 0.21 5.57% |
BTCS financial indicator trend analysis is way more than just evaluating BTCS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTCS Inc is a good investment. Please check the relationship between BTCS Selling General Administrative and its Income Tax Expense accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Selling General Administrative vs Income Tax Expense
Selling General Administrative vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BTCS Inc Selling General Administrative account and
Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BTCS's Selling General Administrative and Income Tax Expense is -0.15. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of BTCS Inc, assuming nothing else is changed. The correlation between historical values of BTCS's Selling General Administrative and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of BTCS Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., BTCS's Selling General Administrative and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.15 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Selling General Administrative
Income Tax Expense
Most indicators from BTCS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTCS Inc 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 BTCS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Enterprise Value is likely to gain to about 22.6
M in 2024, whereas Selling General Administrative is likely to drop slightly above 4
M in 2024.
BTCS fundamental ratios Correlations
Click cells to compare fundamentals
BTCS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTCS fundamental ratios Accounts
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Additional Tools for BTCS Stock Analysis
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