BTCT Stock | | | 15.32 1.38 8.26% |
BTC Digital financial indicator trend analysis is way more than just evaluating BTC Digital prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BTC Digital is a good investment. Please check the relationship between BTC Digital Common Stock and its Capital Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BTC Digital. 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.
For more information on how to buy BTC Stock please use our
How to Invest in BTC Digital guide.
Common Stock vs Capital Stock
Common Stock vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BTC Digital Common Stock account and
Capital Stock. At this time, the significance of the direction appears to have totally related.
The correlation between BTC Digital's Common Stock and Capital Stock is 1.0. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Capital Stock in the same time period over historical financial statements of BTC Digital, assuming nothing else is changed. The correlation between historical values of BTC Digital's Common Stock and 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 Common Stock of BTC Digital are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Common Stock i.e., BTC Digital's Common Stock and Capital Stock go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from BTC Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BTC Digital 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 BTC Digital. 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.
For more information on how to buy BTC Stock please use our
How to Invest in BTC Digital guide.At this time, BTC Digital's
Tax Provision is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 38.9
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
BTC Digital fundamental ratios Correlations
Click cells to compare fundamentals
BTC Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BTC Digital fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for BTC Stock Analysis
When running BTC Digital's price analysis, check to
measure BTC Digital'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 BTC Digital is operating at the current time. Most of BTC Digital's value examination focuses on studying past and present price action to
predict the probability of BTC Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTC Digital's price. Additionally, you may evaluate how the addition of BTC Digital to your portfolios can decrease your overall portfolio volatility.