BTC Pb Ratio vs Pocfratio Analysis

BTCTW Stock   0.07  0.01  16.62%   
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 Pb Ratio and its Pocfratio 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 estimate.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Pb Ratio vs Pocfratio

Pb Ratio vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BTC Digital Pb Ratio account and Pocfratio. At this time, the significance of the direction appears to have no relationship.
The correlation between BTC Digital's Pb Ratio and Pocfratio is 0.04. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Pocfratio 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 Pb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of BTC Digital are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Pb Ratio i.e., BTC Digital's Pb Ratio and Pocfratio go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pb Ratio

Pocfratio

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 estimate.
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 Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 19.61 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.12 in 2024.
 2021 2023 2024 (projected)
Cost Of Revenue483.7M10.2M9.7M
Research Development18.4M21.2M20.1M

BTC Digital fundamental ratios Correlations

0.99-0.870.980.060.890.920.99-0.780.52-0.790.470.98-0.75-0.030.99-0.930.850.890.920.910.72-0.91-0.810.960.94
0.99-0.920.970.060.830.90.99-0.710.46-0.720.390.98-0.81-0.021.0-0.910.810.850.890.890.67-0.87-0.750.980.96
-0.87-0.92-0.89-0.27-0.55-0.69-0.90.55-0.130.55-0.25-0.90.90.18-0.920.81-0.73-0.75-0.79-0.65-0.570.770.59-0.96-0.96
0.980.97-0.890.210.830.820.99-0.840.35-0.850.571.0-0.78-0.250.98-0.980.930.950.970.80.81-0.96-0.870.980.97
0.060.06-0.270.21-0.04-0.110.14-0.39-0.4-0.370.570.22-0.15-0.710.11-0.340.440.380.35-0.250.54-0.36-0.380.190.23
0.890.83-0.550.83-0.040.940.85-0.840.78-0.850.620.84-0.420.110.83-0.840.790.830.840.930.73-0.84-0.850.730.68
0.920.9-0.690.82-0.110.940.88-0.670.8-0.680.370.85-0.560.30.89-0.780.680.730.760.990.57-0.76-0.690.790.74
0.990.99-0.90.990.140.850.88-0.80.42-0.80.51.0-0.79-0.131.0-0.950.880.910.940.860.75-0.93-0.830.980.97
-0.78-0.710.55-0.84-0.39-0.84-0.67-0.8-0.361.0-0.9-0.830.440.43-0.750.93-0.96-0.96-0.94-0.63-0.960.951.0-0.71-0.71
0.520.46-0.130.35-0.40.780.80.42-0.36-0.370.180.38-0.030.670.44-0.320.240.30.320.810.2-0.33-0.360.270.18
-0.79-0.720.55-0.85-0.37-0.85-0.68-0.81.0-0.37-0.89-0.840.450.42-0.760.93-0.97-0.96-0.95-0.64-0.960.961.0-0.72-0.72
0.470.39-0.250.570.570.620.370.5-0.90.18-0.890.56-0.07-0.590.43-0.720.820.80.750.310.94-0.77-0.870.40.42
0.980.98-0.91.00.220.840.851.0-0.830.38-0.840.56-0.78-0.20.99-0.970.920.940.960.820.8-0.95-0.860.980.97
-0.75-0.810.9-0.78-0.15-0.42-0.56-0.790.44-0.030.45-0.07-0.780.18-0.80.69-0.62-0.62-0.66-0.54-0.390.640.5-0.86-0.87
-0.03-0.020.18-0.25-0.710.110.3-0.130.430.670.42-0.59-0.20.18-0.070.36-0.49-0.43-0.380.34-0.570.390.42-0.19-0.28
0.991.0-0.920.980.110.830.891.0-0.750.44-0.760.430.99-0.8-0.07-0.930.850.880.910.870.7-0.9-0.780.980.96
-0.93-0.910.81-0.98-0.34-0.84-0.78-0.950.93-0.320.93-0.72-0.970.690.36-0.93-0.98-0.99-1.0-0.74-0.911.00.94-0.92-0.92
0.850.81-0.730.930.440.790.680.88-0.960.24-0.970.820.92-0.62-0.490.85-0.981.00.990.630.96-0.99-0.980.840.86
0.890.85-0.750.950.380.830.730.91-0.960.3-0.960.80.94-0.62-0.430.88-0.991.01.00.690.95-1.0-0.970.870.87
0.920.89-0.790.970.350.840.760.94-0.940.32-0.950.750.96-0.66-0.380.91-1.00.991.00.730.93-1.0-0.960.90.9
0.910.89-0.650.8-0.250.930.990.86-0.630.81-0.640.310.82-0.540.340.87-0.740.630.690.730.51-0.72-0.650.770.71
0.720.67-0.570.810.540.730.570.75-0.960.2-0.960.940.8-0.39-0.570.7-0.910.960.950.930.51-0.94-0.960.690.71
-0.91-0.870.77-0.96-0.36-0.84-0.76-0.930.95-0.330.96-0.77-0.950.640.39-0.91.0-0.99-1.0-1.0-0.72-0.940.97-0.88-0.89
-0.81-0.750.59-0.87-0.38-0.85-0.69-0.831.0-0.361.0-0.87-0.860.50.42-0.780.94-0.98-0.97-0.96-0.65-0.960.97-0.74-0.75
0.960.98-0.960.980.190.730.790.98-0.710.27-0.720.40.98-0.86-0.190.98-0.920.840.870.90.770.69-0.88-0.741.0
0.940.96-0.960.970.230.680.740.97-0.710.18-0.720.420.97-0.87-0.280.96-0.920.860.870.90.710.71-0.89-0.751.0
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BTC Digital Account Relationship Matchups

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