Bitdeer Total Stockholder Equity vs Long Term Debt Analysis
| BTDR Stock | 14.27 2.04 16.68% |
Bitdeer Technologies financial indicator trend analysis is way more than just evaluating Bitdeer Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bitdeer Technologies is a good investment. Please check the relationship between Bitdeer Technologies Total Stockholder Equity and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bitdeer Technologies Group. 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.
Total Stockholder Equity vs Long Term Debt
Total Stockholder Equity vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bitdeer Technologies Total Stockholder Equity account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bitdeer Technologies' Total Stockholder Equity and Long Term Debt is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Bitdeer Technologies Group, assuming nothing else is changed. The correlation between historical values of Bitdeer Technologies' Total Stockholder Equity and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Bitdeer Technologies Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Stockholder Equity i.e., Bitdeer Technologies' Total Stockholder Equity and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Long Term Debt
Long-term debt is a debt that Bitdeer Technologies has held for over one year. Long-term debt appears on Bitdeer Technologies Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bitdeer Technologies Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Bitdeer Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bitdeer Technologies 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 Bitdeer Technologies Group. 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, Bitdeer Technologies' Tax Provision is relatively stable compared to the past year. As of 11/30/2024, Issuance Of Capital Stock is likely to grow to about 10 M, while Sales General And Administrative To Revenue is likely to drop 0.14.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 63.1M | 65.2M | 72.9M | 79.4M | Interest Income | 2.9M | 4.3M | 8.0M | 8.4M |
Bitdeer Technologies fundamental ratios Correlations
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Bitdeer Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Bitdeer Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bitdeer Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bitdeer Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Bitdeer Stock
| 0.84 | DJCO | Daily Journal Corp | PairCorr |
| 0.87 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
| 0.85 | BL | Blackline | PairCorr |
Moving against Bitdeer Stock
The ability to find closely correlated positions to Bitdeer Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bitdeer Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bitdeer Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bitdeer Technologies Group to buy it.
The correlation of Bitdeer Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bitdeer Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bitdeer Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bitdeer Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Bitdeer Stock Analysis
When running Bitdeer Technologies' price analysis, check to measure Bitdeer Technologies' 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 Bitdeer Technologies is operating at the current time. Most of Bitdeer Technologies' value examination focuses on studying past and present price action to predict the probability of Bitdeer Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitdeer Technologies' price. Additionally, you may evaluate how the addition of Bitdeer Technologies to your portfolios can decrease your overall portfolio volatility.