BTT Stock | | | USD 20.86 0.11 0.52% |
Blackrock Municipal financial indicator trend analysis is way more than just evaluating Blackrock Municipal prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Municipal is a good investment. Please check the relationship between Blackrock Municipal Total Assets and its Net Invested Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Municipal Target. 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.
Total Assets vs Net Invested Capital
Total Assets vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blackrock Municipal Total Assets account and
Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blackrock Municipal's Total Assets and Net Invested Capital is -0.37. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of Blackrock Municipal Target, assuming nothing else is changed. The correlation between historical values of Blackrock Municipal's Total Assets and Net Invested Capital 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 Assets of Blackrock Municipal Target are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Assets i.e., Blackrock Municipal's Total Assets and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Blackrock Municipal assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Blackrock Municipal books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Most indicators from Blackrock Municipal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Municipal 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 Blackrock Municipal Target. 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.
At this time, Blackrock Municipal's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, despite the fact that
Enterprise Value Over EBITDA is likely to grow to (2.2
K).
Blackrock Municipal fundamental ratios Correlations
Click cells to compare fundamentals
Blackrock Municipal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blackrock Municipal 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 Blackrock Stock Analysis
When running Blackrock Municipal's price analysis, check to
measure Blackrock Municipal'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 Blackrock Municipal is operating at the current time. Most of Blackrock Municipal's value examination focuses on studying past and present price action to
predict the probability of Blackrock Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Municipal's price. Additionally, you may evaluate how the addition of Blackrock Municipal to your portfolios can decrease your overall portfolio volatility.