BW Stock | | | USD 1.89 0.08 4.06% |
Babcock Wilcox financial indicator trend analysis is way more than just evaluating Babcock Wilcox Enter prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Babcock Wilcox Enter is a good investment. Please check the relationship between Babcock Wilcox Cost Of Revenue and its Reconciled Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Cost Of Revenue vs Reconciled Depreciation
Cost Of Revenue vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Babcock Wilcox Enter Cost Of Revenue account and
Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Babcock Wilcox's Cost Of Revenue and Reconciled Depreciation is 0.97. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Babcock Wilcox Enterprises, assuming nothing else is changed. The correlation between historical values of Babcock Wilcox's Cost Of Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Babcock Wilcox Enterprises are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Cost Of Revenue i.e., Babcock Wilcox's Cost Of Revenue and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Babcock Wilcox Enter income statement and represents the costs associated with goods and services Babcock Wilcox provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Reconciled Depreciation
Most indicators from Babcock Wilcox's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Babcock Wilcox Enter 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 Babcock Wilcox Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Babcock Wilcox's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to climb to about 12.5
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
Babcock Wilcox fundamental ratios Correlations
Click cells to compare fundamentals
Babcock Wilcox Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Babcock Wilcox fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Babcock Stock Analysis
When running Babcock Wilcox's price analysis, check to
measure Babcock Wilcox'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 Babcock Wilcox is operating at the current time. Most of Babcock Wilcox's value examination focuses on studying past and present price action to
predict the probability of Babcock Wilcox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Babcock Wilcox's price. Additionally, you may evaluate how the addition of Babcock Wilcox to your portfolios can decrease your overall portfolio volatility.