BWLK Stock | | | CAD 0.14 0.01 6.67% |
Boardwalktech Software financial indicator trend analysis is way more than just evaluating Boardwalktech Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalktech Software is a good investment. Please check the relationship between Boardwalktech Software Book Value Per Share and its Pb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalktech Software Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Book Value Per Share vs Pb Ratio
Book Value Per Share vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Boardwalktech Software Book Value Per Share account and
Pb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Boardwalktech Software's Book Value Per Share and Pb Ratio is 0.26. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Boardwalktech Software Corp, assuming nothing else is changed. The correlation between historical values of Boardwalktech Software's Book Value Per Share and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Boardwalktech Software Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Book Value Per Share i.e., Boardwalktech Software's Book Value Per Share and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.26 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Pb Ratio
Most indicators from Boardwalktech Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalktech Software 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 Boardwalktech Software Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
At this time, Boardwalktech Software's
Issuance Of Capital Stock is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 1.64 in 2024, whereas
Tax Provision is likely to drop slightly above 19.3
K in 2024.
Boardwalktech Software fundamental ratios Correlations
Click cells to compare fundamentals
Boardwalktech Software Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalktech Software fundamental ratios Accounts
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Additional Tools for Boardwalktech Stock Analysis
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measure Boardwalktech Software'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 Boardwalktech Software is operating at the current time. Most of Boardwalktech Software's value examination focuses on studying past and present price action to
predict the probability of Boardwalktech Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boardwalktech Software's price. Additionally, you may evaluate how the addition of Boardwalktech Software to your portfolios can decrease your overall portfolio volatility.