BWLP Total Liab vs Property Plant And Equipment Net Analysis
BWLP Stock | 13.56 0.01 0.07% |
BW LPG financial indicator trend analysis is way more than just evaluating BW LPG Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BW LPG Limited is a good investment. Please check the relationship between BW LPG Total Liab and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BW LPG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Total Liab vs Property Plant And Equipment Net
Total Liab vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BW LPG Limited Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BW LPG's Total Liab and Property Plant And Equipment Net is 0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of BW LPG Limited, assuming nothing else is changed. The correlation between historical values of BW LPG's Total Liab and Property Plant And Equipment Net 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 Liab of BW LPG Limited are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., BW LPG's Total Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from BW LPG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BW LPG Limited 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 BW LPG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, BW LPG's Tax Provision is relatively stable compared to the past year. As of 11/23/2024, Selling General Administrative is likely to grow to about 59.6 M, while Sales General And Administrative To Revenue is likely to drop 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 150.2M | 156.4M | 226.1M | 192.6M | Interest Income | 4.5M | 2.5M | 10.4M | 6.4M |
BW LPG fundamental ratios Correlations
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BW LPG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with BW LPG
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 BW LPG 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 BW LPG will appreciate offsetting losses from the drop in the long position's value.Moving together with BWLP Stock
0.82 | SB | Safe Bulkers Potential Growth | PairCorr |
Moving against BWLP Stock
The ability to find closely correlated positions to BW LPG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BW LPG 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 BW LPG - 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 BW LPG Limited to buy it.
The correlation of BW LPG 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 BW LPG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BW LPG Limited 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 BW LPG 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 BWLP Stock Analysis
When running BW LPG's price analysis, check to measure BW LPG'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 BW LPG is operating at the current time. Most of BW LPG's value examination focuses on studying past and present price action to predict the probability of BW LPG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BW LPG's price. Additionally, you may evaluate how the addition of BW LPG to your portfolios can decrease your overall portfolio volatility.