BitFuFu Average Inventory vs Ptb Ratio Analysis

FUFUW Stock   0.43  0.01  2.38%   
BitFuFu Warrant financial indicator trend analysis is way more than just evaluating BitFuFu Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BitFuFu Warrant is a good investment. Please check the relationship between BitFuFu Warrant Average Inventory and its Ptb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.

Average Inventory vs Ptb Ratio

Average Inventory vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Average Inventory account and Ptb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BitFuFu Warrant's Average Inventory and Ptb Ratio is -0.17. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of BitFuFu Warrant, assuming nothing else is changed. The correlation between historical values of BitFuFu Warrant's Average Inventory and Ptb 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 Average Inventory of BitFuFu Warrant are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Average Inventory i.e., BitFuFu Warrant's Average Inventory and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from BitFuFu Warrant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BitFuFu Warrant 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BitFuFu Warrant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy BitFuFu Stock please use our How to Invest in BitFuFu Warrant guide.Tax Provision is likely to climb to about 2.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit9.0M36.2M12.7M16.0M
Total Revenue103.0M198.2M284.1M161.3M

BitFuFu Warrant fundamental ratios Correlations

0.330.11.00.180.36-0.120.560.380.950.630.660.440.910.540.840.860.39-0.970.450.9-0.540.44
0.33-0.780.37-0.45-0.75-0.18-0.58-0.480.54-0.47-0.48-0.69-0.02-0.610.78-0.18-0.73-0.54-0.68-0.11-0.97-0.66
0.1-0.780.050.060.89-0.380.710.25-0.150.830.640.860.380.77-0.420.540.880.120.860.480.720.81
1.00.370.050.180.32-0.10.520.370.970.590.630.410.890.510.860.850.35-0.980.420.88-0.570.4
0.18-0.450.060.180.470.870.590.950.120.260.610.460.330.55-0.070.380.47-0.090.470.360.260.46
0.36-0.750.890.320.47-0.010.940.650.130.930.911.00.630.97-0.20.781.0-0.140.990.730.60.94
-0.12-0.18-0.38-0.10.87-0.010.110.69-0.05-0.250.15-0.03-0.080.06-0.09-0.08-0.020.1-0.03-0.080.07-0.03
0.56-0.580.710.520.590.940.110.790.320.910.960.950.820.970.030.870.94-0.350.950.840.370.98
0.38-0.480.250.370.950.650.690.790.260.50.790.650.580.740.030.610.65-0.250.660.590.260.69
0.950.54-0.150.970.120.13-0.050.320.260.420.480.220.740.330.940.720.16-0.990.230.76-0.720.17
0.63-0.470.830.590.260.93-0.250.910.50.420.920.950.80.950.120.920.94-0.440.950.890.30.9
0.66-0.480.640.630.610.910.150.960.790.480.920.940.830.980.160.930.92-0.480.940.910.260.89
0.44-0.690.860.410.461.0-0.030.950.650.220.950.940.690.99-0.110.831.0-0.231.00.790.520.95
0.91-0.020.380.890.330.63-0.080.820.580.740.80.830.690.760.570.940.65-0.790.70.95-0.20.76
0.54-0.610.770.510.550.970.060.970.740.330.950.980.990.760.00.890.98-0.330.990.850.420.94
0.840.78-0.420.86-0.07-0.2-0.090.030.030.940.120.16-0.110.570.00.46-0.17-0.94-0.10.52-0.91-0.1
0.86-0.180.540.850.380.78-0.080.870.610.720.920.930.830.940.890.460.8-0.730.841.0-0.040.79
0.39-0.730.880.350.471.0-0.020.940.650.160.940.921.00.650.98-0.170.8-0.171.00.750.570.94
-0.97-0.540.12-0.98-0.09-0.140.1-0.35-0.25-0.99-0.44-0.48-0.23-0.79-0.33-0.94-0.73-0.17-0.24-0.780.72-0.22
0.45-0.680.860.420.470.99-0.030.950.660.230.950.941.00.70.99-0.10.841.0-0.240.790.510.95
0.9-0.110.480.880.360.73-0.080.840.590.760.890.910.790.950.850.521.00.75-0.780.79-0.120.76
-0.54-0.970.72-0.570.260.60.070.370.26-0.720.30.260.52-0.20.42-0.91-0.040.570.720.51-0.120.49
0.44-0.660.810.40.460.94-0.030.980.690.170.90.890.950.760.94-0.10.790.94-0.220.950.760.49
Click cells to compare fundamentals

BitFuFu Warrant Account Relationship Matchups

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