BitFuFu Research Development vs Tax Provision Analysis

FUFUW Stock   0.45  0.05  12.50%   
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 Research Development and its Tax Provision 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.

Research Development vs Tax Provision

Research Development vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BitFuFu Warrant Research Development account and Tax Provision. At this time, the significance of the direction appears to have no relationship.
The correlation between BitFuFu Warrant's Research Development and Tax Provision is 0.08. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Tax Provision 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 Research Development and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of BitFuFu Warrant are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Research Development i.e., BitFuFu Warrant's Research Development and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Research Development

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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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