Bluejay Return On Equity from 2010 to 2024

BJDX Stock  USD 3.48  0.14  3.87%   
Bluejay Diagnostics Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Bluejay Diagnostics in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(3.44)
Current Value
(3.27)
Quarterly Volatility
1.26397218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bluejay Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bluejay Diagnostics' main balance sheet or income statement drivers, such as Net Interest Income of 173.1 K, Depreciation And Amortization of 820 K or Interest Expense of 22.8 K, as well as many indicators such as Price To Sales Ratio of 1.2 K, Dividend Yield of 0.0 or PTB Ratio of 24.26. Bluejay financial statements analysis is a perfect complement when working with Bluejay Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Bluejay Diagnostics Correlation against competitors.
For more information on how to buy Bluejay Stock please use our How to Invest in Bluejay Diagnostics guide.

Latest Bluejay Diagnostics' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Bluejay Diagnostics over the last few years. Return on Equity is the amount of Bluejay Diagnostics net income returned as a percentage of Bluejay Diagnostics equity. Return on equity measures Bluejay Diagnostics profitability by revealing how much profit Bluejay Diagnostics generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Bluejay Diagnostics' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bluejay Diagnostics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.2510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Bluejay Return On Equity Regression Statistics

Arithmetic Mean(0.32)
Geometric Mean0.38
Coefficient Of Variation(391.77)
Mean Deviation0.87
Median0.26
Standard Deviation1.26
Sample Variance1.60
Range3.7061
R-Value(0.68)
Mean Square Error0.92
R-Squared0.46
Significance0.01
Slope(0.19)
Total Sum of Squares22.37

Bluejay Return On Equity History

2024 -3.27
2023 -3.44
2022 -0.8
2021 -0.18
2020 0.27

About Bluejay Diagnostics Financial Statements

Bluejay Diagnostics investors use historical fundamental indicators, such as Bluejay Diagnostics' Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Bluejay Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity(3.44)(3.27)

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 Bluejay Stock Analysis

When running Bluejay Diagnostics' price analysis, check to measure Bluejay Diagnostics' 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 Bluejay Diagnostics is operating at the current time. Most of Bluejay Diagnostics' value examination focuses on studying past and present price action to predict the probability of Bluejay Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluejay Diagnostics' price. Additionally, you may evaluate how the addition of Bluejay Diagnostics to your portfolios can decrease your overall portfolio volatility.