BAX Stock | | | USD 33.13 0.42 1.25% |
Baxter International financial indicator trend analysis is way more than just evaluating Baxter International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baxter International is a good investment. Please check the relationship between Baxter International Stock Based Compensation and its Change In Working Capital accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baxter International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Baxter Stock please use our
How to Invest in Baxter International guide.
Stock Based Compensation vs Change In Working Capital
Stock Based Compensation vs Change In Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baxter International Stock Based Compensation account and
Change In Working Capital. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Baxter International's Stock Based Compensation and Change In Working Capital is -0.58. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Baxter International, assuming nothing else is changed. The correlation between historical values of Baxter International's Stock Based Compensation and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Baxter International are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Stock Based Compensation i.e., Baxter International's Stock Based Compensation and Change In Working Capital go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Change In Working Capital
The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.
Most indicators from Baxter International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baxter International 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 Baxter International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
For more information on how to buy Baxter Stock please use our
How to Invest in Baxter International guide.At this time, Baxter International's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 19.23 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.4
B in 2024.
Baxter International fundamental ratios Correlations
Click cells to compare fundamentals
Baxter International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baxter International fundamental ratios Accounts
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 Baxter Stock Analysis
When running Baxter International's price analysis, check to
measure Baxter International'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 Baxter International is operating at the current time. Most of Baxter International's value examination focuses on studying past and present price action to
predict the probability of Baxter International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baxter International's price. Additionally, you may evaluate how the addition of Baxter International to your portfolios can decrease your overall portfolio volatility.