| BC8 Stock | | | 0.62 0.04 6.90% |
Black Cat financial indicator trend analysis is way more than just evaluating Black Cat Syndicate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Black Cat Syndicate is a good investment. Please check the relationship between Black Cat Net Receivables and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Cat Syndicate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Receivables vs Non Current Assets Total
Net Receivables vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Black Cat Syndicate Net Receivables account and
Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Black Cat's Net Receivables and Non Current Assets Total is 0.86. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Black Cat Syndicate, assuming nothing else is changed. The correlation between historical values of Black Cat's Net Receivables and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Black Cat Syndicate are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Receivables i.e., Black Cat's Net Receivables and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.86 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Net Receivables
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Black Cat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Black Cat Syndicate 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 Black Cat Syndicate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 2.3
M in 2024.
Issuance Of Capital Stock is likely to drop to about 20.5
M in 2024
Black Cat fundamental ratios Correlations
Click cells to compare fundamentals
Black Cat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Black Cat fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Black Stock Analysis
When running Black Cat's price analysis, check to
measure Black Cat'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 Black Cat is operating at the current time. Most of Black Cat's value examination focuses on studying past and present price action to
predict the probability of Black Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Cat's price. Additionally, you may evaluate how the addition of Black Cat to your portfolios can decrease your overall portfolio volatility.