BDSX Stock | | | USD 1.44 0.01 0.70% |
Biodesix financial indicator trend analysis is way more than just evaluating Biodesix prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biodesix is a good investment. Please check the relationship between Biodesix Ebit Per Revenue and its Capex To Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Biodesix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Biodesix Stock please use our
How to Invest in Biodesix guide.
Ebit Per Revenue vs Capex To Revenue
Ebit Per Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Biodesix Ebit Per Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Biodesix's Ebit Per Revenue and Capex To Revenue is 0.32. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Biodesix, assuming nothing else is changed. The correlation between historical values of Biodesix's Ebit Per Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Biodesix are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Ebit Per Revenue i.e., Biodesix's Ebit Per Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit Per Revenue
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Biodesix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biodesix 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 Biodesix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
For more information on how to buy Biodesix Stock please use our
How to Invest in Biodesix guide.
Selling General Administrative is likely to drop to about 49.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 41
M in 2024
Biodesix fundamental ratios Correlations
Click cells to compare fundamentals
Biodesix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biodesix fundamental ratios Accounts
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Additional Tools for Biodesix Stock Analysis
When running Biodesix's price analysis, check to
measure Biodesix'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 Biodesix is operating at the current time. Most of Biodesix's value examination focuses on studying past and present price action to
predict the probability of Biodesix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biodesix's price. Additionally, you may evaluate how the addition of Biodesix to your portfolios can decrease your overall portfolio volatility.