BOLT Stock | | | USD 0.57 0 0.18% |
Bolt Biotherapeutics financial indicator trend analysis is way more than just evaluating Bolt Biotherapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bolt Biotherapeutics is a good investment. Please check the relationship between Bolt Biotherapeutics Net Borrowings and its Other Non Cash Items accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bolt Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Bolt Stock please use our
How to Invest in Bolt Biotherapeutics guide.
Net Borrowings vs Other Non Cash Items
Net Borrowings vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bolt Biotherapeutics Net Borrowings account and
Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bolt Biotherapeutics' Net Borrowings and Other Non Cash Items is -0.57. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Bolt Biotherapeutics, assuming nothing else is changed. The correlation between historical values of Bolt Biotherapeutics' Net Borrowings and Other Non Cash Items 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 Borrowings of Bolt Biotherapeutics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Net Borrowings i.e., Bolt Biotherapeutics' Net Borrowings and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Other Non Cash Items
Most indicators from Bolt Biotherapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bolt Biotherapeutics 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 Bolt Biotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Bolt Stock please use our
How to Invest in Bolt Biotherapeutics guide.
Selling General Administrative is likely to drop to about 14.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 276.4
K in 2024
Bolt Biotherapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Bolt Biotherapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bolt Biotherapeutics fundamental ratios Accounts
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Additional Tools for Bolt Stock Analysis
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measure Bolt Biotherapeutics' 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 Bolt Biotherapeutics is operating at the current time. Most of Bolt Biotherapeutics' value examination focuses on studying past and present price action to
predict the probability of Bolt Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bolt Biotherapeutics' price. Additionally, you may evaluate how the addition of Bolt Biotherapeutics to your portfolios can decrease your overall portfolio volatility.