BRK-B Stock | | | USD 453.20 3.86 0.86% |
Berkshire Hathaway financial indicator trend analysis is way more than just evaluating Berkshire Hathaway prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berkshire Hathaway is a good investment. Please check the relationship between Berkshire Hathaway Change In Cash and its Sale Purchase Of Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berkshire Hathaway Change In Cash account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Berkshire Hathaway's Change In Cash and Sale Purchase Of Stock is -0.13. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Berkshire Hathaway, assuming nothing else is changed. The correlation between historical values of Berkshire Hathaway's Change In Cash and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Berkshire Hathaway are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Change In Cash i.e., Berkshire Hathaway's Change In Cash and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from Berkshire Hathaway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berkshire Hathaway 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 Berkshire Hathaway. 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.
At present, Berkshire Hathaway's
Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value is expected to grow to about 908.7
B, whereas
Selling General Administrative is forecasted to decline to about 5.2
B.
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.
Balance Sheet is a snapshot of the
financial position of Berkshire Hathaway at a specified time, usually calculated after every quarter, six months, or one year. Berkshire Hathaway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Berkshire Hathaway and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Berkshire currently owns. An asset can also be divided into two categories, current and non-current.