BSA Stock | | | 0.98 0.01 1.01% |
BSA financial indicator trend analysis is way more than just evaluating BSA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BSA is a good investment. Please check the relationship between BSA Tax Provision and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BSA. 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.
Tax Provision vs Ebitda
Tax Provision vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BSA Tax Provision account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BSA's Tax Provision and Ebitda is 0.82. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Ebitda in the same time period over historical financial statements of BSA, assuming nothing else is changed. The correlation between historical values of BSA's Tax Provision and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tax Provision of BSA are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Tax Provision i.e., BSA's Tax Provision and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Ebitda
Most indicators from BSA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BSA 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 BSA. 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 this time, BSA's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 15.5
M in 2024, despite the fact that Tax Provision is likely to grow to (1.8
M).
BSA fundamental ratios Correlations
Click cells to compare fundamentals
BSA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BSA 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 BSA Stock Analysis
When running BSA's price analysis, check to
measure BSA'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 BSA is operating at the current time. Most of BSA's value examination focuses on studying past and present price action to
predict the probability of BSA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BSA's price. Additionally, you may evaluate how the addition of BSA to your portfolios can decrease your overall portfolio volatility.