BBAI Pb Ratio vs Book Value Per Share Analysis
BBAI-WT Stock | 1.45 0.08 5.84% |
BBAI WT financial indicator trend analysis is way more than just evaluating BBAI WT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BBAI WT is a good investment. Please check the relationship between BBAI WT Pb Ratio and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BBAI WT. 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.
Pb Ratio vs Book Value Per Share
Pb Ratio vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BBAI WT Pb Ratio account and Book Value Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BBAI WT's Pb Ratio and Book Value Per Share is -0.01. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of BBAI WT, assuming nothing else is changed. The correlation between historical values of BBAI WT's Pb Ratio and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of BBAI WT are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Pb Ratio i.e., BBAI WT's Pb Ratio and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Pb Ratio
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Thematic Opportunities
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When running BBAI WT's price analysis, check to measure BBAI WT'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 BBAI WT is operating at the current time. Most of BBAI WT's value examination focuses on studying past and present price action to predict the probability of BBAI WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBAI WT's price. Additionally, you may evaluate how the addition of BBAI WT to your portfolios can decrease your overall portfolio volatility.