BBAI Pb Ratio vs Capex To Depreciation Analysis
| BBAI-WT Stock | 1.00 0.05 4.76% |
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 Capex To Depreciation 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 Capex To Depreciation
Pb Ratio vs Capex To Depreciation 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 Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BBAI WT's Pb Ratio and Capex To Depreciation is 0.92. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Depreciation 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 Capex To Depreciation 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 Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Pb Ratio i.e., BBAI WT's Pb Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Pb Ratio
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Thematic Opportunities
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