BERY Stock | | | USD 69.44 0.23 0.33% |
Berry Global financial indicator trend analysis is way more than just evaluating Berry Global Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Berry Global Group is a good investment. Please check the relationship between Berry Global Operating Cash Flow Per Share and its Ptb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Operating Cash Flow Per Share vs Ptb Ratio
Operating Cash Flow Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Berry Global Group Operating Cash Flow Per Share account and
Ptb Ratio. At this time, the significance of the direction appears to have pay attention.
The correlation between Berry Global's Operating Cash Flow Per Share and Ptb Ratio is -0.99. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Berry Global Group, assuming nothing else is changed. The correlation between historical values of Berry Global's Operating Cash Flow Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Berry Global Group are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Operating Cash Flow Per Share i.e., Berry Global's Operating Cash Flow Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from Berry Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Berry Global Group 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 Berry Global Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Tax Provision is likely to rise to about 110.7
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 606.6
M in 2024.
Berry Global fundamental ratios Correlations
Click cells to compare fundamentals
Berry Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Berry Global fundamental ratios Accounts
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Additional Tools for Berry Stock Analysis
When running Berry Global's price analysis, check to
measure Berry Global'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 Berry Global is operating at the current time. Most of Berry Global's value examination focuses on studying past and present price action to
predict the probability of Berry Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Global's price. Additionally, you may evaluate how the addition of Berry Global to your portfolios can decrease your overall portfolio volatility.