Better Good Will vs Cash Analysis

BETRW Stock   0.08  0.01  13.96%   
Better Home financial indicator trend analysis is way more than just evaluating Better Home Finance prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Better Home Finance is a good investment. Please check the relationship between Better Home Good Will and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Better Home Finance. 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.

Good Will vs Cash

Good Will vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Home Finance Good Will account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Better Home's Good Will and Cash is -0.92. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Better Home Finance, assuming nothing else is changed. The correlation between historical values of Better Home's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Better Home Finance are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Better Home's Good Will and Cash go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Cash

Cash refers to the most liquid asset of Better Home Finance, which is listed under current asset account on Better Home Finance balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Better Home customers. The amounts must be unrestricted with restricted cash listed in a different Better Home account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Better Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Better Home Finance 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 Better Home Finance. 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.
At this time, Better Home's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 1.10 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 9 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses1.4B967.2M379.8M747.1M
Depreciation And Amortization8.1M8.6M42.9M45.0M

Better Home fundamental ratios Correlations

0.96-0.170.980.970.970.970.030.950.94-0.690.080.941.0-0.76-0.81-0.370.750.121.00.991.0-0.69-0.180.020.27
0.96-0.010.970.90.950.97-0.231.00.99-0.840.260.980.96-0.9-0.93-0.20.90.340.970.980.95-0.860.010.240.02
-0.17-0.010.0-0.40.060.07-0.330.01-0.09-0.020.96-0.1-0.16-0.23-0.31-0.180.240.01-0.09-0.14-0.19-0.21-0.120.53-0.24
0.980.970.00.910.991.0-0.020.960.94-0.70.250.930.99-0.81-0.86-0.420.80.110.990.980.98-0.73-0.230.110.24
0.970.9-0.40.910.880.890.090.880.9-0.65-0.150.90.97-0.66-0.68-0.290.650.120.950.960.97-0.6-0.13-0.10.3
0.970.950.060.990.880.990.040.940.9-0.640.30.890.97-0.77-0.86-0.490.760.040.980.950.96-0.69-0.30.10.3
0.970.970.071.00.890.99-0.080.970.94-0.730.320.940.97-0.84-0.89-0.40.840.150.990.970.97-0.77-0.190.160.19
0.03-0.23-0.33-0.020.090.04-0.08-0.28-0.30.7-0.42-0.310.030.60.45-0.77-0.61-0.940.0-0.10.060.7-0.87-0.720.96
0.951.00.010.960.880.940.97-0.280.99-0.870.280.990.94-0.92-0.94-0.160.920.380.960.980.94-0.880.050.27-0.03
0.940.99-0.090.940.90.90.94-0.30.99-0.890.181.00.94-0.92-0.9-0.080.910.440.940.980.93-0.880.120.24-0.06
-0.69-0.84-0.02-0.7-0.65-0.64-0.730.7-0.87-0.89-0.27-0.9-0.690.960.87-0.34-0.96-0.79-0.7-0.78-0.670.98-0.53-0.50.51
0.080.260.960.25-0.150.30.32-0.420.280.18-0.270.180.1-0.48-0.55-0.190.490.140.170.130.07-0.45-0.070.59-0.27
0.940.98-0.10.930.90.890.94-0.310.991.0-0.90.180.94-0.92-0.9-0.070.910.450.940.980.93-0.890.140.25-0.08
1.00.96-0.160.990.970.970.970.030.940.94-0.690.10.94-0.76-0.8-0.390.750.111.00.991.0-0.69-0.20.020.28
-0.76-0.9-0.23-0.81-0.66-0.77-0.840.6-0.92-0.920.96-0.48-0.92-0.760.96-0.1-1.0-0.63-0.78-0.83-0.740.99-0.32-0.520.37
-0.81-0.93-0.31-0.86-0.68-0.86-0.890.45-0.94-0.90.87-0.55-0.9-0.80.960.09-0.95-0.46-0.85-0.86-0.790.93-0.12-0.470.2
-0.37-0.2-0.18-0.42-0.29-0.49-0.4-0.77-0.16-0.08-0.34-0.19-0.07-0.39-0.10.090.110.83-0.39-0.27-0.39-0.240.980.38-0.89
0.750.90.240.80.650.760.84-0.610.920.91-0.960.490.910.75-1.0-0.950.110.640.780.830.73-0.990.320.53-0.38
0.120.340.010.110.120.040.15-0.940.380.44-0.790.140.450.11-0.63-0.460.830.640.120.250.1-0.730.930.59-0.91
1.00.97-0.090.990.950.980.990.00.960.94-0.70.170.941.0-0.78-0.85-0.390.780.120.990.99-0.71-0.20.070.25
0.990.98-0.140.980.960.950.97-0.10.980.98-0.780.130.980.99-0.83-0.86-0.270.830.250.990.99-0.78-0.070.110.14
1.00.95-0.190.980.970.960.970.060.940.93-0.670.070.931.0-0.74-0.79-0.390.730.10.990.99-0.67-0.210.00.3
-0.69-0.86-0.21-0.73-0.6-0.69-0.770.7-0.88-0.880.98-0.45-0.89-0.690.990.93-0.24-0.99-0.73-0.71-0.78-0.67-0.44-0.560.49
-0.180.01-0.12-0.23-0.13-0.3-0.19-0.870.050.12-0.53-0.070.14-0.2-0.32-0.120.980.320.93-0.2-0.07-0.21-0.440.47-0.93
0.020.240.530.11-0.10.10.16-0.720.270.24-0.50.590.250.02-0.52-0.470.380.530.590.070.110.0-0.560.47-0.64
0.270.02-0.240.240.30.30.190.96-0.03-0.060.51-0.27-0.080.280.370.2-0.89-0.38-0.910.250.140.30.49-0.93-0.64
Click cells to compare fundamentals

Better Home Account Relationship Matchups

Also Currently Popular

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.

Additional Tools for Better Stock Analysis

When running Better Home's price analysis, check to measure Better Home'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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.