BH-A Stock | | | USD 1,268 62.32 4.68% |
Biglari Holdings financial indicator trend analysis is way more than just evaluating Biglari Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Biglari Holdings is a good investment. Please check the relationship between Biglari Holdings Days Sales Outstanding and its Ptb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Biglari Holdings. 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.
For information on how to trade Biglari Stock refer to our
How to Trade Biglari Stock guide.
Days Sales Outstanding vs Ptb Ratio
Days Sales Outstanding vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Biglari Holdings Days Sales Outstanding account and
Ptb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Biglari Holdings' Days Sales Outstanding and Ptb Ratio is -0.36. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of Biglari Holdings, assuming nothing else is changed. The correlation between historical values of Biglari Holdings' Days Sales Outstanding 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 Days Sales Outstanding of Biglari Holdings 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 Days Sales Outstanding i.e., Biglari Holdings' Days Sales Outstanding and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Sales Outstanding
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 Biglari Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Biglari Holdings 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 Biglari Holdings. 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.
For information on how to trade Biglari Stock refer to our
How to Trade Biglari Stock guide.At present, Biglari Holdings'
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 6.1
M, whereas
Sales General And Administrative To Revenue is forecasted to decline to 0.11.
Biglari Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Biglari Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Biglari Holdings fundamental ratios Accounts
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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.
When determining whether Biglari Holdings
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biglari Holdings'
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biglari Holdings Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Biglari Holdings Stock: Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Biglari Holdings. 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.
For information on how to trade Biglari Stock refer to our
How to Trade Biglari Stock guide.
You can also try the
Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between Biglari Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Biglari Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biglari Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.