Bakkt Days Sales Outstanding vs Book Value Per Share Analysis
| BKKT-WT Stock | 0.40 0.02 4.76% |
Bakkt Holdings financial indicator trend analysis is way more than just evaluating Bakkt Holdings Warrant prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakkt Holdings Warrant is a good investment. Please check the relationship between Bakkt Holdings Days Sales Outstanding and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings Warrant. 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 more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.
Days Sales Outstanding vs Book Value Per Share
Days Sales Outstanding vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Warrant Days Sales Outstanding account and Book Value Per Share. At this time, the significance of the direction appears to have no relationship.
The correlation between Bakkt Holdings' Days Sales Outstanding and Book Value Per Share is 0.0. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Bakkt Holdings Warrant, assuming nothing else is changed. The correlation between historical values of Bakkt Holdings' Days Sales Outstanding 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 Days Sales Outstanding of Bakkt Holdings Warrant 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 Days Sales Outstanding i.e., Bakkt Holdings' Days Sales Outstanding and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | 0.0 |
| Relationship Direction | Flat |
| Relationship Strength | Insignificant |
Days Sales Outstanding
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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