| BLFY Stock | | | USD 9.41 0.04 0.43% |
Blue Foundry financial indicator trend analysis is way more than just evaluating Blue Foundry Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Foundry Bancorp is a good investment. Please check the relationship between Blue Foundry Income Before Tax and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Foundry Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Income Before Tax vs Net Income From Continuing Ops
Income Before Tax vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Foundry Bancorp Income Before Tax account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Blue Foundry's Income Before Tax and Net Income From Continuing Ops is 0.96. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Blue Foundry Bancorp, assuming nothing else is changed. The correlation between historical values of Blue Foundry's Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Blue Foundry Bancorp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Blue Foundry's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Blue Foundry income statement and is an important metric when analyzing Blue Foundry Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Income From Continuing Ops
Most indicators from Blue Foundry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Foundry Bancorp 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 Blue Foundry Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, Blue Foundry's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 110.83 in 2025, whereas
Tax Provision is likely to drop slightly above 178.1
K in 2025.
Blue Foundry fundamental ratios Correlations
Click cells to compare fundamentals
Blue Foundry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Foundry fundamental ratios Accounts
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measure Blue Foundry'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 Blue Foundry is operating at the current time. Most of Blue Foundry's value examination focuses on studying past and present price action to
predict the probability of Blue Foundry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Foundry's price. Additionally, you may evaluate how the addition of Blue Foundry to your portfolios can decrease your overall portfolio volatility.