BLM Stock | | | CAD 0.97 0.05 5.43% |
BluMetric Environmental financial indicator trend analysis is way more than just evaluating BluMetric Environmental prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BluMetric Environmental is a good investment. Please check the relationship between BluMetric Environmental Other Current Liab and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BluMetric Environmental. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BluMetric Environmental Other Current Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between BluMetric Environmental's Other Current Liab and Other Stockholder Equity is -0.02. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of BluMetric Environmental, assuming nothing else is changed. The correlation between historical values of BluMetric Environmental's Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of BluMetric Environmental are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., BluMetric Environmental's Other Current Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Most indicators from BluMetric Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BluMetric Environmental 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 BluMetric Environmental. 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.
At this time, BluMetric Environmental's
Selling General Administrative is fairly stable compared to the past year.
Tax Provision is likely to climb to about 250
K in 2025, despite the fact that
Enterprise Value Over EBITDA is likely to grow to
(4.38).
When running BluMetric Environmental's price analysis, check to
measure BluMetric Environmental'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 BluMetric Environmental is operating at the current time. Most of BluMetric Environmental's value examination focuses on studying past and present price action to
predict the probability of BluMetric Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BluMetric Environmental's price. Additionally, you may evaluate how the addition of BluMetric Environmental to your portfolios can decrease your overall portfolio volatility.