Blue Operating Income vs Net Interest Income Analysis
| BOCN Stock | USD 13.16 2.44 22.76% |
Blue Ocean financial indicator trend analysis is way more than just evaluating Blue Ocean Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Ocean Acquisition is a good investment. Please check the relationship between Blue Ocean Operating Income and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ocean Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Operating Income vs Net Interest Income
Operating Income vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Ocean Acquisition Operating Income account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Blue Ocean's Operating Income and Net Interest Income is -0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Blue Ocean Acquisition, assuming nothing else is changed. The correlation between historical values of Blue Ocean's Operating Income and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Blue Ocean Acquisition are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Operating Income i.e., Blue Ocean's Operating Income and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.95 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Blue Ocean Acquisition operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Blue Ocean Acquisition is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Blue Ocean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Ocean Acquisition 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 Ocean Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. As of the 11th of December 2024, Selling General Administrative is likely to drop to about 2.1 M. In addition to that, Enterprise Value Over EBITDA is likely to drop to 38.32
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 13.9M | 15.8K | 15.0K | Depreciation And Amortization | 285.4K | 1.2M | 8.6M | 9.0M |
Blue Ocean fundamental ratios Correlations
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Blue Ocean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Blue Ocean
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Blue Ocean position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Blue Ocean will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
The ability to find closely correlated positions to Blue Ocean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Ocean when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Blue Ocean - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Blue Ocean Acquisition to buy it.
The correlation of Blue Ocean is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Blue Ocean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Ocean Acquisition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Blue Ocean can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Blue Stock
Balance Sheet is a snapshot of the financial position of Blue Ocean Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Blue Ocean Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Ocean and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Blue currently owns. An asset can also be divided into two categories, current and non-current.