Broad End Period Cash Flow vs Net Income Analysis
| BRACR Stock | USD 0.15 0.00 0.00% |
Broad Capital financial indicator trend analysis is way more than just evaluating Broad Capital Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Broad Capital Acquisition is a good investment. Please check the relationship between Broad Capital End Period Cash Flow and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broad Capital 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Broad Capital Acquisition End Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Broad Capital's End Period Cash Flow and Net Income is -0.51. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Broad Capital Acquisition, assuming nothing else is changed. The correlation between historical values of Broad Capital's End Period Cash Flow and Net 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 End Period Cash Flow of Broad Capital Acquisition are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Broad Capital's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | -0.51 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Broad Capital Acquisition financial statement analysis. It represents the amount of money remaining after all of Broad Capital Acquisition operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Broad Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Broad Capital 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 Broad Capital 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 12/22/2024, Enterprise Value Over EBITDA is likely to drop to 657.53. In addition to that, Enterprise Value Multiple is likely to drop to 657.53
| 2010 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 20.1K | 1.7M | 2.6M | 1.6M | Depreciation And Amortization | 30.1K | 1.7M | 2.8M | 1.6M |
Broad Capital fundamental ratios Correlations
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Broad Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Broad Capital
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 Broad Capital 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 Broad Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Broad Stock
| 0.48 | NOVVU | Nova Vision Acquisition | PairCorr |
| 0.46 | OCAXW | OCA Acquisition Corp | PairCorr |
| 0.44 | BAYAR | Bayview Acquisition Corp | PairCorr |
| 0.4 | VACH | Voyager Acquisition Corp | PairCorr |
| 0.33 | EURK | Eureka Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Broad Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broad Capital 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 Broad Capital - 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 Broad Capital Acquisition to buy it.
The correlation of Broad Capital 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 Broad Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broad Capital 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 Broad Capital 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.Additional Tools for Broad Stock Analysis
When running Broad Capital's price analysis, check to measure Broad Capital'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 Broad Capital is operating at the current time. Most of Broad Capital's value examination focuses on studying past and present price action to predict the probability of Broad Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broad Capital's price. Additionally, you may evaluate how the addition of Broad Capital to your portfolios can decrease your overall portfolio volatility.