BRBS Stock | | | USD 3.53 0.07 2.02% |
Blue Ridge financial indicator trend analysis is way more than just evaluating Blue Ridge Bankshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Ridge Bankshares is a good investment. Please check the relationship between Blue Ridge Ebit Per Revenue and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Ebit Per Revenue vs Total Revenue
Ebit Per Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Ridge Bankshares Ebit Per Revenue account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Blue Ridge's Ebit Per Revenue and Total Revenue is 0.32. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Blue Ridge Bankshares, assuming nothing else is changed. The correlation between historical values of Blue Ridge's Ebit Per Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Blue Ridge Bankshares are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit Per Revenue i.e., Blue Ridge's Ebit Per Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebit Per Revenue
Total Revenue
Total revenue comprises all receipts Blue Ridge Bankshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Blue Ridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Ridge Bankshares 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 Ridge Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Discontinued Operations is likely to gain to about 406.9
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 34.1
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 180.4M | 158.5M | 182.3M | 191.4M | Total Revenue | 180.4M | 158.5M | 182.3M | 191.4M |
Blue Ridge fundamental ratios Correlations
Click cells to compare fundamentals
Blue Ridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Ridge fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Blue Stock Analysis
When running Blue Ridge's price analysis, check to
measure Blue Ridge'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 Ridge is operating at the current time. Most of Blue Ridge's value examination focuses on studying past and present price action to
predict the probability of Blue Ridge'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 Ridge's price. Additionally, you may evaluate how the addition of Blue Ridge to your portfolios can decrease your overall portfolio volatility.