BTV Stock | | | CAD 0.01 0.00 0.00% |
BLUERUSH Media financial indicator trend analysis is way more than just evaluating BLUERUSH Media Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BLUERUSH Media Group is a good investment. Please check the relationship between BLUERUSH Media Property Plant Equipment and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BLUERUSH Media Group. 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.
Property Plant Equipment vs Non Current Assets Total
Property Plant Equipment vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BLUERUSH Media Group Property Plant Equipment account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BLUERUSH Media's Property Plant Equipment and Non Current Assets Total is -0.48. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of BLUERUSH Media Group, assuming nothing else is changed. The correlation between historical values of BLUERUSH Media's Property Plant Equipment and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of BLUERUSH Media Group are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant Equipment i.e., BLUERUSH Media's Property Plant Equipment and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Property Plant Equipment
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from BLUERUSH Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BLUERUSH Media Group 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 BLUERUSH Media Group. 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.
Discontinued Operations is likely to climb to about 2.5
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 3.7
M in 2024.
BLUERUSH Media fundamental ratios Correlations
Click cells to compare fundamentals
BLUERUSH Media Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BLUERUSH Media fundamental ratios Accounts
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