Bukit Net Income Per Share vs Operating Cash Flow Per Share Analysis
| BUJAR Stock | 0.10 0.00 0.00% |
Bukit Jalil financial indicator trend analysis is way more than just evaluating Bukit Jalil Global prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bukit Jalil Global is a good investment. Please check the relationship between Bukit Jalil Net Income Per Share and its Operating Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Net Income Per Share vs Operating Cash Flow Per Share
Net Income Per Share vs Operating Cash Flow Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bukit Jalil Global Net Income Per Share account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Bukit Jalil's Net Income Per Share and Operating Cash Flow Per Share is -0.99. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Bukit Jalil Global, assuming nothing else is changed. The correlation between historical values of Bukit Jalil's Net Income Per Share and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of Bukit Jalil Global are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Net Income Per Share i.e., Bukit Jalil's Net Income Per Share and Operating Cash Flow Per Share go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income Per Share
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Pair Trading with Bukit Jalil
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 Bukit Jalil 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 Bukit Jalil will appreciate offsetting losses from the drop in the long position's value.Moving against Bukit Stock
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| 0.69 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.65 | DUET | DUET Acquisition Corp | PairCorr |
The ability to find closely correlated positions to Bukit Jalil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bukit Jalil 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 Bukit Jalil - 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 Bukit Jalil Global to buy it.
The correlation of Bukit Jalil 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 Bukit Jalil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bukit Jalil Global 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 Bukit Jalil 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 Bukit Stock Analysis
When running Bukit Jalil's price analysis, check to measure Bukit Jalil'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 Bukit Jalil is operating at the current time. Most of Bukit Jalil's value examination focuses on studying past and present price action to predict the probability of Bukit Jalil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bukit Jalil's price. Additionally, you may evaluate how the addition of Bukit Jalil to your portfolios can decrease your overall portfolio volatility.