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 Cash Per Share and its Ptb Ratio accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bukit Jalil Global. 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.
Cash Per Share vs Ptb Ratio
Cash Per Share vs Ptb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bukit Jalil Global Cash Per Share account and
Ptb Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bukit Jalil's Cash Per Share and Ptb Ratio is 0.74. Overlapping area represents the amount of variation of Cash Per Share that can explain the historical movement of Ptb Ratio 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 Cash Per Share and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Per Share of Bukit Jalil Global are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Cash Per Share i.e., Bukit Jalil's Cash Per Share and Ptb Ratio go up and down completely randomly.
Correlation Coefficient | 0.74 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash Per Share
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.