BWB Stock | | | USD 13.51 0.11 0.82% |
Bridgewater Bancshares financial indicator trend analysis is way more than just evaluating Bridgewater Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bridgewater Bancshares is a good investment. Please check the relationship between Bridgewater Bancshares Cash and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgewater Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For information on how to trade Bridgewater Stock refer to our
How to Trade Bridgewater Stock guide.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bridgewater Bancshares Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bridgewater Bancshares' Cash and Common Stock Shares Outstanding is -0.42. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Bridgewater Bancshares, assuming nothing else is changed. The correlation between historical values of Bridgewater Bancshares' Cash and Common Stock Shares Outstanding 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 of Bridgewater Bancshares are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Bridgewater Bancshares' Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Bridgewater Bancshares, which is listed under current asset account on Bridgewater Bancshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Bridgewater Bancshares customers. The amounts must be unrestricted with restricted cash listed in a different Bridgewater Bancshares account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Bridgewater Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bridgewater Bancshares 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 Bridgewater Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
For information on how to trade Bridgewater Stock refer to our
How to Trade Bridgewater Stock guide.At present, Bridgewater Bancshares'
Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 13.63, whereas
Tax Provision is forecasted to decline to about 11.5
M.
Bridgewater Bancshares fundamental ratios Correlations
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Bridgewater Bancshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bridgewater Bancshares fundamental ratios Accounts