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 Common Stock Shares Outstanding and its Net Tangible Assets 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bridgewater Bancshares Common Stock Shares Outstanding account and
Net Tangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bridgewater Bancshares' Common Stock Shares Outstanding and Net Tangible Assets is -0.46. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Tangible Assets 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' Common Stock Shares Outstanding and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Bridgewater Bancshares are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Bridgewater Bancshares' Common Stock Shares Outstanding and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
The total number of shares of a company's common stock that are currently owned by all its shareholders.
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.