BWMX Stock | | | USD 11.47 0.28 2.38% |
Betterware financial indicator trend analysis is way more than just evaluating Betterware de Mxico, prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Betterware de Mxico, is a good investment. Please check the relationship between Betterware Net Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Net Income vs Gross Profit
Net Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Betterware de Mxico, Net Income account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Betterware's Net Income and Gross Profit is 0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Betterware de Mxico,, assuming nothing else is changed. The correlation between historical values of Betterware's Net Income and Gross Profit 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 of Betterware de Mxico, are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Betterware's Net Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Betterware de Mxico, financial statement analysis. It represents the amount of money remaining after all of Betterware de Mxico, operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Betterware de Mxico, minus its cost of goods sold. It is profit before Betterware operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Betterware's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Betterware de Mxico, 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 Betterware de Mxico,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, Betterware's
Tax Provision is fairly stable compared to the past year.
Selling General Administrative is likely to rise to about 3.1
B in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
Betterware fundamental ratios Correlations
Click cells to compare fundamentals
Betterware Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Betterware fundamental ratios Accounts
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 Betterware Stock Analysis
When running Betterware's price analysis, check to
measure Betterware'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 Betterware is operating at the current time. Most of Betterware's value examination focuses on studying past and present price action to
predict the probability of Betterware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betterware's price. Additionally, you may evaluate how the addition of Betterware to your portfolios can decrease your overall portfolio volatility.