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Best Buy Operating Expenses vs Net Loss Income from Discontinued Operations Analysis

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BBY -- USA Stock  

Earning Report: February 27, 2020  

Best Buy financial indicator trend analysis is way more than just evaluating Best Buy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Best Buy is a good investment. Please check the relationship between Best Buy Operating Expenses and its Net Loss Income from Discontinued Operations accounts. Continue to Trending Equities.

Operating Expenses vs Net Loss Income from Discontinued Operations

Accounts Relationship

Operating Expenses vs Net Loss Income from Discontinued Operations

Significance: Strong Relationship

Operating Expenses diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Best Buy Operating Expenses account and Net Loss Income from Discontinued Operations

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].

Net Loss Income from Discontinued Operations

Amount of loss (income) from a disposal group; net of income tax; reported as a separate component of income.