Banco Other Operating Expenses vs Total Revenue Analysis
BBDO Stock | USD 1.83 0.04 2.23% |
Banco Bradesco financial indicator trend analysis is way more than just evaluating Banco Bradesco SA prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Banco Bradesco SA is a good investment. Please check the relationship between Banco Bradesco Other Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Other Operating Expenses vs Total Revenue
Other Operating Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Banco Bradesco SA Other Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Banco Bradesco's Other Operating Expenses and Total Revenue is 0.57. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Banco Bradesco SA, assuming nothing else is changed. The correlation between historical values of Banco Bradesco's Other Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Banco Bradesco SA are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Other Operating Expenses i.e., Banco Bradesco's Other Operating Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Banco Bradesco SA. It is also known as Banco Bradesco overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Revenue
Total revenue comprises all receipts Banco Bradesco SA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Banco Bradesco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Banco Bradesco SA 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 Banco Bradesco SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Banco Bradesco's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of December 2024, Enterprise Value Over EBITDA is likely to grow to 14.06, while Selling General Administrative is likely to drop about 26.3 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 102.4B | 106.3B | 302.8B | 317.9B | Total Revenue | 102.4B | 106.3B | 100.3B | 68.1B |
Banco Bradesco fundamental ratios Correlations
Click cells to compare fundamentals
Banco Bradesco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Banco Bradesco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.4T | 1.6T | 1.7T | 1.8T | 1.9T | 2.0T | |
Short Long Term Debt Total | 371.8B | 181.7B | 284.6B | 339.0B | 306.5B | 169.0B | |
Other Current Liab | (300.9B) | (7.2B) | (4.6B) | (3.9B) | (3.7B) | (3.9B) | |
Total Current Liabilities | 62.2B | 6.0B | 3.0B | 7.9B | 222.2B | 233.3B | |
Total Stockholder Equity | 135.1B | 145.6B | 149.8B | 159.5B | 166.3B | 174.6B | |
Property Plant And Equipment Net | 14.7B | 14.1B | 13.5B | 12.0B | 11.1B | 7.1B | |
Net Debt | 112.9B | 157.9B | 263.3B | 310.4B | 264.9B | 278.2B | |
Cash | 128.3B | 23.8B | 21.3B | 28.5B | 41.5B | 37.6B | |
Non Current Assets Total | 681.8B | 1.6T | 1.7T | 1.8T | 1.6T | 1.7T | |
Non Currrent Assets Other | (67.4B) | 1.5T | 1.5T | 1.6T | 1.5T | 1.6T | |
Other Assets | 354.8B | 559.5B | 544.4B | 605.2B | 251.5B | 238.9B | |
Cash And Short Term Investments | 320.8B | 23.8B | 21.3B | 28.5B | 41.5B | 39.5B | |
Common Stock Total Equity | 59.1B | 67.1B | 75.1B | 79.2B | 91.0B | 95.6B | |
Liabilities And Stockholders Equity | 1.4T | 1.6T | 1.7T | 1.8T | 1.9T | 2.0T | |
Non Current Liabilities Total | 242.3B | 1.5T | 1.5T | 1.6T | 1.8T | 1.9T | |
Other Current Assets | 553.2B | 700.1B | 211.8B | 225.8B | 293.0B | 358.3B | |
Total Liab | 242.3B | 1.5T | 1.5T | 1.6T | 1.8T | 1.8T | |
Property Plant And Equipment Gross | 14.7B | 14.1B | 27.7B | 28.2B | 28.4B | 29.8B | |
Total Current Assets | 341.9B | 23.8B | 21.3B | 28.5B | 41.5B | 50.9B | |
Short Term Debt | 293.2B | 321.4B | 331.4B | 333.7B | 324.3B | 340.5B | |
Intangible Assets | 9.4B | 7.6B | 8.9B | 12.3B | 15.5B | 16.3B | |
Common Stock | 75.2B | 79.1B | 83.1B | 87.1B | 100.2B | 105.2B | |
Retained Earnings | 475.6M | 58.8B | 68.2B | 73.3B | (765.3M) | (727.1M) | |
Accumulated Other Comprehensive Income | 59.9B | 8.1B | (969.6M) | (682.3M) | 79.2B | 83.1B | |
Good Will | 5.3B | 7.1B | 6.0B | 6.5B | 6.6B | 6.9B | |
Accounts Payable | 10.2B | 34.2B | 7.3B | 44.7B | 45.1B | 25.3B | |
Net Receivables | 21.2B | 23.8B | 22.5B | 25.7B | 25.6B | 22.9B | |
Short Term Investments | 192.5B | 185.8B | 193.5B | 111.3B | (665.5B) | (632.2B) | |
Current Deferred Revenue | 59.6B | 3.3B | 27.4B | 33.1B | (369.4B) | (350.9B) | |
Other Liab | 355.8B | 367.0B | 337.5B | 411.2B | 472.8B | 280.5B | |
Net Tangible Assets | 124.9B | 134.6B | 139.3B | 143.0B | 164.5B | 101.3B | |
Long Term Debt | 235.5B | 212.8B | 234.3B | 344.6B | 355.9B | 220.5B | |
Inventory | (553.2B) | (723.8B) | (234.2B) | (251.5B) | (318.6B) | (334.6B) | |
Deferred Long Term Liab | 984.0M | 1.0B | 1.2B | 1.3B | 1.5B | 1.1B | |
Long Term Investments | 652.4B | 680.7B | 758.3B | 779.3B | 716.5B | 517.4B | |
Property Plant Equipment | 14.7B | 14.1B | 9.0B | 12.0B | 13.8B | 9.4B |
Pair Trading with Banco Bradesco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Banco Bradesco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Banco Bradesco will appreciate offsetting losses from the drop in the long position's value.Moving together with Banco Stock
Moving against Banco Stock
0.86 | EBTC | Enterprise Bancorp | PairCorr |
0.76 | EFSC | Enterprise Financial Fiscal Year End 27th of January 2025 | PairCorr |
0.75 | TECTP | Tectonic Financial | PairCorr |
0.74 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.73 | EGBN | Eagle Bancorp Fiscal Year End 22nd of January 2025 | PairCorr |
The ability to find closely correlated positions to Banco Bradesco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Banco Bradesco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Banco Bradesco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Banco Bradesco SA to buy it.
The correlation of Banco Bradesco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Banco Bradesco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Banco Bradesco SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Banco Bradesco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Banco Bradesco SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Banco Bradesco. If investors know Banco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Banco Bradesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.436 | Dividend Share 1.114 | Earnings Share 0.21 | Revenue Per Share 7.098 | Quarterly Revenue Growth 0.429 |
The market value of Banco Bradesco SA is measured differently than its book value, which is the value of Banco that is recorded on the company's balance sheet. Investors also form their own opinion of Banco Bradesco's value that differs from its market value or its book value, called intrinsic value, which is Banco Bradesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Banco Bradesco's market value can be influenced by many factors that don't directly affect Banco Bradesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Banco Bradesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Banco Bradesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Banco Bradesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.