BRFS Stock | | | USD 4.29 0.03 0.69% |
BRF SA financial indicator trend analysis is way more than just evaluating BRF SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BRF SA ADR is a good investment. Please check the relationship between BRF SA Net Receivables and its Common Stock Total Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Net Receivables vs Common Stock Total Equity
Net Receivables vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BRF SA ADR Net Receivables account and
Common Stock Total Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BRF SA's Net Receivables and Common Stock Total Equity is 0.92. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of BRF SA ADR, assuming nothing else is changed. The correlation between historical values of BRF SA's Net Receivables and Common Stock Total Equity 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 Receivables of BRF SA ADR are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Receivables i.e., BRF SA's Net Receivables and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from BRF SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BRF SA ADR 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 BRF SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, BRF SA's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 5.6
B in 2024, whereas
Tax Provision is likely to drop (59.7
M) in 2024.
BRF SA fundamental ratios Correlations
Click cells to compare fundamentals
BRF SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BRF SA fundamental ratios Accounts
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Additional Tools for BRF Stock Analysis
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measure BRF SA'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 BRF SA is operating at the current time. Most of BRF SA's value examination focuses on studying past and present price action to
predict the probability of BRF SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRF SA's price. Additionally, you may evaluate how the addition of BRF SA to your portfolios can decrease your overall portfolio volatility.