Better Net Income Applicable To Common Shares from 2010 to 2024
| BTTR Stock | USD 4.88 0.07 1.41% |
Net Loss | First Reported 2018-03-31 | Previous Quarter -3 M | Current Value -3 M | Quarterly Volatility 32.8 M |
Check Better Choice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Better main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 1.2 M or Selling General Administrative of 8.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 2.74. Better financial statements analysis is a perfect complement when working with Better Choice Valuation or Volatility modules.
Better | Net Income Applicable To Common Shares |
Latest Better Choice's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Better Choice over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Better Choice's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Better Choice's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Better Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (24,849,183) | |
| Geometric Mean | 4,003,994 | |
| Coefficient Of Variation | (194.21) | |
| Mean Deviation | 30,882,281 | |
| Median | (1,743,258) | |
| Standard Deviation | 48,260,567 | |
| Sample Variance | 2329.1T | |
| Range | 188M | |
| R-Value | (0.39) | |
| Mean Square Error | 2135.3T | |
| R-Squared | 0.15 | |
| Significance | 0.16 | |
| Slope | (4,161,282) | |
| Total Sum of Squares | 32607.2T |
Better Net Income Applicable To Common Shares History
About Better Choice Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Better Choice income statement, its balance sheet, and the statement of cash flows. Better Choice investors use historical funamental indicators, such as Better Choice's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Better Choice investors may use each financial statement separately, they are all related. The changes in Better Choice's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Better Choice's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Better Choice Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Better Choice. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Loss | -35.4 M | -37.2 M |
Pair Trading with Better Choice
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 Better Choice 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 Better Choice will appreciate offsetting losses from the drop in the long position's value.Moving together with Better Stock
| 0.78 | BON | Bon Natural Life | PairCorr |
Moving against Better Stock
| 0.84 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.8 | TPB | Turning Point Brands Upward Rally | PairCorr |
| 0.77 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
| 0.76 | BJ | BJs Wholesale Club Sell-off Trend | PairCorr |
| 0.69 | DG | Dollar General Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Better Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Better Choice 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 Better Choice - 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 Better Choice to buy it.
The correlation of Better Choice 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 Better Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Better Choice 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 Better Choice 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 the analysis of Better Choice Correlation against competitors. To learn how to invest in Better Stock, please use our How to Invest in Better Choice guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Better Stock analysis
When running Better Choice's price analysis, check to measure Better Choice'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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice's industry 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 Better Choice. If investors know Better 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 Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (32.25) | Revenue Per Share 54.726 | Quarterly Revenue Growth (0.39) | Return On Assets (0.29) | Return On Equity (1.86) |
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice'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 Better Choice's market value can be influenced by many factors that don't directly affect Better Choice'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 Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Better Choice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice'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.