Bakkt Total Assets vs Property Plant Equipment Analysis
| BKKT Stock | USD 0.40 8.82 95.66% |
Bakkt Holdings financial indicator trend analysis is way more than just evaluating Bakkt Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bakkt Holdings is a good investment. Please check the relationship between Bakkt Holdings Total Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakkt Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bakkt Holdings' Total Assets and Property Plant Equipment is 0.56. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Bakkt Holdings, assuming nothing else is changed. The correlation between historical values of Bakkt Holdings' Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Bakkt Holdings are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Bakkt Holdings' Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Bakkt Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bakkt Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant Equipment
Most indicators from Bakkt Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bakkt Holdings 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 Bakkt Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.Selling General Administrative is likely to drop to about 119.6 M in 2024. Tax Provision is likely to gain to about (2 M) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 187.9M | 231.9M | 73.9M | 126.8M | Cost Of Revenue | 175.1M | 167.6M | 834.5M | 876.2M |
Bakkt Holdings fundamental ratios Correlations
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Bakkt Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Bakkt Holdings
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 Bakkt Holdings 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 Bakkt Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Bakkt Stock
| 0.71 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Bakkt Stock
| 0.8 | DTSS | Datasea Tech Boost | PairCorr |
| 0.74 | GB | Global Blue Group | PairCorr |
| 0.7 | NN | Nextnav Acquisition Corp Upward Rally | PairCorr |
| 0.7 | SQ | Block Inc Aggressive Push | PairCorr |
| 0.67 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Bakkt Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakkt Holdings 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 Bakkt Holdings - 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 Bakkt Holdings to buy it.
The correlation of Bakkt Holdings 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 Bakkt Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakkt Holdings 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 Bakkt Holdings 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 Bakkt Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Bakkt Stock please use our How to Invest in Bakkt Holdings guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Bakkt Stock analysis
When running Bakkt Holdings' price analysis, check to measure Bakkt Holdings' 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 Bakkt Holdings is operating at the current time. Most of Bakkt Holdings' value examination focuses on studying past and present price action to predict the probability of Bakkt Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bakkt Holdings' price. Additionally, you may evaluate how the addition of Bakkt Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Bakkt Holdings' 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 Bakkt Holdings. If investors know Bakkt 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 Bakkt Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (21.00) | Revenue Per Share 8.757 | Quarterly Revenue Growth 12.485 | Return On Assets (0.11) | Return On Equity (0.96) |
The market value of Bakkt Holdings is measured differently than its book value, which is the value of Bakkt that is recorded on the company's balance sheet. Investors also form their own opinion of Bakkt Holdings' value that differs from its market value or its book value, called intrinsic value, which is Bakkt Holdings' 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 Bakkt Holdings' market value can be influenced by many factors that don't directly affect Bakkt Holdings' 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 Bakkt Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakkt Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakkt Holdings' 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.