Bakkt Total Stockholder Equity vs Accounts Payable Analysis
| BKKT Stock | USD 11.23 0.08 0.72% |
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 Stockholder Equity and its Accounts Payable 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 Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bakkt Holdings Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bakkt Holdings' Total Stockholder Equity and Accounts Payable is -0.08. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Stockholder Equity and Accounts Payable 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 Stockholder Equity of Bakkt Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Bakkt Holdings' Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.08 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Bakkt Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bakkt Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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
Click cells to compare fundamentals
Bakkt Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bakkt Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bakkt Holdings' short interest history, or implied volatility extrapolated from Bakkt Holdings options trading.
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
| 0.88 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
| 0.7 | MQ | Marqeta | PairCorr |
Moving against Bakkt Stock
| 0.81 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.67 | GB | Global Blue Group | PairCorr |
| 0.5 | VERI | Veritone | PairCorr |
| 0.47 | DTSS | Datasea | 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 218.934 | 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.