Blackrock Pb Ratio vs Roic Analysis

BRC Stock

CAD 0.34 0.01 2.86%

Blackrock Silver financial indicator trend analysis is way more than just evaluating Blackrock Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blackrock Silver Corp is a good investment. Please check the relationship between Blackrock Silver Pb Ratio and its Roic accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Pb Ratio vs Roic

Pb Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blackrock Silver Corp Pb Ratio account and Roic. At this time, the significance of the direction appears to have pay attention.

The correlation between Blackrock Silver's Pb Ratio and Roic is -0.96. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Blackrock Silver Corp, assuming nothing else is changed. The correlation between historical values of Blackrock Silver's Pb Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Blackrock Silver Corp are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Pb Ratio i.e., Blackrock Silver's Pb Ratio and Roic go up and down completely randomly.

Correlation Coefficient

-0.96

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Pb Ratio

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Blackrock Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blackrock Silver Corp 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 Blackrock Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Blackrock Silver's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 48.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	18.1M	6.1M	7.0M	7.4M
Interest Expense	14.3K	12.4K	11.1K	12.8K

Other Operating Expenses Interest Expense

Blackrock Silver fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Net Receivables	Inventory	Non Currrent Assets Other	Other Current Liab	Property Plant And Equipment Net	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Current Deferred Revenue	Short Term Investments	Common Stock	Net Tangible Assets
Total Assets		0.75	0.99	-0.8	-0.84	0.77	0.79	0.73	0.8	0.85	0.31	0.81	0.56	0.83	0.82	0.37	0.95	0.9	0.41	-0.62	-0.37	-0.6	0.23	-0.27	0.81	0.98
Total Current Liabilities	0.75		0.7	-0.83	-0.39	0.88	0.84	0.24	0.85	0.41	-0.09	0.38	0.71	0.86	0.54	0.24	0.61	0.77	0.51	-0.48	-0.5	-0.45	0.26	-0.25	0.35	0.64
Total Stockholder Equity	0.99	0.7		-0.76	-0.87	0.72	0.75	0.76	0.76	0.89	0.34	0.85	0.47	0.79	0.84	0.36	0.96	0.89	0.35	-0.64	-0.43	-0.62	0.19	-0.24	0.85	0.99
Net Debt	-0.8	-0.83	-0.76		0.41	-0.92	-0.99	-0.17	-0.99	-0.4	0.3	-0.35	-0.63	-0.99	-0.54	-0.03	-0.59	-0.92	-0.54	0.46	0.35	0.44	-0.07	0.06	-0.33	-0.69
Retained Earnings	-0.84	-0.39	-0.87	0.41		-0.38	-0.37	-0.93	-0.38	-0.97	-0.6	-0.96	-0.15	-0.43	-0.88	-0.39	-0.92	-0.63	-0.18	0.6	0.41	0.58	-0.18	0.24	-0.98	-0.91
Accounts Payable	0.77	0.88	0.72	-0.92	-0.38		0.91	0.21	0.91	0.39	-0.21	0.38	0.7	0.92	0.57	0.14	0.63	0.78	0.61	-0.5	-0.35	-0.48	0.2	-0.18	0.33	0.64
Cash	0.79	0.84	0.75	-0.99	-0.37	0.91		0.15	1.0	0.37	-0.28	0.32	0.71	1.0	0.51	0.06	0.58	0.91	0.57	-0.41	-0.27	-0.39	0.11	-0.1	0.3	0.67
Non Current Assets Total	0.73	0.24	0.76	-0.17	-0.93	0.21	0.15		0.17	0.95	0.82	0.95	0.11	0.22	0.75	0.53	0.88	0.43	0.02	-0.53	-0.26	-0.51	0.25	-0.32	0.97	0.83
Cash And Short Term Investments	0.8	0.85	0.76	-0.99	-0.38	0.91	1.0	0.17		0.38	-0.26	0.33	0.72	1.0	0.52	0.07	0.6	0.91	0.56	-0.42	-0.28	-0.4	0.11	-0.1	0.32	0.68
Common Stock Shares Outstanding	0.85	0.41	0.89	-0.4	-0.97	0.39	0.37	0.95	0.38		0.63	0.97	0.13	0.43	0.84	0.46	0.94	0.64	0.08	-0.66	-0.46	-0.64	0.19	-0.26	0.99	0.93
Other Current Assets	0.31	-0.09	0.34	0.3	-0.6	-0.21	-0.28	0.82	-0.26	0.63		0.65	0.04	-0.22	0.36	0.69	0.54	-0.02	-0.2	-0.28	0.11	-0.27	0.44	-0.51	0.67	0.43
Other Stockholder Equity	0.81	0.38	0.85	-0.35	-0.96	0.38	0.32	0.95	0.33	0.97	0.65		0.15	0.38	0.85	0.41	0.94	0.55	0.09	-0.56	-0.39	-0.54	0.14	-0.21	0.98	0.9
Total Liab	0.56	0.71	0.47	-0.63	-0.15	0.7	0.71	0.11	0.72	0.13	0.04	0.15		0.7	0.28	0.37	0.42	0.54	0.63	-0.14	0.25	-0.13	0.45	-0.43	0.11	0.4
Total Current Assets	0.83	0.86	0.79	-0.99	-0.43	0.92	1.0	0.22	1.0	0.43	-0.22	0.38	0.7		0.56	0.1	0.63	0.92	0.56	-0.45	-0.31	-0.43	0.13	-0.12	0.36	0.71
Net Receivables	0.82	0.54	0.84	-0.54	-0.88	0.57	0.51	0.75	0.52	0.84	0.36	0.85	0.28	0.56		0.33	0.83	0.64	0.54	-0.62	-0.43	-0.59	0.2	-0.23	0.85	0.84
Inventory	0.37	0.24	0.36	-0.03	-0.39	0.14	0.06	0.53	0.07	0.46	0.69	0.41	0.37	0.1	0.33		0.46	0.24	0.15	-0.67	0.06	-0.67	0.91	-0.94	0.44	0.38
Non Currrent Assets Other	0.95	0.61	0.96	-0.59	-0.92	0.63	0.58	0.88	0.6	0.94	0.54	0.94	0.42	0.63	0.83	0.46		0.74	0.22	-0.62	-0.38	-0.6	0.24	-0.3	0.92	0.98
Other Current Liab	0.9	0.77	0.89	-0.92	-0.63	0.78	0.91	0.43	0.91	0.64	-0.02	0.55	0.54	0.92	0.64	0.24	0.74		0.42	-0.62	-0.41	-0.61	0.19	-0.21	0.57	0.84
Property Plant And Equipment Net	0.41	0.51	0.35	-0.54	-0.18	0.61	0.57	0.02	0.56	0.08	-0.2	0.09	0.63	0.56	0.54	0.15	0.22	0.42		-0.24	0.09	-0.24	0.34	-0.29	0.08	0.25
Short Long Term Debt Total	-0.62	-0.48	-0.64	0.46	0.6	-0.5	-0.41	-0.53	-0.42	-0.66	-0.28	-0.56	-0.14	-0.45	-0.62	-0.67	-0.62	-0.62	-0.24		0.52	1.0	-0.6	0.63	-0.59	-0.63
Non Current Liabilities Total	-0.37	-0.5	-0.43	0.35	0.41	-0.35	-0.27	-0.26	-0.28	-0.46	0.11	-0.39	0.25	-0.31	-0.43	0.06	-0.38	-0.41	0.09	0.52		0.5	0.18	-0.15	-0.41	-0.43
Short Term Debt	-0.6	-0.45	-0.62	0.44	0.58	-0.48	-0.39	-0.51	-0.4	-0.64	-0.27	-0.54	-0.13	-0.43	-0.59	-0.67	-0.6	-0.61	-0.24	1.0	0.5		-0.62	0.64	-0.57	-0.61
Current Deferred Revenue	0.23	0.26	0.19	-0.07	-0.18	0.2	0.11	0.25	0.11	0.19	0.44	0.14	0.45	0.13	0.2	0.91	0.24	0.19	0.34	-0.6	0.18	-0.62		-0.99	0.16	0.18
Short Term Investments	-0.27	-0.25	-0.24	0.06	0.24	-0.18	-0.1	-0.32	-0.1	-0.26	-0.51	-0.21	-0.43	-0.12	-0.23	-0.94	-0.3	-0.21	-0.29	0.63	-0.15	0.64	-0.99		-0.23	-0.23
Common Stock	0.81	0.35	0.85	-0.33	-0.98	0.33	0.3	0.97	0.32	0.99	0.67	0.98	0.11	0.36	0.85	0.44	0.92	0.57	0.08	-0.59	-0.41	-0.57	0.16	-0.23		0.9
Net Tangible Assets	0.98	0.64	0.99	-0.69	-0.91	0.64	0.67	0.83	0.68	0.93	0.43	0.9	0.4	0.71	0.84	0.38	0.98	0.84	0.25	-0.63	-0.43	-0.61	0.18	-0.23	0.9

Click cells to compare fundamentals

Blackrock Silver Account Relationship Matchups

Blackrock Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5M	11.4M	8.4M	6.6M	7.6M	8.0M
Total Current Liabilities	1.5M	1.3M	945.5K	339.9K	390.8K	570.2K
Total Stockholder Equity	7.0M	9.9M	7.4M	6.2M	7.1M	7.5M
Net Debt	(6.6M)	(8.5M)	(3.6M)	(656.2K)	(590.6K)	(620.1K)
Retained Earnings	(18.1M)	(46.1M)	(63.7M)	(69.7M)	(62.7M)	(59.6M)
Accounts Payable	1.2M	829.3K	748.3K	171.8K	197.6K	184.9K
Cash	6.6M	8.5M	3.6M	656.2K	754.6K	1.1M
Non Current Assets Total	1.7M	2.7M	4.4M	5.5M	6.3M	6.6M
Cash And Short Term Investments	6.6M	8.5M	3.6M	656.2K	754.6K	1.4M
Common Stock Shares Outstanding	80.5M	141.0M	162.8M	187.2M	215.3M	226.0M
Liabilities And Stockholders Equity	8.5M	11.4M	8.4M	6.6M	7.6M	8.0M
Other Current Assets	113.2K	139.3K	245.2K	409.9K	471.4K	494.9K
Other Stockholder Equity	50K	5.4M	5.0M	9.9M	11.4M	12.0M
Total Liab	1.5M	1.5M	1.0M	384.0K	441.6K	770.3K
Total Current Assets	6.8M	8.8M	4.1M	1.1M	1.3M	1.6M
Net Receivables	53.5K	80.4K	167.1K	72.8K	83.7K	87.9K
Other Current Liab	256.6K	491.8K	197.2K	168.1K	151.3K	180.6K
Property Plant And Equipment Net	1.7M	2.7M	4.4M	248.6K	285.9K	271.6K
Non Current Liabilities Total	17.8K	180.4K	85.1K	44.1K	39.7K	37.7K
Accumulated Other Comprehensive Income	5.4M	9.4M	9.9M	10.7M	12.3M	13.0M
Common Stock	19.7M	41.7M	61.1M	65.1M	74.9M	78.7M
Net Tangible Assets	1.5M	7.0M	9.9M	7.4M	8.5M	9.0M
Property Plant Equipment	925.6K	1.7M	2.7M	4.4M	5.0M	5.3M
Net Invested Capital	7.0M	9.9M	7.4M	6.2M	7.1M	5.3M
Net Working Capital	5.3M	7.4M	3.1M	799.0K	918.8K	872.9K
Capital Stock	19.7M	41.7M	61.1M	65.1M	74.9M	78.7M

Pair Trading with Blackrock Silver

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 Blackrock Silver 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 Blackrock Silver will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Blackrock Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackrock Silver 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 Blackrock Silver - 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 Blackrock Silver Corp to buy it.

The correlation of Blackrock Silver 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 Blackrock Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock Silver Corp 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 Blackrock Silver 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.

Pair Correlation Correlation Matching

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Blackrock Stock analysis

When running Blackrock Silver's price analysis, check to measure Blackrock Silver'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 Blackrock Silver is operating at the current time. Most of Blackrock Silver's value examination focuses on studying past and present price action to predict the probability of Blackrock Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blackrock Silver's price. Additionally, you may evaluate how the addition of Blackrock Silver to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Blackrock Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blackrock Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock Silver'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.

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Blackrock Pb Ratio vs Roic Analysis

Pb Ratio vs Roic

Pb Ratio vs Roic Correlation Analysis

Correlation Coefficient

Pb Ratio

Roic

Blackrock Silver fundamental ratios Correlations

Blackrock Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Blackrock Silver fundamental ratios Accounts

Pair Trading with Blackrock Silver

Complementary Tools for Blackrock Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Short Term Investments	- 0.99	Current Deferred Revenue
Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Common Stock	- 0.98	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings