Blue Other Assets vs Short Long Term Debt Total Analysis

BHAT Stock

USD 1.10 0.02 1.85%

Blue Hat financial indicator trend analysis is way more than just evaluating Blue Hat Interactive prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Hat Interactive is a good investment. Please check the relationship between Blue Hat Other Assets and its Short Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Assets vs Short Long Term Debt Total

Other Assets vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Hat Interactive Other Assets account and Short Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.

The correlation between Blue Hat's Other Assets and Short Long Term Debt Total is 0.01. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Blue Hat Interactive, assuming nothing else is changed. The correlation between historical values of Blue Hat's Other Assets and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Blue Hat Interactive are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Assets i.e., Blue Hat's Other Assets and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Assets

Short Long Term Debt Total

Most indicators from Blue Hat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Hat Interactive 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 Blue Hat Interactive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Issuance Of Capital Stock is likely to gain to about 4.2 M in 2024, whereas Discontinued Operations is likely to drop slightly above 939.1 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.5M	4.0M	1.2M	1.1M
Total Revenue	15.2M	7.4M	73.7M	77.4M

Gross Profit Total Revenue

Blue Hat fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.08	0.38	0.72	0.71	0.28	0.21	0.68	0.43	0.93	0.12	-0.2	0.41	0.88	0.48	0.3	0.24	0.58	0.26	0.14	-0.38	0.66	0.53	0.05
Other Current Liab	0.08		-0.21	0.15	0.0	-0.41	-0.55	-0.34	0.26	-0.21	0.02	0.65	-0.16	-0.28	0.57	-0.48	0.78	-0.15	0.74	0.86	0.0	-0.02	-0.28	0.14
Total Current Liabilities	0.38	-0.21		-0.34	0.03	0.38	0.91	0.5	-0.08	0.48	0.08	-0.21	0.99	0.66	-0.44	0.93	-0.53	0.0	-0.51	-0.11	0.22	-0.28	-0.36	-0.51
Total Stockholder Equity	0.72	0.15	-0.34		0.79	0.15	-0.44	0.42	0.49	0.6	-0.08	-0.04	-0.33	0.41	0.8	-0.38	0.53	0.66	0.57	0.22	-0.65	0.94	0.78	0.29
Net Tangible Assets	0.71	0.0	0.03	0.79		0.69	-0.11	0.79	0.38	0.64	-0.5	-0.03	-0.03	0.49	0.62	-0.11	0.07	0.82	0.1	0.29	-0.84	0.83	0.45	-0.33
Retained Earnings	0.28	-0.41	0.38	0.15	0.69		0.37	0.81	0.03	0.37	-0.75	-0.08	0.27	0.34	0.03	0.28	-0.61	0.58	-0.57	0.04	-0.63	0.35	-0.03	-0.83
Accounts Payable	0.21	-0.55	0.91	-0.44	-0.11	0.37		0.43	-0.22	0.39	0.14	-0.43	0.9	0.61	-0.66	0.97	-0.75	-0.07	-0.73	-0.48	0.31	-0.35	-0.25	-0.42
Cash	0.68	-0.34	0.5	0.42	0.79	0.81	0.43		0.42	0.76	-0.35	-0.3	0.44	0.7	0.16	0.44	-0.39	0.59	-0.35	-0.06	-0.69	0.52	0.24	-0.51
Other Assets	0.43	0.26	-0.08	0.49	0.38	0.03	-0.22	0.42		0.3	0.01	-0.06	-0.07	0.19	0.58	-0.14	0.34	0.01	0.34	0.16	-0.62	0.4	0.22	0.11
Net Receivables	0.93	-0.21	0.48	0.6	0.64	0.37	0.39	0.76	0.3		0.16	-0.4	0.49	0.94	0.23	0.49	0.0	0.63	0.04	-0.11	-0.32	0.63	0.57	0.0
Inventory	0.12	0.02	0.08	-0.08	-0.5	-0.75	0.14	-0.35	0.01	0.16		-0.5	0.21	0.24	-0.25	0.27	0.3	-0.26	0.25	-0.43	0.63	-0.23	0.25	0.75
Other Current Assets	-0.2	0.65	-0.21	-0.04	-0.03	-0.08	-0.43	-0.3	-0.06	-0.4	-0.5		-0.24	-0.44	0.34	-0.44	0.36	-0.3	0.38	0.82	-0.08	-0.12	-0.41	-0.18
Total Liab	0.41	-0.16	0.99	-0.33	-0.03	0.27	0.9	0.44	-0.07	0.49	0.21	-0.24		0.68	-0.44	0.93	-0.46	-0.04	-0.45	-0.13	0.29	-0.3	-0.32	-0.4
Total Current Assets	0.88	-0.28	0.66	0.41	0.49	0.34	0.61	0.7	0.19	0.94	0.24	-0.44	0.68		0.04	0.67	-0.15	0.45	-0.12	-0.22	-0.13	0.4	0.41	-0.04
Intangible Assets	0.48	0.57	-0.44	0.8	0.62	0.03	-0.66	0.16	0.58	0.23	-0.25	0.34	-0.44	0.04		-0.62	0.74	0.41	0.73	0.62	-0.61	0.73	0.44	0.18
Common Stock	0.3	-0.48	0.93	-0.38	-0.11	0.28	0.97	0.44	-0.14	0.49	0.27	-0.44	0.93	0.67	-0.62		-0.64	-0.06	-0.62	-0.45	0.31	-0.31	-0.18	-0.3
Property Plant Equipment	0.24	0.78	-0.53	0.53	0.07	-0.61	-0.75	-0.39	0.34	0.0	0.3	0.36	-0.46	-0.15	0.74	-0.64		0.03	0.97	0.55	-0.03	0.35	0.33	0.64
Short Long Term Debt Total	0.58	-0.15	0.0	0.66	0.82	0.58	-0.07	0.59	0.01	0.63	-0.26	-0.3	-0.04	0.45	0.41	-0.06	0.03		0.06	0.09	-0.53	0.8	0.55	-0.21
Property Plant And Equipment Net	0.26	0.74	-0.51	0.57	0.1	-0.57	-0.73	-0.35	0.34	0.04	0.25	0.38	-0.45	-0.12	0.73	-0.62	0.97	0.06		0.57	-0.06	0.41	0.32	0.59
Current Deferred Revenue	0.14	0.86	-0.11	0.22	0.29	0.04	-0.48	-0.06	0.16	-0.11	-0.43	0.82	-0.13	-0.22	0.62	-0.45	0.55	0.09	0.57		-0.26	0.16	-0.31	-0.25
Net Debt	-0.38	0.0	0.22	-0.65	-0.84	-0.63	0.31	-0.69	-0.62	-0.32	0.63	-0.08	0.29	-0.13	-0.61	0.31	-0.03	-0.53	-0.06	-0.26		-0.71	-0.32	0.33
Net Invested Capital	0.66	-0.02	-0.28	0.94	0.83	0.35	-0.35	0.52	0.4	0.63	-0.23	-0.12	-0.3	0.4	0.73	-0.31	0.35	0.8	0.41	0.16	-0.71		0.78	0.11
Net Working Capital	0.53	-0.28	-0.36	0.78	0.45	-0.03	-0.25	0.24	0.22	0.57	0.25	-0.41	-0.32	0.41	0.44	-0.18	0.33	0.55	0.32	-0.31	-0.32	0.78		0.58
Capital Stock	0.05	0.14	-0.51	0.29	-0.33	-0.83	-0.42	-0.51	0.11	0.0	0.75	-0.18	-0.4	-0.04	0.18	-0.3	0.64	-0.21	0.59	-0.25	0.33	0.11	0.58

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Blue Hat Account Relationship Matchups

Blue Hat fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	59.3M	75.7M	36.5M	34.3M	49.3M	47.4M
Other Current Liab	7.0M	8.7M	14.9M	14.3M	4.8M	7.1M
Total Current Liabilities	13.2M	16.7M	18.3M	17.4M	5.7M	5.4M
Total Stockholder Equity	45.4M	58.8M	15.2M	12.1M	40.6M	30.2M
Net Tangible Assets	24.0M	38.0M	44.6M	8.3M	9.5M	9.0M
Retained Earnings	24.1M	31.4M	(25.7M)	(35.1M)	(56.8M)	(54.0M)
Accounts Payable	294.0K	935.6K	959.2K	885.5K	318.7K	302.8K
Cash	10.5M	15.8M	135.6K	76.5K	409.2K	388.7K
Non Current Assets Total	16.1M	25.0M	14.8M	12.7M	10.0M	11.3M
Non Currrent Assets Other	4.4M	4.2M	1.7M	2.5M	2.4M	2.3M
Other Assets	3.6M	(1.0)	4.3M	1.7M	2.0M	1.7M
Long Term Debt	13.3K	505.8K	517.6K	2.3M	835.0K	543.8K
Cash And Short Term Investments	10.5M	15.8M	135.6K	76.5K	409.2K	388.7K
Net Receivables	27.3M	32.9M	6.1M	7.2M	21.3M	17.2M
Common Stock Shares Outstanding	3.5M	4.0M	5.1M	7.6M	29.7M	31.2M
Liabilities And Stockholders Equity	59.3M	75.7M	36.5M	34.3M	49.3M	39.6M
Non Current Liabilities Total	741.9K	300.5K	579.6K	2.3M	3.0M	3.1M
Capital Lease Obligations	685.5K	300.5K	159.1K	42.3K	2.4M	2.5M
Inventory	125.3K	117.1K	108.6K	12.4M	17.5M	18.4M
Other Current Assets	5.3M	1.9M	15.4M	1.8M	36.6K	34.8K
Other Stockholder Equity	21.4M	23.5M	36.3M	44.1M	93.8M	98.5M
Total Liab	14.0M	16.7M	18.9M	19.7M	8.6M	12.0M
Long Term Investments	1.7M	1.9M	1.9M	1.7M	1.7M	1.3M
Property Plant And Equipment Gross	3.0M	4.5M	5.5M	5.1M	7.0M	7.4M
Short Long Term Debt	5.9M	5.9M	860.9K	1.3M	273.7K	260.0K
Total Current Assets	43.2M	50.7M	21.7M	21.5M	39.3M	35.4M
Accumulated Other Comprehensive Income	(163.6K)	3.9M	4.6M	3.0M	3.0M	2.0M
Short Term Debt	5.9M	6.2M	958.0K	1.3M	509.2K	483.7K
Intangible Assets	6.8M	14.3M	6.9M	4.7M	5.3M	6.2M
Common Stock	35.1K	38.6K	53.8K	98.9K	584.0K	1.1M
Property Plant Equipment	208.9K	3.0M	4.5M	4.3M	5.0M	5.2M
Short Long Term Debt Total	6.6M	6.2M	1.5M	3.6M	3.5M	3.3M
Property Plant And Equipment Net	3.1M	4.5M	4.3M	3.9M	5.9M	3.5M
Net Debt	(3.8M)	(9.6M)	1.4M	3.5M	3.1M	3.2M
Net Invested Capital	50.7M	64.7M	16.6M	15.7M	41.7M	28.2M
Net Working Capital	29.0M	34.0M	3.4M	4.1M	33.6M	35.3M

Pair Trading with Blue Hat

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 Blue Hat 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 Blue Hat will appreciate offsetting losses from the drop in the long position's value.

Moving against Blue Stock

0.42

MYPS

Playstudios

Pair Corr

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

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

Additional Tools for Blue Stock Analysis

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

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