Better Trade and Non Trade Receivables vs Deferred Revenue Analysis

BTTR
 Stock
  

USD 1.95  0.13  7.14%   

Better Choice financial indicator trend analysis is way more than just evaluating Better Choice prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Better Choice is a good investment. Please check the relationship between Better Choice Trade and Non Trade Receivables and its Deferred Revenue accounts. Continue to Trending Equities.

Trade and Non Trade Receivables vs Deferred Revenue

Trade and Non Trade Receivables vs Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Better Choice Trade and Non Trade Receivables account and Deferred Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Better Choice's Trade and Non Trade Receivables and Deferred Revenue is 0.99. Overlapping area represents the amount of variation of Trade and Non Trade Receivables that can explain the historical movement of Deferred Revenue in the same time period over historical financial statements of Better Choice, assuming nothing else is changed. The correlation between historical values of Better Choice's Trade and Non Trade Receivables and Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Trade and Non Trade Receivables of Better Choice are associated (or correlated) with its Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Revenue has no effect on the direction of Trade and Non Trade Receivables i.e., Better Choice's Trade and Non Trade Receivables and Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Trade and Non Trade Receivables

A component of Total Assets representing trade and non-trade receivables.

Deferred Revenue

A component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income.
Most indicators from Better Choice fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Better Choice 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. Continue to Trending Equities.Better Choice Selling General and Administrative Expense is relatively stable at the moment as compared to the past year. Better Choice reported last year Selling General and Administrative Expense of 28.51 Million. As of 08/15/2022, Issuance Purchase of Equity Shares is likely to grow to about 43.4 M, while Net Cash Flow Business Acquisitions and Disposals is likely to drop (19.5 M).
 2019 2020 2021 2022 (projected)
Interest Expense670 K9.25 M3.22 M3.47 M
Gross Profit5.86 M16.11 M15.37 M12.39 M

Better Choice fundamental ratios Correlations

0.960.960.850.670.39-0.360.970.62-0.880.920.620.55-0.360.930.690.98
0.960.840.960.450.18-0.550.880.79-0.950.810.410.33-0.550.90.50.9
0.960.840.660.840.58-0.130.990.38-0.730.960.790.73-0.130.880.840.98
0.850.960.660.18-0.08-0.70.710.91-0.960.620.150.08-0.70.780.250.75
0.670.450.840.180.880.310.79-0.15-0.270.870.940.930.310.680.930.75
0.390.180.58-0.080.880.270.51-0.30.090.70.720.730.270.520.910.5
-0.36-0.55-0.13-0.70.310.27-0.21-0.90.5-0.150.480.551.0-0.330.04-0.3
0.970.880.990.710.790.51-0.210.45-0.770.950.740.67-0.210.880.790.99
0.620.790.380.91-0.15-0.3-0.90.45-0.810.33-0.23-0.31-0.90.520.030.52
-0.88-0.95-0.73-0.96-0.270.090.5-0.77-0.81-0.63-0.31-0.230.5-0.75-0.27-0.78
0.920.810.960.620.870.7-0.150.950.33-0.630.790.74-0.150.940.880.96
0.620.410.790.150.940.720.480.74-0.23-0.310.790.990.480.620.770.68
0.550.330.730.080.930.730.550.67-0.31-0.230.740.990.550.570.730.61
-0.36-0.55-0.13-0.70.310.271.0-0.21-0.90.5-0.150.480.55-0.330.04-0.3
0.930.90.880.780.680.52-0.330.880.52-0.750.940.620.57-0.330.70.9
0.690.50.840.250.930.910.040.790.03-0.270.880.770.730.040.70.79
0.980.90.980.750.750.5-0.30.990.52-0.780.960.680.61-0.30.90.79
Click cells to compare fundamentals

Better Choice Account Relationship Matchups

Better Choice Investors Sentiment

The influence of Better Choice's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Better. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Better Choice's public news can be used to forecast risks associated with investment in Better. The trend in average sentiment can be used to explain how an investor holding Better can time the market purely based on public headlines and social activities around Better Choice. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Better Choice's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Better Choice's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Better Choice's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Better Choice.

Better Choice Implied Volatility

    
  101.46  
Better Choice's implied volatility exposes the market's sentiment of Better Choice stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Better Choice's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Better Choice stock will not fluctuate a lot when Better Choice's options are near their expiration.
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 Better Choice 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, Better Choice's short interest history, or implied volatility extrapolated from Better Choice options trading.

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 Choice

0.65BRBRBellRing Brands Fiscal Year End 17th of November 2022 PairCorr

Moving against Better Choice

0.55APPHAppharvest Aggressive PushPairCorr
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 equities. 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Better Stock analysis

When running Better Choice 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 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.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
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.
Market Capitalization
53.4 M
Quarterly Revenue Growth YOY
0.5
Return On Assets
-0.18
Return On Equity
-0.52
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 Better Choice value 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.