Blue Investments vs Other Non Cash Items Analysis

BLUEJET Stock   519.40  3.65  0.70%   
Blue Jet financial indicator trend analysis is way more than just evaluating Blue Jet Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Jet Healthcare is a good investment. Please check the relationship between Blue Jet Investments and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Jet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Investments vs Other Non Cash Items

Investments vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Jet Healthcare Investments account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Blue Jet's Investments and Other Non Cash Items is 0.24. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Blue Jet Healthcare, assuming nothing else is changed. The correlation between historical values of Blue Jet's Investments and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Blue Jet Healthcare are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Investments i.e., Blue Jet's Investments and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Other Non Cash Items

Most indicators from Blue Jet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Jet Healthcare 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 Jet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Tax Provision is likely to drop to about 612.7 M in 2024. Selling General Administrative is likely to drop to about 64.9 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue6.8B7.2B7.1B6.9B
Depreciation And Amortization221.5M250.7M280.9M248.4M

Blue Jet fundamental ratios Correlations

-0.970.120.981.00.96-0.921.0-0.610.780.920.351.00.850.030.99-0.970.930.86-0.930.850.99-0.960.810.970.68
-0.970.04-0.97-0.97-0.880.97-0.970.5-0.86-0.82-0.3-0.97-0.930.02-0.940.99-0.94-0.740.97-0.85-0.990.99-0.8-0.97-0.66
0.120.040.040.120.330.270.12-0.8-0.520.440.790.07-0.330.580.19-0.03-0.130.520.020.070.00.130.43-0.060.54
0.98-0.970.040.970.95-0.930.97-0.590.830.90.370.970.82-0.110.95-0.950.950.85-0.910.940.97-0.960.850.950.74
1.0-0.970.120.970.96-0.921.0-0.60.780.920.331.00.850.051.0-0.970.930.86-0.940.830.99-0.950.80.970.66
0.96-0.880.330.950.96-0.790.96-0.770.620.990.510.940.670.070.97-0.880.850.97-0.830.880.91-0.850.870.880.79
-0.920.970.27-0.93-0.92-0.79-0.920.29-0.96-0.71-0.06-0.93-0.960.19-0.880.94-0.96-0.620.93-0.81-0.960.99-0.65-0.96-0.48
1.0-0.970.120.971.00.96-0.92-0.60.780.920.341.00.850.051.0-0.960.930.86-0.930.840.99-0.950.80.970.67
-0.610.5-0.8-0.59-0.6-0.770.29-0.6-0.04-0.83-0.92-0.56-0.18-0.42-0.640.53-0.38-0.870.5-0.63-0.50.43-0.87-0.46-0.91
0.78-0.86-0.520.830.780.62-0.960.78-0.040.52-0.150.80.92-0.390.73-0.820.90.41-0.810.730.85-0.910.470.860.31
0.92-0.820.440.90.920.99-0.710.92-0.830.520.590.90.580.140.94-0.820.780.99-0.780.850.86-0.790.880.830.82
0.35-0.30.790.370.330.51-0.060.34-0.92-0.150.590.29-0.010.440.36-0.340.140.63-0.310.480.25-0.220.80.20.88
1.0-0.970.070.971.00.94-0.931.0-0.560.80.90.290.870.020.99-0.970.940.84-0.940.831.0-0.960.780.980.64
0.85-0.93-0.330.820.850.67-0.960.85-0.180.920.58-0.010.87-0.030.81-0.920.860.47-0.940.640.91-0.940.550.930.35
0.030.020.58-0.110.050.070.190.05-0.42-0.390.140.440.02-0.030.08-0.06-0.310.15-0.17-0.26-0.010.080.160.050.11
0.99-0.940.190.951.00.97-0.881.0-0.640.730.940.360.990.810.08-0.950.910.89-0.910.820.98-0.920.80.950.67
-0.970.99-0.03-0.95-0.97-0.880.94-0.960.53-0.82-0.82-0.34-0.97-0.92-0.06-0.95-0.92-0.750.98-0.81-0.980.98-0.81-0.96-0.66
0.93-0.94-0.130.950.930.85-0.960.93-0.380.90.780.140.940.86-0.310.91-0.920.71-0.850.870.95-0.950.70.910.58
0.86-0.740.520.850.860.97-0.620.86-0.870.410.990.630.840.470.150.89-0.750.71-0.690.810.79-0.70.860.750.83
-0.930.970.02-0.91-0.94-0.830.93-0.930.5-0.81-0.78-0.31-0.94-0.94-0.17-0.910.98-0.85-0.69-0.76-0.960.97-0.77-0.97-0.6
0.85-0.850.070.940.830.88-0.810.84-0.630.730.850.480.830.64-0.260.82-0.810.870.81-0.760.82-0.850.880.790.83
0.99-0.990.00.970.990.91-0.960.99-0.50.850.860.251.00.91-0.010.98-0.980.950.79-0.960.82-0.980.760.990.61
-0.960.990.13-0.96-0.95-0.850.99-0.950.43-0.91-0.79-0.22-0.96-0.940.08-0.920.98-0.95-0.70.97-0.85-0.98-0.76-0.98-0.6
0.81-0.80.430.850.80.87-0.650.8-0.870.470.880.80.780.550.160.8-0.810.70.86-0.770.880.76-0.760.720.97
0.97-0.97-0.060.950.970.88-0.960.97-0.460.860.830.20.980.930.050.95-0.960.910.75-0.970.790.99-0.980.720.55
0.68-0.660.540.740.660.79-0.480.67-0.910.310.820.880.640.350.110.67-0.660.580.83-0.60.830.61-0.60.970.55
Click cells to compare fundamentals

Blue Jet Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Blue Stock Analysis

When running Blue Jet's price analysis, check to measure Blue Jet'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 Jet is operating at the current time. Most of Blue Jet's value examination focuses on studying past and present price action to predict the probability of Blue Jet'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 Jet's price. Additionally, you may evaluate how the addition of Blue Jet to your portfolios can decrease your overall portfolio volatility.