DJML Stock | | | 130.47 1.88 1.46% |
DJ Mediaprint financial indicator trend analysis is much more than just examining DJ Mediaprint Logistics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DJ Mediaprint Logistics is a good investment. Please check the relationship between DJ Mediaprint Inventory and its Total Assets accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DJ Mediaprint Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Inventory vs Total Assets
Inventory vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DJ Mediaprint Logistics Inventory account and
Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between DJ Mediaprint's Inventory and Total Assets is 0.76. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Assets in the same time period over historical financial statements of DJ Mediaprint Logistics, assuming nothing else is changed. The correlation between historical values of DJ Mediaprint's Inventory and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of DJ Mediaprint Logistics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., DJ Mediaprint's Inventory and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Total Assets
Total assets refers to the total amount of DJ Mediaprint assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DJ Mediaprint Logistics books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from DJ Mediaprint's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DJ Mediaprint Logistics 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DJ Mediaprint Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Selling General Administrative is likely to drop to about 16.4
M in 2024.
Tax Provision is likely to drop to about 9.2
M in 2024
DJ Mediaprint fundamental ratios Correlations
Click cells to compare fundamentals
DJ Mediaprint Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DJ Mediaprint fundamental ratios Accounts
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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 DJML Stock Analysis
When running DJ Mediaprint's price analysis, check to
measure DJ Mediaprint'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 DJ Mediaprint is operating at the current time. Most of DJ Mediaprint's value examination focuses on studying past and present price action to
predict the probability of DJ Mediaprint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DJ Mediaprint's price. Additionally, you may evaluate how the addition of DJ Mediaprint to your portfolios can decrease your overall portfolio volatility.