DJML Stock | | | 121.56 2.16 1.75% |
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 Total Current Assets and its Non Current Assets Total 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.
Total Current Assets vs Non Current Assets Total
Total Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DJ Mediaprint Logistics Total Current Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between DJ Mediaprint's Total Current Assets and Non Current Assets Total is 0.79. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total 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 Total Current Assets and Non Current Assets 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 Total Current Assets of DJ Mediaprint Logistics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., DJ Mediaprint's Total Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and 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.