JAR Stock | | | 62.50 0.00 0.00% |
Jardine Matheson financial indicator trend analysis is infinitely more than just investigating Jardine Matheson Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jardine Matheson Holdings is a good investment. Please check the relationship between Jardine Matheson Good Will and its Common Stock Shares Outstanding accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Good Will vs Common Stock Shares Outstanding
Good Will vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jardine Matheson Holdings Good Will account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jardine Matheson's Good Will and Common Stock Shares Outstanding is -0.65. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Jardine Matheson Holdings, assuming nothing else is changed. The correlation between historical values of Jardine Matheson's Good Will and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Jardine Matheson Holdings are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Good Will i.e., Jardine Matheson's Good Will and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.65 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Jardine Matheson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jardine Matheson Holdings 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jardine Matheson Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
The current year's
Tax Provision is expected to grow to about 964.5
M, whereas
Selling General Administrative is forecasted to decline to about 1.6
B.
Jardine Matheson fundamental ratios Correlations
Click cells to compare fundamentals
Jardine Matheson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jardine Matheson 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.
Other Information on Investing in Jardine Stock
Balance Sheet is a snapshot of the
financial position of Jardine Matheson Holdings at a specified time, usually calculated after every quarter, six months, or one year. Jardine Matheson Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jardine Matheson and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jardine currently owns. An asset can also be divided into two categories, current and non-current.