JBGS Stock | | | USD 16.30 0.69 4.42% |
JBG SMITH financial indicator trend analysis is infinitely more than just investigating JBG SMITH Properties recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBG SMITH Properties is a good investment. Please check the relationship between JBG SMITH Property Plant Equipment and its Net Working Capital accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JBG SMITH Properties Property Plant Equipment account and
Net Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JBG SMITH's Property Plant Equipment and Net Working Capital is -0.47. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of JBG SMITH Properties, assuming nothing else is changed. The correlation between historical values of JBG SMITH's Property Plant Equipment and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of JBG SMITH Properties are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Property Plant Equipment i.e., JBG SMITH's Property Plant Equipment and Net Working Capital go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Most indicators from JBG SMITH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBG SMITH Properties 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 JBG SMITH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, JBG SMITH's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Tax Provision is likely to drop (310.8
K) in 2024.
When running JBG SMITH's price analysis, check to
measure JBG SMITH'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 JBG SMITH is operating at the current time. Most of JBG SMITH's value examination focuses on studying past and present price action to
predict the probability of JBG SMITH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBG SMITH's price. Additionally, you may evaluate how the addition of JBG SMITH to your portfolios can decrease your overall portfolio volatility.