JBLU Stock | | | USD 6.15 0.11 1.82% |
JetBlue Airways financial indicator trend analysis is infinitely more than just investigating JetBlue Airways Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetBlue Airways Corp is a good investment. Please check the relationship between JetBlue Airways Selling And Marketing Expenses and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. 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.
Selling And Marketing Expenses vs Total Revenue
Selling And Marketing Expenses vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JetBlue Airways Corp Selling And Marketing Expenses account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JetBlue Airways' Selling And Marketing Expenses and Total Revenue is 0.96. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of JetBlue Airways Corp, assuming nothing else is changed. The correlation between historical values of JetBlue Airways' Selling And Marketing Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of JetBlue Airways Corp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling And Marketing Expenses i.e., JetBlue Airways' Selling And Marketing Expenses and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling And Marketing Expenses
Total Revenue
Total revenue comprises all receipts JetBlue Airways Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from JetBlue Airways' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetBlue Airways Corp 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 JetBlue Airways Corp. 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.
Enterprise Value is likely to gain to about 7.8
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 300.2
M in 2024.
JetBlue Airways fundamental ratios Correlations
Click cells to compare fundamentals
JetBlue Airways Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JetBlue Airways fundamental ratios Accounts
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