JBSS Stock | | | USD 84.74 0.83 0.99% |
John B financial indicator trend analysis is infinitely more than just investigating John B Sanfilippo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John B Sanfilippo is a good investment. Please check the relationship between John B Ptb Ratio and its Pocfratio accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John B Sanfilippo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Ptb Ratio vs Pocfratio
Ptb Ratio vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John B Sanfilippo Ptb Ratio account and
Pocfratio. At this time, the significance of the direction appears to have very strong relationship.
The correlation between John B's Ptb Ratio and Pocfratio is 0.86. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of John B Sanfilippo, assuming nothing else is changed. The correlation between historical values of John B's Ptb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of John B Sanfilippo are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Ptb Ratio i.e., John B's Ptb Ratio and Pocfratio go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Pocfratio
Most indicators from John B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John B Sanfilippo 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 John B Sanfilippo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Tax Provision is likely to gain to about 19.8
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 36.9
M in 2024.
John B fundamental ratios Correlations
Click cells to compare fundamentals
John B Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John B fundamental ratios Accounts
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Additional Tools for John Stock Analysis
When running John B's price analysis, check to
measure John B'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 John B is operating at the current time. Most of John B's value examination focuses on studying past and present price action to
predict the probability of John B's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move John B's price. Additionally, you may evaluate how the addition of John B to your portfolios can decrease your overall portfolio volatility.