JBT Stock | | | USD 120.69 1.51 1.27% |
John Bean financial indicator trend analysis is infinitely more than just investigating John Bean Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether John Bean Technologies is a good investment. Please check the relationship between John Bean Change To Inventory and its Capital Expenditures accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Bean Technologies. 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 labor statistics.
Change To Inventory vs Capital Expenditures
Change To Inventory vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Bean Technologies Change To Inventory account and
Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between John Bean's Change To Inventory and Capital Expenditures is -0.49. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of John Bean Technologies, assuming nothing else is changed. The correlation between historical values of John Bean's Change To Inventory and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of John Bean Technologies are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., John Bean's Change To Inventory and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Capital Expenditures
Capital Expenditures are funds used by John Bean Technologies to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of John Bean operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from John Bean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into John Bean Technologies 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 Bean Technologies. 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 labor statistics.
Selling General Administrative is likely to drop to about 282.5
M in 2024.
Discontinued Operations is likely to drop to about (362.2
K) in 2024
John Bean fundamental ratios Correlations
Click cells to compare fundamentals
John Bean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
John Bean fundamental ratios Accounts
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Additional Tools for John Stock Analysis
When running John Bean's price analysis, check to
measure John Bean'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 Bean is operating at the current time. Most of John Bean's value examination focuses on studying past and present price action to
predict the probability of John Bean'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 Bean's price. Additionally, you may evaluate how the addition of John Bean to your portfolios can decrease your overall portfolio volatility.