JBT Stock | | | USD 119.18 0.64 0.54% |
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 Common Stock and its Total Current Assets 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.
Common Stock vs Total Current Assets
Common Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
John Bean Technologies Common Stock account and
Total Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between John Bean's Common Stock and Total Current Assets is 0.01. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets 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 Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of John Bean Technologies are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., John Bean's Common Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.01 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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.