Jewett Change In Cash vs Cash Conversion Cycle Analysis
| JCTC Stock | 4.28 0.20 4.46% |
Jewett Cameron financial indicator trend analysis is infinitely more than just investigating Jewett Cameron Trading recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jewett Cameron Trading is a good investment. Please check the relationship between Jewett Cameron Change In Cash and its Cash Conversion Cycle accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Change In Cash vs Cash Conversion Cycle
Change In Cash vs Cash Conversion Cycle Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jewett Cameron Trading Change In Cash account and Cash Conversion Cycle. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jewett Cameron's Change In Cash and Cash Conversion Cycle is 0.38. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Jewett Cameron Trading, assuming nothing else is changed. The correlation between historical values of Jewett Cameron's Change In Cash and Cash Conversion Cycle 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 In Cash of Jewett Cameron Trading are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Change In Cash i.e., Jewett Cameron's Change In Cash and Cash Conversion Cycle go up and down completely randomly.
Correlation Coefficient | 0.38 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Change In Cash
Cash Conversion Cycle
Most indicators from Jewett Cameron's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jewett Cameron Trading 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 Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At present, Jewett Cameron's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.8M | 12.2M | 8.9M | 9.8M | Total Revenue | 62.9M | 54.3M | 47.1M | 58.7M |
Jewett Cameron fundamental ratios Correlations
Click cells to compare fundamentals
Jewett Cameron Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Jewett Cameron Trading offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jewett Cameron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jewett Cameron Trading Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jewett Cameron Trading Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jewett Cameron Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jewett Cameron. If investors know Jewett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jewett Cameron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Jewett Cameron Trading is measured differently than its book value, which is the value of Jewett that is recorded on the company's balance sheet. Investors also form their own opinion of Jewett Cameron's value that differs from its market value or its book value, called intrinsic value, which is Jewett Cameron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jewett Cameron's market value can be influenced by many factors that don't directly affect Jewett Cameron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jewett Cameron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jewett Cameron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jewett Cameron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.