| JEC Stock | | | CAD 0.02 0.01 33.33% |
Jura Energy financial indicator trend analysis is infinitely more than just investigating Jura Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jura Energy is a good investment. Please check the relationship between Jura Energy Non Currrent Assets Other and its Short Term Debt accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jura Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Non Currrent Assets Other vs Short Term Debt
Non Currrent Assets Other vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jura Energy Non Currrent Assets Other account and
Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jura Energy's Non Currrent Assets Other and Short Term Debt is -0.38. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Jura Energy, assuming nothing else is changed. The correlation between historical values of Jura Energy's Non Currrent Assets Other and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Jura Energy are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Non Currrent Assets Other i.e., Jura Energy's Non Currrent Assets Other and Short Term Debt go up and down completely randomly.
Correlation Coefficient | -0.38 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Short Term Debt
Most indicators from Jura Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jura Energy 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 Jura Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is expected to grow at the current pace this year, whereas
Selling General Administrative is likely to drop slightly above 2.5
M in 2024.
Jura Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jura Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jura Energy fundamental ratios Accounts
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Additional Tools for Jura Stock Analysis
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measure Jura Energy'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 Jura Energy is operating at the current time. Most of Jura Energy's value examination focuses on studying past and present price action to
predict the probability of Jura Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jura Energy's price. Additionally, you may evaluate how the addition of Jura Energy to your portfolios can decrease your overall portfolio volatility.