| 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 Total Assets and its Selling General Administrative 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.
Total Assets vs Selling General Administrative
Total Assets vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jura Energy Total Assets account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jura Energy's Total Assets and Selling General Administrative is -0.03. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Selling General Administrative 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 Total Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Jura Energy are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Assets i.e., Jura Energy's Total Assets and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Jura Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jura Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Selling General Administrative
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.