| JEV Stock | | | CAD 0.12 0.01 7.69% |
Jericho Oil financial indicator trend analysis is infinitely more than just investigating Jericho Oil Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jericho Oil Corp is a good investment. Please check the relationship between Jericho Oil Non Current Liabilities Total and its Property Plant Equipment accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jericho Oil Corp. 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 Current Liabilities Total vs Property Plant Equipment
Non Current Liabilities Total vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jericho Oil Corp Non Current Liabilities Total account and
Property Plant Equipment. At this time, the significance of the direction appears to have pay attention.
The correlation between Jericho Oil's Non Current Liabilities Total and Property Plant Equipment is -0.75. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Jericho Oil Corp, assuming nothing else is changed. The correlation between historical values of Jericho Oil's Non Current Liabilities Total and Property Plant Equipment 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 Current Liabilities Total of Jericho Oil Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Liabilities Total i.e., Jericho Oil's Non Current Liabilities Total and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.75 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Non Current Liabilities Total
Property Plant Equipment
Most indicators from Jericho Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jericho Oil Corp 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 Jericho Oil Corp. 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.
Selling General Administrative is likely to climb to about 4.2
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.5
M in 2024.
Jericho Oil fundamental ratios Correlations
Click cells to compare fundamentals
Jericho Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jericho Oil fundamental ratios Accounts
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