| JEV Stock | | | CAD 0.13 0.01 8.33% |
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 Other Stockholder Equity and its Net Working Capital 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.
Other Stockholder Equity vs Net Working Capital
Other Stockholder Equity vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jericho Oil Corp Other Stockholder Equity account and
Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jericho Oil's Other Stockholder Equity and Net Working Capital is 0.19. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Working Capital 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 Other Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Jericho Oil Corp are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Other Stockholder Equity i.e., Jericho Oil's Other Stockholder Equity and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Stockholder Equity
Net Working Capital
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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Additional Tools for Jericho Stock Analysis
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