Jeffs Asset Turnover vs Total Assets Analysis
| JFBR Stock | USD 3.26 0.39 13.59% |
Jeffs Brands financial indicator trend analysis is infinitely more than just investigating Jeffs Brands recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jeffs Brands is a good investment. Please check the relationship between Jeffs Brands Asset Turnover and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jeffs Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Jeffs Stock, please use our How to Invest in Jeffs Brands guide.
Asset Turnover vs Total Assets
Asset Turnover vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jeffs Brands Asset Turnover account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jeffs Brands' Asset Turnover and Total Assets is 0.22. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jeffs Brands, assuming nothing else is changed. The correlation between historical values of Jeffs Brands' Asset Turnover and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Jeffs Brands are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Asset Turnover i.e., Jeffs Brands' Asset Turnover and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.22 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Total Assets
Total assets refers to the total amount of Jeffs Brands 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 Jeffs Brands 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.Most indicators from Jeffs Brands' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jeffs Brands 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 Jeffs Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Jeffs Stock, please use our How to Invest in Jeffs Brands guide.At this time, Jeffs Brands' Issuance Of Capital Stock is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.23, while Selling General Administrative is likely to drop slightly above 1.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 568K | 361K | 10K | 9.5K | Depreciation And Amortization | 524K | 584K | 739K | 439.3K |
Jeffs Brands fundamental ratios Correlations
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Jeffs Brands Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Jeffs Brands
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jeffs Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jeffs Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Jeffs Stock
| 0.63 | DIBS | 1StdibsCom | PairCorr |
| 0.57 | AEO | American Eagle Outfitters | PairCorr |
| 0.48 | EDUC | Educational Development | PairCorr |
| 0.46 | AKA | AKA Brands Holding | PairCorr |
| 0.4 | DXLG | Destination XL Group | PairCorr |
The ability to find closely correlated positions to Jeffs Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jeffs Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jeffs Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jeffs Brands to buy it.
The correlation of Jeffs Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jeffs Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jeffs Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jeffs Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Jeffs Stock Analysis
When running Jeffs Brands' price analysis, check to measure Jeffs Brands' 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 Jeffs Brands is operating at the current time. Most of Jeffs Brands' value examination focuses on studying past and present price action to predict the probability of Jeffs Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeffs Brands' price. Additionally, you may evaluate how the addition of Jeffs Brands to your portfolios can decrease your overall portfolio volatility.