JJ Stock | | | CAD 0.07 0.00 0.00% |
Jackpot Digital financial indicator trend analysis is infinitely more than just investigating Jackpot Digital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jackpot Digital is a good investment. Please check the relationship between Jackpot Digital Non Current Liabilities Total 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 Jackpot Digital. 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 Selling General Administrative
Non Current Liabilities Total vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jackpot Digital Non Current Liabilities Total account and
Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jackpot Digital's Non Current Liabilities Total and Selling General Administrative is -0.64. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Jackpot Digital, assuming nothing else is changed. The correlation between historical values of Jackpot Digital's Non Current Liabilities Total 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 Non Current Liabilities Total of Jackpot Digital 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 Non Current Liabilities Total i.e., Jackpot Digital's Non Current Liabilities Total and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.64 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Selling General Administrative
Most indicators from Jackpot Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jackpot Digital 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 Jackpot Digital. 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 drop to about 2.4
M in 2024.
Tax Provision is likely to climb to about (311.8
K) in 2024
Jackpot Digital fundamental ratios Correlations
Click cells to compare fundamentals
Jackpot Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jackpot Digital fundamental ratios Accounts
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