Jupiter Inventory vs Cash And Short Term Investments Analysis
JLHL Stock | 1,513 13.20 0.88% |
Jupiter Life financial indicator trend analysis is infinitely more than just investigating Jupiter Life Line recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Life Line is a good investment. Please check the relationship between Jupiter Life Inventory and its Cash And Short Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Life Line. 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.
Inventory vs Cash And Short Term Investments
Inventory vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jupiter Life Line Inventory account and Cash And Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jupiter Life's Inventory and Cash And Short Term Investments is 0.9. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Jupiter Life Line, assuming nothing else is changed. The correlation between historical values of Jupiter Life's Inventory and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Jupiter Life Line are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Inventory i.e., Jupiter Life's Inventory and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Inventory
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Jupiter Life Line balance sheet. This account contains Jupiter Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Jupiter Life Line fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from Jupiter Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Life Line 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 Jupiter Life Line. 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 2.1 B in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 366.5M | 422.7M | 263.4M | 357.3M | Depreciation And Amortization | 361.6M | 385.6M | 423.8M | 382.2M |
Jupiter Life fundamental ratios Correlations
Click cells to compare fundamentals
Jupiter Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Jupiter Stock Analysis
When running Jupiter Life's price analysis, check to measure Jupiter Life'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 Jupiter Life is operating at the current time. Most of Jupiter Life's value examination focuses on studying past and present price action to predict the probability of Jupiter Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Life's price. Additionally, you may evaluate how the addition of Jupiter Life to your portfolios can decrease your overall portfolio volatility.