JPINFRATEC | | | 1.25 0.00 0.00% |
Jaypee Infratech financial indicator trend analysis is infinitely more than just investigating Jaypee Infratech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jaypee Infratech is a good investment. Please check the relationship between Jaypee Infratech Total Current Liabilities and its Other Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaypee Infratech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Current Liabilities vs Other Assets
Total Current Liabilities vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jaypee Infratech Total Current Liabilities account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jaypee Infratech's Total Current Liabilities and Other Assets is -0.48. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Assets in the same time period over historical financial statements of Jaypee Infratech Limited, assuming nothing else is changed. The correlation between historical values of Jaypee Infratech's Total Current Liabilities and Other 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 Total Current Liabilities of Jaypee Infratech Limited are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Total Current Liabilities i.e., Jaypee Infratech's Total Current Liabilities and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Liabilities
Total Current Liabilities is an item on Jaypee Infratech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Jaypee Infratech Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Other Assets
Most indicators from Jaypee Infratech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jaypee Infratech 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 Jaypee Infratech Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 631.6
MJaypee Infratech fundamental ratios Correlations
Click cells to compare fundamentals
Jaypee Infratech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jaypee Infratech fundamental ratios Accounts
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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.
Other Information on Investing in Jaypee Stock
Balance Sheet is a snapshot of the
financial position of Jaypee Infratech at a specified time, usually calculated after every quarter, six months, or one year. Jaypee Infratech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jaypee Infratech and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jaypee currently owns. An asset can also be divided into two categories, current and non-current.