Jasper Short Term Investments vs Net Receivables Analysis

JSPR Stock  USD 22.73  0.68  3.08%   
Jasper Therapeutics financial indicator trend analysis is infinitely more than just investigating Jasper Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jasper Therapeutics is a good investment. Please check the relationship between Jasper Therapeutics Short Term Investments and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jasper Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Jasper Stock, please use our How to Invest in Jasper Therapeutics guide.

Short Term Investments vs Net Receivables

Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jasper Therapeutics Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jasper Therapeutics' Short Term Investments and Net Receivables is 0.77. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Jasper Therapeutics, assuming nothing else is changed. The correlation between historical values of Jasper Therapeutics' Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Jasper Therapeutics are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Short Term Investments i.e., Jasper Therapeutics' Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Jasper Therapeutics balance sheet. It contains any investments Jasper Therapeutics undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jasper Therapeutics can easily liquidate in the marketplace.

Net Receivables

Most indicators from Jasper Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jasper Therapeutics 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 Jasper Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Jasper Stock, please use our How to Invest in Jasper Therapeutics guide.As of 11/25/2024, Selling General Administrative is likely to drop to about 11.2 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 61.9 M
 2010 2023 2024 (projected)
Interest Income701K5.2M3.2M
Net Interest Income701K5.2M3.2M

Jasper Therapeutics fundamental ratios Correlations

0.850.930.830.27-0.79-0.78-0.96-0.810.981.00.840.870.381.00.92-0.83-0.53-0.020.920.790.870.290.71.00.52
0.850.980.64-0.04-0.94-0.91-0.8-0.940.90.820.880.980.130.820.89-0.88-0.630.140.90.680.880.450.860.830.1
0.930.980.710.09-0.94-0.91-0.87-0.940.960.90.930.980.250.90.95-0.92-0.60.110.950.780.90.440.80.910.28
0.830.640.71-0.11-0.63-0.58-0.9-0.730.730.850.60.62-0.050.850.74-0.74-0.68-0.510.730.680.89-0.180.690.840.28
0.27-0.040.09-0.110.09-0.1-0.170.140.330.270.210.080.980.270.140.030.330.60.140.2-0.130.54-0.330.280.85
-0.79-0.94-0.94-0.630.090.880.720.94-0.82-0.74-0.95-0.97-0.08-0.74-0.940.970.56-0.07-0.94-0.84-0.88-0.39-0.71-0.76-0.15
-0.78-0.91-0.91-0.58-0.10.880.80.95-0.87-0.74-0.91-0.94-0.29-0.74-0.810.890.75-0.32-0.82-0.7-0.87-0.64-0.76-0.75-0.17
-0.96-0.8-0.87-0.9-0.170.720.80.84-0.93-0.96-0.76-0.8-0.28-0.96-0.830.80.720.1-0.82-0.7-0.92-0.23-0.77-0.96-0.4
-0.81-0.94-0.94-0.730.140.940.950.84-0.85-0.78-0.89-0.94-0.04-0.78-0.860.940.81-0.04-0.87-0.73-0.96-0.39-0.86-0.79-0.05
0.980.90.960.730.33-0.82-0.87-0.93-0.850.960.890.920.460.960.91-0.84-0.550.170.910.760.850.480.710.970.49
1.00.820.90.850.27-0.74-0.74-0.96-0.780.960.790.820.371.00.88-0.78-0.53-0.060.880.730.850.240.71.00.51
0.840.880.930.60.21-0.95-0.91-0.76-0.890.890.790.960.370.790.96-0.96-0.490.230.960.910.840.530.570.810.42
0.870.980.980.620.08-0.97-0.94-0.8-0.940.920.820.960.250.820.94-0.94-0.580.210.940.790.870.530.750.840.24
0.380.130.25-0.050.98-0.08-0.29-0.28-0.040.460.370.370.250.370.27-0.120.190.680.270.310.010.68-0.190.370.82
1.00.820.90.850.27-0.74-0.74-0.96-0.780.961.00.790.820.370.88-0.78-0.53-0.060.880.730.850.240.71.00.51
0.920.890.950.740.14-0.94-0.81-0.83-0.860.910.880.960.940.270.88-0.95-0.450.01.00.920.870.320.620.90.45
-0.83-0.88-0.92-0.740.030.970.890.80.94-0.84-0.78-0.96-0.94-0.12-0.78-0.950.620.02-0.95-0.91-0.93-0.33-0.67-0.8-0.27
-0.53-0.63-0.6-0.680.330.560.750.720.81-0.55-0.53-0.49-0.580.19-0.53-0.450.620.11-0.45-0.33-0.81-0.19-0.85-0.530.24
-0.020.140.11-0.510.6-0.07-0.320.1-0.040.17-0.060.230.210.68-0.060.00.020.110.01-0.05-0.180.93-0.11-0.050.18
0.920.90.950.730.14-0.94-0.82-0.82-0.870.910.880.960.940.270.881.0-0.95-0.450.010.920.870.330.620.890.44
0.790.680.780.680.2-0.84-0.7-0.7-0.730.760.730.910.790.310.730.92-0.91-0.33-0.050.920.780.230.350.760.58
0.870.880.90.89-0.13-0.88-0.87-0.92-0.960.850.850.840.870.010.850.87-0.93-0.81-0.180.870.780.190.830.860.16
0.290.450.44-0.180.54-0.39-0.64-0.23-0.390.480.240.530.530.680.240.32-0.33-0.190.930.330.230.190.20.260.23
0.70.860.80.69-0.33-0.71-0.76-0.77-0.860.710.70.570.75-0.190.70.62-0.67-0.85-0.110.620.350.830.20.7-0.24
1.00.830.910.840.28-0.76-0.75-0.96-0.790.971.00.810.840.371.00.9-0.8-0.53-0.050.890.760.860.260.70.52
0.520.10.280.280.85-0.15-0.17-0.4-0.050.490.510.420.240.820.510.45-0.270.240.180.440.580.160.23-0.240.52
Click cells to compare fundamentals

Jasper Therapeutics Account Relationship Matchups

Pair Trading with Jasper Therapeutics

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 Jasper Therapeutics 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 Jasper Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Jasper Stock

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The ability to find closely correlated positions to Jasper Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jasper Therapeutics 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 Jasper Therapeutics - 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 Jasper Therapeutics to buy it.
The correlation of Jasper Therapeutics 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 Jasper Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jasper Therapeutics 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 Jasper Therapeutics 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.
Pair CorrelationCorrelation Matching

Additional Tools for Jasper Stock Analysis

When running Jasper Therapeutics' price analysis, check to measure Jasper Therapeutics' 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 Jasper Therapeutics is operating at the current time. Most of Jasper Therapeutics' value examination focuses on studying past and present price action to predict the probability of Jasper Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jasper Therapeutics' price. Additionally, you may evaluate how the addition of Jasper Therapeutics to your portfolios can decrease your overall portfolio volatility.