Jasper Roe vs Roic Analysis
JSPRW Stock | USD 0.22 0.01 4.76% |
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 Roe and its Roic 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 metropolitan statistical area. For more information on how to buy Jasper Stock please use our How to Invest in Jasper Therapeutics guide.
Roe vs Roic
Roe vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jasper Therapeutics Roe account and Roic. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jasper Therapeutics' Roe and Roic is 0.97. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Roic 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' Roe and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Jasper Therapeutics are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Roe i.e., Jasper Therapeutics' Roe and Roic go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Roe
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.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 metropolitan statistical area. For more information on how to buy Jasper Stock please use our How to Invest in Jasper Therapeutics guide.Selling General Administrative is likely to drop to about 11.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 61.9 M in 2024
2010 | 2023 | 2024 (projected) | Interest Income | 701K | 5.2M | 3.2M | Net Interest Income | 701K | 5.2M | 3.2M |
Jasper Therapeutics fundamental ratios Correlations
Click cells to compare fundamentals
Jasper Therapeutics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.