JSWENERGY | | | 654.65 8.15 1.23% |
JSW Energy financial indicator trend analysis is infinitely more than just investigating JSW Energy Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JSW Energy Limited is a good investment. Please check the relationship between JSW Energy Cash And Short Term Investments and its Total Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JSW Energy 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 board of governors.
Cash And Short Term Investments vs Total Assets
Cash And Short Term Investments vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JSW Energy Limited Cash And Short Term Investments account and
Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between JSW Energy's Cash And Short Term Investments and Total Assets is 0.9. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of JSW Energy Limited, assuming nothing else is changed. The correlation between historical values of JSW Energy's Cash And Short Term Investments and Total 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 Cash And Short Term Investments of JSW Energy Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Cash And Short Term Investments i.e., JSW Energy's Cash And Short Term Investments and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of JSW Energy Limited balance sheet. This account contains JSW Energy investments that will expire within one year. These investments include stocks and bonds that can be liquidated by JSW Energy Limited 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.
Total Assets
Total assets refers to the total amount of JSW Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in JSW Energy Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from JSW Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JSW Energy Limited 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 JSW Energy 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 board of governors.
As of 12/02/2024,
Selling General Administrative is likely to drop to about 836.9
M. In addition to that,
Tax Provision is likely to drop to about 4
BJSW Energy fundamental ratios Correlations
Click cells to compare fundamentals
JSW Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JSW Energy fundamental ratios Accounts
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 JSW Stock Analysis
When running JSW Energy's price analysis, check to
measure JSW Energy'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 JSW Energy is operating at the current time. Most of JSW Energy's value examination focuses on studying past and present price action to
predict the probability of JSW Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSW Energy's price. Additionally, you may evaluate how the addition of JSW Energy to your portfolios can decrease your overall portfolio volatility.