JetAI Common Stock Shares Outstanding vs Cash Analysis

JTAI Stock   5.93  0.16  2.63%   
JetAI financial indicator trend analysis is infinitely more than just investigating JetAI Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JetAI Inc is a good investment. Please check the relationship between JetAI Common Stock Shares Outstanding and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock Shares Outstanding vs Cash

Common Stock Shares Outstanding vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JetAI Inc Common Stock Shares Outstanding account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between JetAI's Common Stock Shares Outstanding and Cash is 0.69. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash in the same time period over historical financial statements of JetAI Inc, assuming nothing else is changed. The correlation between historical values of JetAI's Common Stock Shares Outstanding and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of JetAI Inc are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Common Stock Shares Outstanding i.e., JetAI's Common Stock Shares Outstanding and Cash go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Cash

Cash refers to the most liquid asset of JetAI Inc, which is listed under current asset account on JetAI Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from JetAI customers. The amounts must be unrestricted with restricted cash listed in a different JetAI account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from JetAI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JetAI Inc 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 JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current Tax Provision is estimated to decrease to 1,783. The current Selling General Administrative is estimated to decrease to about 9.5 M
 2010 2022 2023 2024 (projected)
Total Operating Expenses15.7M9.8M12.3M10.1M
Cost Of Revenue1.4M19.8M12.4M12.3M

JetAI fundamental ratios Correlations

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0.610.02-0.750.440.550.820.580.390.380.840.890.63-0.410.940.670.970.790.93-0.810.790.320.730.820.65-0.34
0.830.2-0.940.740.830.820.790.670.660.90.90.85-0.690.870.870.810.90.86-0.860.90.510.890.860.86-0.54
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0.960.15-0.840.990.50.390.670.71.00.80.740.89-1.00.650.890.50.840.66-0.840.840.930.860.830.89-0.95
0.960.14-0.840.980.50.380.660.691.00.80.740.89-1.00.640.890.50.840.66-0.840.840.930.860.830.88-0.95
0.910.18-0.930.830.630.840.90.830.80.80.990.94-0.830.960.960.890.990.96-0.990.990.680.980.980.95-0.71
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0.920.16-0.880.90.580.630.850.830.890.890.940.9-0.910.811.00.690.970.8-0.90.970.70.990.891.0-0.73
-0.96-0.150.85-0.98-0.51-0.41-0.69-0.72-1.0-1.0-0.83-0.76-0.91-0.67-0.91-0.52-0.86-0.680.85-0.86-0.91-0.89-0.85-0.910.93
0.810.17-0.880.70.620.940.870.770.650.640.960.990.81-0.670.850.980.931.0-0.960.930.570.890.960.83-0.59
0.930.16-0.90.90.60.670.870.840.890.890.960.921.0-0.910.850.730.980.84-0.930.980.711.00.921.0-0.74
0.70.16-0.80.560.580.970.810.690.50.50.890.940.69-0.520.980.730.840.98-0.890.840.460.790.890.71-0.47
0.930.17-0.930.860.630.790.90.840.840.840.990.980.97-0.860.930.980.840.92-0.971.00.690.990.970.98-0.72
0.820.17-0.880.710.620.930.860.750.660.660.960.980.8-0.681.00.840.980.92-0.960.920.610.880.960.82-0.62
-0.94-0.180.94-0.87-0.63-0.81-0.86-0.8-0.84-0.84-0.99-0.98-0.90.85-0.96-0.93-0.89-0.97-0.96-0.97-0.77-0.95-1.0-0.920.79
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0.890.13-0.760.920.430.320.510.540.930.930.680.630.7-0.910.570.710.460.690.61-0.770.690.690.780.7-1.0
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0.930.16-0.890.890.590.650.860.830.890.880.950.911.0-0.910.831.00.710.980.82-0.920.980.70.990.91-0.73
-0.91-0.140.78-0.94-0.45-0.34-0.54-0.57-0.95-0.95-0.71-0.65-0.730.93-0.59-0.74-0.47-0.72-0.620.79-0.72-1.0-0.73-0.79-0.73
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JetAI Account Relationship Matchups

Currently Active Assets on Macroaxis

When determining whether JetAI Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of JetAI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jetai Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jetai Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetAI Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JetAI. If investors know JetAI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JetAI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(191.17)
Revenue Per Share
319.908
Quarterly Revenue Growth
0.104
Return On Assets
(2.20)
Return On Equity
(31.99)
The market value of JetAI Inc is measured differently than its book value, which is the value of JetAI that is recorded on the company's balance sheet. Investors also form their own opinion of JetAI's value that differs from its market value or its book value, called intrinsic value, which is JetAI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JetAI's market value can be influenced by many factors that don't directly affect JetAI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JetAI's value and its price as these two are different measures arrived at by different means. Investors typically determine if JetAI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetAI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.