| JXJT Stock | | | USD 1.30 0.08 6.56% |
JX Luxventure financial indicator trend analysis is infinitely more than just investigating JX Luxventure Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JX Luxventure Limited is a good investment. Please check the relationship between JX Luxventure Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JX Luxventure 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 inflation.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JX Luxventure Limited Common Stock Shares Outstanding account and
Total Current Liabilities. At this time, the significance of the direction appears to have weak relationship.
The correlation between JX Luxventure's Common Stock Shares Outstanding and Total Current Liabilities is 0.35. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of JX Luxventure Limited, assuming nothing else is changed. The correlation between historical values of JX Luxventure's Common Stock Shares Outstanding and Total Current Liabilities 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 JX Luxventure Limited are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., JX Luxventure's Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.35 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Total Current Liabilities
Total Current Liabilities is an item on JX Luxventure balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of JX Luxventure 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.
Most indicators from JX Luxventure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JX Luxventure 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 JX Luxventure 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 inflation.
At this time, JX Luxventure's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 5.05 in 2024, despite the fact that
Discontinued Operations is likely to grow to (25.5
M).
JX Luxventure fundamental ratios Correlations
Click cells to compare fundamentals
JX Luxventure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JX Luxventure fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for JXJT Stock Analysis
When running JX Luxventure's price analysis, check to
measure JX Luxventure'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 JX Luxventure is operating at the current time. Most of JX Luxventure's value examination focuses on studying past and present price action to
predict the probability of JX Luxventure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JX Luxventure's price. Additionally, you may evaluate how the addition of JX Luxventure to your portfolios can decrease your overall portfolio volatility.