MAYS Stock | | | USD 42.00 0.18 0.43% |
J W financial indicator trend analysis is infinitely more than just investigating J W Mays recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J W Mays is a good investment. Please check the relationship between J W Days Payables Outstanding and its Days Sales Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Days Payables Outstanding vs Days Sales Outstanding
Days Payables Outstanding vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
J W Mays Days Payables Outstanding account and
Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between J W's Days Payables Outstanding and Days Sales Outstanding is 0.45. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of J W Mays, assuming nothing else is changed. The correlation between historical values of J W's Days Payables Outstanding and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of J W Mays are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Days Payables Outstanding i.e., J W's Days Payables Outstanding and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.45 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Days Payables Outstanding
Days Sales Outstanding
Most indicators from J W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J W Mays 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
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, J W's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 91.84 in 2024, despite the fact that
Tax Provision is likely to grow to (130.2
K).
J W fundamental ratios Correlations
Click cells to compare fundamentals
J W Account Relationship Matchups
High Positive Relationship
High Negative Relationship
J W 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 MAYS Stock Analysis
When running J W's price analysis, check to
measure J W'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 J W is operating at the current time. Most of J W's value examination focuses on studying past and present price action to
predict the probability of J W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J W's price. Additionally, you may evaluate how the addition of J W to your portfolios can decrease your overall portfolio volatility.