SJW Stock | | | USD 55.14 1.33 2.36% |
SJW Group financial indicator trend analysis is much more than just breaking down SJW Group Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SJW Group Common is a good investment. Please check the relationship between SJW Group Interest Coverage and its Roic accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Group Common. 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.
Interest Coverage vs Roic
Interest Coverage vs Roic Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SJW Group Common Interest Coverage account and
Roic. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SJW Group's Interest Coverage and Roic is 0.88. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Roic in the same time period over historical financial statements of SJW Group Common, assuming nothing else is changed. The correlation between historical values of SJW Group's Interest Coverage 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 Interest Coverage of SJW Group Common 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 Interest Coverage i.e., SJW Group's Interest Coverage and Roic go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Interest Coverage
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 SJW Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SJW Group Common 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
World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Group Common. 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, SJW Group's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 52.6
M in 2024.
SJW Group fundamental ratios Correlations
Click cells to compare fundamentals
SJW Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SJW Group fundamental ratios Accounts
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Additional Tools for SJW Stock Analysis
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