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 Total Operating Expenses and its Income Before Tax 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.
Total Operating Expenses vs Income Before Tax
Total Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SJW Group Common Total Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SJW Group's Total Operating Expenses and Income Before Tax is 0.42. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Income Before Tax 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 Total Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of SJW Group Common are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Operating Expenses i.e., SJW Group's Total Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on SJW Group income statement and is an important metric when analyzing SJW Group Common profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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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measure SJW Group'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 SJW Group is operating at the current time. Most of SJW Group's value examination focuses on studying past and present price action to
predict the probability of SJW Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SJW Group's price. Additionally, you may evaluate how the addition of SJW Group to your portfolios can decrease your overall portfolio volatility.