Digjam Cash And Short Term Investments vs Common Stock Shares Outstanding Analysis

DIGJAMLMTD   90.00  0.29  0.32%   
Digjam financial indicator trend analysis is much more than just examining Digjam Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digjam Limited is a good investment. Please check the relationship between Digjam Cash And Short Term Investments and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digjam 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 nation.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digjam Limited Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Digjam's Cash And Short Term Investments and Common Stock Shares Outstanding is -0.14. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Digjam Limited, assuming nothing else is changed. The correlation between historical values of Digjam's Cash And Short Term Investments and Common Stock Shares 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 Cash And Short Term Investments of Digjam Limited are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Digjam's Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Digjam Limited balance sheet. This account contains Digjam investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Digjam Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Digjam's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digjam 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digjam 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 nation.
The value of Selling General Administrative is expected to slide to about 4.7 M

Digjam fundamental ratios Correlations

-0.630.05-0.05-0.56-0.41-0.51-0.360.060.42-0.71-0.14-0.560.09-0.04-0.14-0.470.59-0.710.1-0.51-0.31-0.7-0.56-0.5-0.67
-0.63-0.07-0.150.670.810.930.57-0.05-0.290.95-0.360.98-0.270.5-0.360.73-0.730.93-0.560.820.30.860.650.840.93
0.05-0.070.70.51-0.590.03-0.271.0-0.69-0.07-0.340.050.04-0.64-0.34-0.460.56-0.14-0.36-0.550.88-0.370.54-0.580.02
-0.05-0.150.70.56-0.59-0.09-0.450.7-0.74-0.07-0.26-0.020.23-0.29-0.26-0.50.27-0.29-0.2-0.350.76-0.460.48-0.510.03
-0.560.670.510.560.180.690.070.51-0.870.75-0.370.74-0.140.05-0.370.13-0.410.52-0.550.360.840.340.940.280.82
-0.410.81-0.59-0.590.180.710.7-0.570.250.76-0.220.72-0.250.75-0.220.89-0.80.81-0.350.92-0.30.890.130.960.69
-0.510.930.03-0.090.690.710.590.04-0.40.92-0.30.95-0.560.44-0.30.53-0.680.8-0.480.760.360.70.740.760.92
-0.360.57-0.27-0.450.070.70.59-0.250.250.51-0.350.52-0.420.47-0.350.72-0.370.54-0.410.62-0.180.60.060.560.43
0.06-0.051.00.70.51-0.570.04-0.25-0.67-0.07-0.380.070.06-0.61-0.38-0.440.57-0.14-0.39-0.540.87-0.370.53-0.570.02
0.42-0.29-0.69-0.74-0.870.25-0.40.25-0.67-0.430.05-0.390.210.330.050.330.12-0.180.20.04-0.90.03-0.90.09-0.53
-0.710.95-0.07-0.070.750.760.920.51-0.07-0.43-0.240.93-0.370.45-0.240.63-0.810.88-0.470.830.330.820.720.820.99
-0.14-0.36-0.34-0.26-0.37-0.22-0.3-0.35-0.380.05-0.24-0.43-0.28-0.381.0-0.39-0.1-0.20.94-0.2-0.34-0.1-0.17-0.06-0.26
-0.560.980.05-0.020.740.720.950.520.07-0.390.93-0.43-0.280.5-0.430.62-0.670.86-0.620.770.410.740.730.770.93
0.09-0.270.040.23-0.14-0.25-0.56-0.420.060.21-0.37-0.28-0.28-0.04-0.280.060.33-0.21-0.21-0.270.0-0.18-0.34-0.32-0.37
-0.040.5-0.64-0.290.050.750.440.47-0.610.330.45-0.380.5-0.04-0.380.63-0.680.34-0.360.83-0.380.43-0.080.720.41
-0.14-0.36-0.34-0.26-0.37-0.22-0.3-0.35-0.380.05-0.241.0-0.43-0.28-0.38-0.39-0.1-0.20.94-0.2-0.34-0.1-0.17-0.06-0.26
-0.470.73-0.46-0.50.130.890.530.72-0.440.330.63-0.390.620.060.63-0.39-0.560.77-0.510.76-0.240.860.010.780.54
0.59-0.730.560.27-0.41-0.8-0.68-0.370.570.12-0.81-0.1-0.670.33-0.68-0.1-0.56-0.670.07-0.920.13-0.73-0.38-0.91-0.78
-0.710.93-0.14-0.290.520.810.80.54-0.14-0.180.88-0.20.86-0.210.34-0.20.77-0.67-0.390.720.180.960.530.830.85
0.1-0.56-0.36-0.2-0.55-0.35-0.48-0.41-0.390.2-0.470.94-0.62-0.21-0.360.94-0.510.07-0.39-0.34-0.45-0.29-0.36-0.22-0.47
-0.510.82-0.55-0.350.360.920.760.62-0.540.040.83-0.20.77-0.270.83-0.20.76-0.920.72-0.34-0.160.780.30.940.78
-0.310.30.880.760.84-0.30.36-0.180.87-0.90.33-0.340.410.0-0.38-0.34-0.240.130.18-0.45-0.16-0.060.84-0.220.42
-0.70.86-0.37-0.460.340.890.70.6-0.370.030.82-0.10.74-0.180.43-0.10.86-0.730.96-0.290.78-0.060.320.880.76
-0.560.650.540.480.940.130.740.060.53-0.90.72-0.170.73-0.34-0.08-0.170.01-0.380.53-0.360.30.840.320.280.79
-0.50.84-0.58-0.510.280.960.760.56-0.570.090.82-0.060.77-0.320.72-0.060.78-0.910.83-0.220.94-0.220.880.280.77
-0.670.930.020.030.820.690.920.430.02-0.530.99-0.260.93-0.370.41-0.260.54-0.780.85-0.470.780.420.760.790.77
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Digjam Account Relationship Matchups

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Other Information on Investing in Digjam Stock

Balance Sheet is a snapshot of the financial position of Digjam Limited at a specified time, usually calculated after every quarter, six months, or one year. Digjam Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Digjam and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Digjam currently owns. An asset can also be divided into two categories, current and non-current.