Digjam End Period Cash Flow vs Capital Expenditures Analysis
DIGJAMLMTD | 89.71 3.20 3.70% |
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 End Period Cash Flow and its Capital Expenditures 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.
End Period Cash Flow vs Capital Expenditures
End Period Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digjam Limited End Period Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Digjam's End Period Cash Flow and Capital Expenditures is -0.31. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Capital Expenditures 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 End Period Cash Flow and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Digjam Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of End Period Cash Flow i.e., Digjam's End Period Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Capital Expenditures
Capital Expenditures are funds used by Digjam Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Digjam operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.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
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Digjam Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.