JADE Stock | | | CAD 0.02 0.00 0.00% |
Jade Leader financial indicator trend analysis is infinitely more than just investigating Jade Leader Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jade Leader Corp is a good investment. Please check the relationship between Jade Leader Property Plant Equipment and its Cash accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jade Leader Corp Property Plant Equipment account and
Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jade Leader's Property Plant Equipment and Cash is 0.44. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash in the same time period over historical financial statements of Jade Leader Corp, assuming nothing else is changed. The correlation between historical values of Jade Leader's Property Plant Equipment and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Jade Leader Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Jade Leader's Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | 0.44 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of Jade Leader Corp, which is listed under current asset account on Jade Leader Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jade Leader customers. The amounts must be unrestricted with restricted cash listed in a different Jade Leader account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Jade Leader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jade Leader Corp 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jade Leader Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Issuance Of Capital Stock is likely to climb to about 339.2
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 380.1
K in 2024.
Jade Leader fundamental ratios Correlations
Click cells to compare fundamentals
Jade Leader Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jade Leader fundamental ratios Accounts
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Additional Tools for Jade Stock Analysis
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