JAGSNPHARM | | | 636.65 9.80 1.52% |
Jagsonpal Pharmaceuticals financial indicator trend analysis is infinitely more than just investigating Jagsonpal Pharmaceuticals recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jagsonpal Pharmaceuticals is a good investment. Please check the relationship between Jagsonpal Pharmaceuticals Reconciled Depreciation and its Selling General Administrative accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jagsonpal Pharmaceuticals 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 board of governors.
Reconciled Depreciation vs Selling General Administrative
Reconciled Depreciation vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jagsonpal Pharmaceuticals Reconciled Depreciation account and
Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jagsonpal Pharmaceuticals' Reconciled Depreciation and Selling General Administrative is -0.06. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Jagsonpal Pharmaceuticals Limited, assuming nothing else is changed. The correlation between historical values of Jagsonpal Pharmaceuticals' Reconciled Depreciation and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Jagsonpal Pharmaceuticals Limited are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Reconciled Depreciation i.e., Jagsonpal Pharmaceuticals' Reconciled Depreciation and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Reconciled Depreciation
Selling General Administrative
Most indicators from Jagsonpal Pharmaceuticals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jagsonpal Pharmaceuticals 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 Jagsonpal Pharmaceuticals 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 board of governors.
The Jagsonpal Pharmaceuticals' current Selling General Administrative is estimated to increase to about 72.9
M, while
Tax Provision is projected to decrease to under 38.7
M.
Jagsonpal Pharmaceuticals fundamental ratios Correlations
Click cells to compare fundamentals
Jagsonpal Pharmaceuticals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jagsonpal Pharmaceuticals fundamental ratios Accounts
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Other Information on Investing in Jagsonpal Stock
Balance Sheet is a snapshot of the
financial position of Jagsonpal Pharmaceuticals at a specified time, usually calculated after every quarter, six months, or one year. Jagsonpal Pharmaceuticals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jagsonpal Pharmaceuticals 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 Jagsonpal currently owns. An asset can also be divided into two categories, current and non-current.