Jupiter Energy financial indicator trend analysis is infinitely more than just investigating Jupiter Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jupiter Energy is a good investment. Please check the relationship between Jupiter Energy Total Revenue and its Net Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jupiter Energy. 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.
Total Revenue vs Net Receivables
Total Revenue vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jupiter Energy Total Revenue account and
Net Receivables. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jupiter Energy's Total Revenue and Net Receivables is 0.24. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Jupiter Energy, assuming nothing else is changed. The correlation between historical values of Jupiter Energy's Total Revenue and Net Receivables 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 Revenue of Jupiter Energy are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Jupiter Energy's Total Revenue and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Jupiter Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Receivables
Most indicators from Jupiter Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jupiter Energy 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 Jupiter Energy. 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.
Selling General Administrative is likely to drop to about 89
K in 2024
Jupiter Energy fundamental ratios Correlations
Click cells to compare fundamentals
Jupiter Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jupiter Energy fundamental ratios Accounts
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Additional Tools for Jupiter Stock Analysis
When running Jupiter Energy's price analysis, check to
measure Jupiter Energy'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 Jupiter Energy is operating at the current time. Most of Jupiter Energy's value examination focuses on studying past and present price action to
predict the probability of Jupiter Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Energy's price. Additionally, you may evaluate how the addition of Jupiter Energy to your portfolios can decrease your overall portfolio volatility.