JUMP Stock | | | CAD 0.05 0.00 0.00% |
Leveljump Healthcare financial indicator trend analysis is infinitely more than just investigating Leveljump Healthcare Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Leveljump Healthcare Corp is a good investment. Please check the relationship between Leveljump Healthcare Cash and its Capital Stock accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Leveljump Healthcare 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 american community survey.
Cash vs Capital Stock
Cash vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Leveljump Healthcare Corp Cash account and
Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Leveljump Healthcare's Cash and Capital Stock is -0.86. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Leveljump Healthcare Corp, assuming nothing else is changed. The correlation between historical values of Leveljump Healthcare's Cash and Capital Stock 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 of Leveljump Healthcare Corp are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Cash i.e., Leveljump Healthcare's Cash and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Leveljump Healthcare Corp, which is listed under current asset account on Leveljump Healthcare Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Leveljump Healthcare customers. The amounts must be unrestricted with restricted cash listed in a different Leveljump Healthcare 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.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Leveljump Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Leveljump Healthcare 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 Leveljump Healthcare 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 american community survey.
At this time, Leveljump Healthcare's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 2.4
M in 2024.
Leveljump Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Leveljump Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Leveljump Healthcare fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Leveljump Stock Analysis
When running Leveljump Healthcare's price analysis, check to
measure Leveljump Healthcare'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 Leveljump Healthcare is operating at the current time. Most of Leveljump Healthcare's value examination focuses on studying past and present price action to
predict the probability of Leveljump Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leveljump Healthcare's price. Additionally, you may evaluate how the addition of Leveljump Healthcare to your portfolios can decrease your overall portfolio volatility.