MAYS Stock | | | USD 42.18 0.00 0.00% |
J W financial indicator trend analysis is infinitely more than just investigating J W Mays recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether J W Mays is a good investment. Please check the relationship between J W Retained Earnings and its Current Deferred Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
Retained Earnings vs Current Deferred Revenue
Retained Earnings vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
J W Mays Retained Earnings account and
Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between J W's Retained Earnings and Current Deferred Revenue is -0.32. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of J W Mays, assuming nothing else is changed. The correlation between historical values of J W's Retained Earnings and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of J W Mays are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., J W's Retained Earnings and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from J W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into J W Mays 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
Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
At this time, J W's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 91.84 in 2024, despite the fact that
Tax Provision is likely to grow to (130.2
K).
J W fundamental ratios Correlations
Click cells to compare fundamentals
J W Account Relationship Matchups
High Positive Relationship
High Negative Relationship
J W fundamental ratios Accounts
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Additional Tools for MAYS Stock Analysis
When running J W's price analysis, check to
measure J W'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 J W is operating at the current time. Most of J W's value examination focuses on studying past and present price action to
predict the probability of J W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J W's price. Additionally, you may evaluate how the addition of J W to your portfolios can decrease your overall portfolio volatility.