SJW Stock | | | USD 54.33 0.78 1.46% |
SJW Group financial indicator trend analysis is much more than just breaking down SJW Group Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SJW Group Common is a good investment. Please check the relationship between SJW Group Capital Expenditures and its Dividends Paid accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Group Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Capital Expenditures vs Dividends Paid
Capital Expenditures vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SJW Group Common Capital Expenditures account and
Dividends Paid. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SJW Group's Capital Expenditures and Dividends Paid is 0.98. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of SJW Group Common, assuming nothing else is changed. The correlation between historical values of SJW Group's Capital Expenditures and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of SJW Group Common are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Capital Expenditures i.e., SJW Group's Capital Expenditures and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Capital Expenditures
Capital Expenditures are funds used by SJW Group Common to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of SJW Group operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from SJW Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SJW Group Common 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
World Market Map to better understand how to build diversified portfolios, which includes a position in SJW Group Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
At this time, SJW Group's
Issuance Of Capital Stock is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 52.6
M in 2024.
SJW Group fundamental ratios Correlations
Click cells to compare fundamentals
SJW Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SJW Group fundamental ratios Accounts
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Additional Tools for SJW Stock Analysis
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measure SJW Group'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 SJW Group is operating at the current time. Most of SJW Group's value examination focuses on studying past and present price action to
predict the probability of SJW Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SJW Group's price. Additionally, you may evaluate how the addition of SJW Group to your portfolios can decrease your overall portfolio volatility.