SJW Stock | | | USD 55.99 0.85 1.54% |
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 Cash and its Common Stock Shares Outstanding 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.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SJW Group Common Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SJW Group's Cash and Common Stock Shares Outstanding is -0.11. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding 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 Cash and Common Stock Shares Outstanding 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 SJW Group Common are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., SJW Group's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of SJW Group Common, which is listed under current asset account on SJW Group Common balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from SJW Group customers. The amounts must be unrestricted with restricted cash listed in a different SJW Group 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.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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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