0J71 Stock | | | 182.90 0.65 0.35% |
JB Hunt financial indicator trend analysis is infinitely more than just investigating JB Hunt Transport recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Hunt Transport is a good investment. Please check the relationship between JB Hunt Net Borrowings and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. 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.
Net Borrowings vs Dividends Paid
Net Borrowings vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Hunt Transport Net Borrowings account and
Dividends Paid. At this time, the significance of the direction appears to have pay attention.
The correlation between JB Hunt's Net Borrowings and Dividends Paid is -0.77. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of JB Hunt Transport, assuming nothing else is changed. The correlation between historical values of JB Hunt's Net Borrowings 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 Net Borrowings of JB Hunt Transport 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 Net Borrowings i.e., JB Hunt's Net Borrowings and Dividends Paid go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Borrowings
The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from JB Hunt's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Hunt Transport 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. 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.
Tax Provision is likely to gain to about 288.6
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 117.6
M in 2024.
JB Hunt fundamental ratios Correlations
Click cells to compare fundamentals
JB Hunt Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JB Hunt fundamental ratios Accounts
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measure JB Hunt'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 JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to
predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.