Janux Capital Expenditures vs Stock Based Compensation Analysis

JANX Stock  USD 59.61  1.95  3.17%   
Janux Therapeutics financial indicator trend analysis is infinitely more than just investigating Janux Therapeutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Janux Therapeutics is a good investment. Please check the relationship between Janux Therapeutics Capital Expenditures and its Stock Based Compensation accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janux Therapeutics. 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.
For more information on how to buy Janux Stock please use our How to Invest in Janux Therapeutics guide.

Capital Expenditures vs Stock Based Compensation

Capital Expenditures vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Janux Therapeutics Capital Expenditures account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Janux Therapeutics' Capital Expenditures and Stock Based Compensation is 0.63. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Janux Therapeutics, assuming nothing else is changed. The correlation between historical values of Janux Therapeutics' Capital Expenditures and Stock Based Compensation 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 Janux Therapeutics are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Capital Expenditures i.e., Janux Therapeutics' Capital Expenditures and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Expenditures

Capital Expenditures are funds used by Janux Therapeutics to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Janux Therapeutics operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Janux Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Janux Therapeutics 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 Janux Therapeutics. 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.
For more information on how to buy Janux Stock please use our How to Invest in Janux Therapeutics guide.At this time, Janux Therapeutics' Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to rise to about 850.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense370K4.0M4.6M4.9M
Depreciation And Amortization113K841K2.0M2.1M

Janux Therapeutics fundamental ratios Correlations

0.710.970.971.00.970.79-0.63-0.841.00.910.80.751.00.960.430.520.990.741.00.79-0.481.01.01.0-0.81
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0.970.790.970.970.940.84-0.62-0.830.960.950.840.720.970.940.390.520.960.750.970.83-0.440.970.970.96-0.71
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0.970.70.940.940.970.84-0.52-0.90.970.870.850.840.971.00.610.50.970.720.970.84-0.660.970.970.97-0.8
0.790.940.890.840.770.84-0.18-0.960.780.751.00.920.770.880.720.730.830.860.771.0-0.740.770.810.77-0.59
-0.63-0.11-0.53-0.62-0.64-0.52-0.180.16-0.62-0.78-0.180.01-0.65-0.470.29-0.22-0.57-0.38-0.63-0.15-0.22-0.65-0.59-0.650.66
-0.84-0.86-0.9-0.83-0.83-0.9-0.960.16-0.84-0.71-0.97-0.98-0.82-0.93-0.8-0.68-0.88-0.81-0.83-0.970.82-0.83-0.86-0.830.67
1.00.680.970.961.00.970.78-0.62-0.840.90.790.751.00.960.450.520.990.731.00.78-0.51.01.01.0-0.82
0.910.650.90.950.90.870.75-0.78-0.710.90.750.570.910.870.270.570.890.770.90.72-0.320.910.90.91-0.79
0.80.930.890.840.780.851.0-0.18-0.970.790.750.930.780.890.730.730.840.860.781.0-0.750.780.820.78-0.6
0.750.810.80.720.730.840.920.01-0.980.750.570.930.730.870.90.60.790.710.730.94-0.90.730.770.73-0.57
1.00.680.960.971.00.970.77-0.65-0.821.00.910.780.730.960.420.490.990.711.00.76-0.471.01.01.0-0.81
0.960.740.950.940.961.00.88-0.47-0.930.960.870.890.870.960.650.550.970.750.960.88-0.690.960.970.96-0.79
0.430.530.480.390.420.610.720.29-0.80.450.270.730.90.420.650.430.480.470.420.76-1.00.420.450.42-0.39
0.520.680.650.520.480.50.73-0.22-0.680.520.570.730.60.490.550.430.580.960.470.73-0.430.50.530.5-0.69
0.990.750.990.960.990.970.83-0.57-0.880.990.890.840.790.990.970.480.580.780.990.82-0.520.991.00.99-0.81
0.740.80.840.750.70.720.86-0.38-0.810.730.770.860.710.710.750.470.960.780.70.85-0.480.720.750.72-0.78
1.00.690.960.971.00.970.77-0.63-0.831.00.90.780.731.00.960.420.470.990.70.76-0.471.01.01.0-0.79
0.790.930.880.830.770.841.0-0.15-0.970.780.721.00.940.760.880.760.730.820.850.76-0.770.770.810.76-0.59
-0.48-0.53-0.51-0.44-0.47-0.66-0.74-0.220.82-0.5-0.32-0.75-0.9-0.47-0.69-1.0-0.43-0.52-0.48-0.47-0.77-0.47-0.5-0.480.44
1.00.680.960.971.00.970.77-0.65-0.831.00.910.780.731.00.960.420.50.990.721.00.77-0.471.01.0-0.81
1.00.740.980.971.00.970.81-0.59-0.861.00.90.820.771.00.970.450.531.00.751.00.81-0.51.01.0-0.78
1.00.680.960.961.00.970.77-0.65-0.831.00.910.780.731.00.960.420.50.990.721.00.76-0.481.01.0-0.82
-0.81-0.39-0.76-0.71-0.79-0.8-0.590.660.67-0.82-0.79-0.6-0.57-0.81-0.79-0.39-0.69-0.81-0.78-0.79-0.590.44-0.81-0.78-0.82
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Janux Therapeutics Account Relationship Matchups

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When running Janux Therapeutics' price analysis, check to measure Janux Therapeutics' 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 Janux Therapeutics is operating at the current time. Most of Janux Therapeutics' value examination focuses on studying past and present price action to predict the probability of Janux Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janux Therapeutics' price. Additionally, you may evaluate how the addition of Janux Therapeutics to your portfolios can decrease your overall portfolio volatility.