JBGS Stock | | | USD 15.36 0.22 1.45% |
JBG SMITH financial indicator trend analysis is infinitely more than just investigating JBG SMITH Properties recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JBG SMITH Properties is a good investment. Please check the relationship between JBG SMITH Depreciation and its Other Non Cash Items accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
Depreciation vs Other Non Cash Items
Depreciation vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JBG SMITH Properties Depreciation account and
Other Non Cash Items. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between JBG SMITH's Depreciation and Other Non Cash Items is -0.28. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of JBG SMITH Properties, assuming nothing else is changed. The correlation between historical values of JBG SMITH's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of JBG SMITH Properties are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., JBG SMITH's Depreciation and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of JBG SMITH Properties value has been used up. For tax purposes JBG SMITH can deduct the cost of the tangible assets it purchases as business expenses. However, JBG SMITH Properties must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Other Non Cash Items
Most indicators from JBG SMITH's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JBG SMITH Properties 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 JBG SMITH Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in price.
At this time, JBG SMITH's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Tax Provision is likely to drop (310.8
K) in 2024.
JBG SMITH fundamental ratios Correlations
Click cells to compare fundamentals
JBG SMITH Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JBG SMITH fundamental ratios Accounts
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Additional Tools for JBG Stock Analysis
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measure JBG SMITH'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 JBG SMITH is operating at the current time. Most of JBG SMITH's value examination focuses on studying past and present price action to
predict the probability of JBG SMITH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBG SMITH's price. Additionally, you may evaluate how the addition of JBG SMITH to your portfolios can decrease your overall portfolio volatility.