JBHT Stock | | | USD 190.31 0.55 0.29% |
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 Total Stockholder Equity and its Treasury Stock accounts. Check out
Risk vs Return Analysis 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 rate.
Total Stockholder Equity vs Treasury Stock
Total Stockholder Equity vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JB Hunt Transport Total Stockholder Equity account and
Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between JB Hunt's Total Stockholder Equity and Treasury Stock is -0.89. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Treasury Stock 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 Total Stockholder Equity and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of JB Hunt Transport are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Total Stockholder Equity i.e., JB Hunt's Total Stockholder Equity and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Treasury Stock
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
Risk vs Return Analysis 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 rate.
At this time, JB Hunt's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 13.61 in 2024, whereas
Tax Provision is likely to drop slightly above 208.4
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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Additional Tools for JBHT Stock Analysis
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