JDO Stock | | | 1.79 0.04 2.19% |
Judo Capital financial indicator trend analysis is infinitely more than just investigating Judo Capital Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Judo Capital Holdings is a good investment. Please check the relationship between Judo Capital Income Before Tax and its Net Income accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Judo Capital Holdings. 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.
Income Before Tax vs Net Income
Income Before Tax vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Judo Capital Holdings Income Before Tax account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Judo Capital's Income Before Tax and Net Income is 0.97. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income in the same time period over historical financial statements of Judo Capital Holdings, assuming nothing else is changed. The correlation between historical values of Judo Capital's Income Before Tax and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Judo Capital Holdings are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Income Before Tax i.e., Judo Capital's Income Before Tax and Net Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Judo Capital income statement and is an important metric when analyzing Judo Capital Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Judo Capital Holdings financial statement analysis. It represents the amount of money remaining after all of Judo Capital Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Judo Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Judo Capital Holdings 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 Judo Capital Holdings. 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 36.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 76.3
M in 2024.
Judo Capital fundamental ratios Correlations
Click cells to compare fundamentals
Judo Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Judo Capital fundamental ratios Accounts
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Additional Tools for Judo Stock Analysis
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measure Judo Capital'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 Judo Capital is operating at the current time. Most of Judo Capital's value examination focuses on studying past and present price action to
predict the probability of Judo Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Judo Capital's price. Additionally, you may evaluate how the addition of Judo Capital to your portfolios can decrease your overall portfolio volatility.