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 Other Operating Expenses 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.
Other Operating Expenses vs Net Income
Other Operating Expenses 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 Other Operating Expenses account and
Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Judo Capital's Other Operating Expenses and Net Income is 0.89. Overlapping area represents the amount of variation of Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses 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 Other Operating Expenses i.e., Judo Capital's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Judo Capital Holdings. It is also known as Judo Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.