San Property Plant Equipment vs Common Stock Analysis
| SJT Stock | USD 4.04 0.07 1.76% |
San Juan financial indicator trend analysis is much more than just breaking down San Juan Basin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether San Juan Basin is a good investment. Please check the relationship between San Juan Property Plant Equipment and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in San Juan Basin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
Property Plant Equipment vs Common Stock
Property Plant Equipment vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of San Juan Basin Property Plant Equipment account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between San Juan's Property Plant Equipment and Common Stock is 0.5. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock in the same time period over historical financial statements of San Juan Basin, assuming nothing else is changed. The correlation between historical values of San Juan's Property Plant Equipment and Common 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 Property Plant Equipment of San Juan Basin are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Property Plant Equipment i.e., San Juan's Property Plant Equipment and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.5 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Property Plant Equipment
Common Stock
Most indicators from San Juan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into San Juan Basin 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 World Market Map to better understand how to build diversified portfolios, which includes a position in San Juan Basin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. Selling General Administrative is likely to drop to about 1.7 M in 2024. Sales General And Administrative To Revenue is likely to drop to 0.03 in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 37.6M | 61.9M | 39.4M | 53.7M | Total Revenue | 37.6M | 79.0M | 53.4M | 54.5M |
San Juan fundamental ratios Correlations
Click cells to compare fundamentals
San Juan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
San Juan fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 6.5M | 6.4M | 9.9M | 8.5M | 4.3M | 4.1M | |
| Total Stockholder Equity | 5.5M | 5.1M | 3.7M | 3.0M | 2.8M | 2.6M | |
| Liabilities And Stockholders Equity | 6.5M | 6.4M | 9.9M | 8.5M | 4.3M | 4.1M | |
| Property Plant And Equipment Net | 5.5M | 5.1M | 3.7M | 3.0M | 2.8M | 2.6M | |
| Non Current Assets Total | 5.5M | 5.1M | 3.7M | 3.0M | 2.8M | 2.6M | |
| Non Currrent Assets Other | (5.5M) | (5.1M) | (3.7M) | (3.0M) | (2.8M) | (2.9M) | |
| Net Debt | (1.1M) | (1.3M) | (6.2M) | (5.5M) | (1.6M) | (1.7M) | |
| Cash | 1.1M | 1.3M | 6.2M | 5.5M | 1.6M | 1.5M | |
| Cash And Short Term Investments | 1.1M | 1.3M | 6.2M | 5.5M | 1.6M | 1.5M | |
| Other Stockholder Equity | 5.8M | 5.5M | 5.1M | 3.7M | 3.3M | 3.2M | |
| Total Liab | 1.1M | 1.3M | 6.2M | 5.5M | 1.6M | 1.5M | |
| Property Plant And Equipment Gross | 6.6M | 5.8M | 5.5M | 5.1M | 4.6M | 4.4M | |
| Total Current Assets | 1.1M | 1.3M | 6.2M | 5.5M | 1.6M | 1.5M | |
| Common Stock | 5.5M | 5.1M | 3.7M | 3.0M | 2.8M | 2.6M | |
| Other Current Liab | 79.4K | 286.5K | 5.2M | 4.5M | 574.3K | 545.6K | |
| Total Current Liabilities | 79.4K | 286.5K | 5.2M | 4.5M | 574.3K | 545.6K | |
| Net Tangible Assets | 5.8M | 5.5M | 5.1M | 3.7M | 3.3M | 5.3M | |
| Property Plant Equipment | 5.5M | 5.1M | 3.7M | 3.0M | 2.7M | 4.6M | |
| Cash And Equivalents | 1.1M | 1.3M | 6.2M | 5.5M | 6.3M | 3.9M |
Pair Trading with San Juan
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if San Juan position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in San Juan will appreciate offsetting losses from the drop in the long position's value.Moving against San Stock
| 0.88 | AR | Antero Resources Corp | PairCorr |
| 0.85 | BRN | Barnwell Industries | PairCorr |
| 0.75 | CKX | CKX Lands | PairCorr |
| 0.66 | VIST | Vista Oil Gas | PairCorr |
| 0.63 | CNX | CNX Resources Corp Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to San Juan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace San Juan when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back San Juan - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling San Juan Basin to buy it.
The correlation of San Juan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as San Juan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if San Juan Basin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for San Juan can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in San Juan Basin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for San Stock analysis
When running San Juan's price analysis, check to measure San Juan'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 San Juan is operating at the current time. Most of San Juan's value examination focuses on studying past and present price action to predict the probability of San Juan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Juan's price. Additionally, you may evaluate how the addition of San Juan to your portfolios can decrease your overall portfolio volatility.
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Is San Juan's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of San Juan. If investors know San will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about San Juan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Dividend Share 0.424 | Earnings Share 0.42 | Revenue Per Share 0.269 | Quarterly Revenue Growth (0.91) |
The market value of San Juan Basin is measured differently than its book value, which is the value of San that is recorded on the company's balance sheet. Investors also form their own opinion of San Juan's value that differs from its market value or its book value, called intrinsic value, which is San Juan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because San Juan's market value can be influenced by many factors that don't directly affect San Juan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between San Juan's value and its price as these two are different measures arrived at by different means. Investors typically determine if San Juan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, San Juan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.