Juggernaut Non Currrent Assets Other vs Short Long Term Debt Total Analysis

JUGR Stock  CAD 0.10  0.01  9.09%   
Juggernaut Exploration financial indicator trend analysis is infinitely more than just investigating Juggernaut Exploration recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juggernaut Exploration is a good investment. Please check the relationship between Juggernaut Exploration Non Currrent Assets Other and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Non Currrent Assets Other vs Short Long Term Debt Total

Non Currrent Assets Other vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juggernaut Exploration Non Currrent Assets Other account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Juggernaut Exploration's Non Currrent Assets Other and Short Long Term Debt Total is -0.25. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Juggernaut Exploration, assuming nothing else is changed. The correlation between historical values of Juggernaut Exploration's Non Currrent Assets Other and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Juggernaut Exploration are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Non Currrent Assets Other i.e., Juggernaut Exploration's Non Currrent Assets Other and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Short Long Term Debt Total

Most indicators from Juggernaut Exploration's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juggernaut Exploration 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 Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Enterprise Value is likely to climb to about 7.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 582.4 K in 2024.
 2021 2022 2023 2024 (projected)
Interest Income27.5K67.3K77.4K81.3K
Reconciled Depreciation14.6K126.7K145.7K153.0K

Juggernaut Exploration fundamental ratios Correlations

1.0-0.630.650.650.740.830.820.77-0.20.990.670.99-0.13-0.2-0.52-0.8-0.52-0.180.16-0.430.910.980.960.930.69
1.0-0.620.650.650.730.820.810.76-0.240.990.650.99-0.17-0.24-0.56-0.79-0.54-0.20.18-0.430.910.980.960.920.68
-0.63-0.62-1.0-1.0-0.06-0.31-0.23-0.97-0.08-0.5-0.17-0.50.08-0.080.020.330.310.160.040.27-0.53-0.5-0.41-0.69-0.96
0.650.65-1.01.00.10.350.260.980.080.530.210.53-0.090.08-0.04-0.35-0.32-0.16-0.04-0.280.540.530.450.710.97
0.650.65-1.01.00.10.350.260.980.080.530.210.53-0.090.08-0.04-0.35-0.32-0.16-0.04-0.280.540.530.450.710.97
0.740.73-0.060.10.10.920.920.26-0.070.80.870.80.08-0.07-0.42-0.85-0.41-0.110.02-0.320.740.860.890.640.2
0.830.82-0.310.350.350.920.990.49-0.020.850.790.850.16-0.02-0.32-0.9-0.44-0.14-0.18-0.350.830.910.920.820.47
0.820.81-0.230.260.260.920.990.42-0.090.860.780.860.12-0.09-0.39-0.87-0.47-0.16-0.09-0.340.820.90.920.810.39
0.770.76-0.970.980.980.260.490.420.050.660.340.66-0.060.05-0.13-0.5-0.38-0.19-0.02-0.340.70.660.590.820.95
-0.2-0.24-0.080.080.08-0.07-0.02-0.090.05-0.240.28-0.250.771.00.88-0.010.580.43-0.280.08-0.16-0.17-0.190.00.12
0.990.99-0.50.530.530.80.850.860.66-0.240.711.0-0.14-0.24-0.58-0.81-0.51-0.160.2-0.420.90.990.990.890.57
0.670.65-0.170.210.210.870.790.780.340.280.710.70.230.28-0.14-0.71-0.20.190.1-0.130.610.760.780.650.3
0.990.99-0.50.530.530.80.850.860.66-0.251.00.7-0.15-0.25-0.59-0.82-0.52-0.170.2-0.420.90.990.980.890.57
-0.13-0.170.08-0.09-0.090.080.160.12-0.060.77-0.140.23-0.150.770.65-0.220.640.18-0.34-0.31-0.03-0.07-0.070.06-0.01
-0.2-0.24-0.080.080.08-0.07-0.02-0.090.051.0-0.240.28-0.250.770.88-0.010.580.43-0.280.08-0.16-0.17-0.190.00.12
-0.52-0.560.02-0.04-0.04-0.42-0.32-0.39-0.130.88-0.58-0.14-0.590.650.880.320.580.31-0.390.19-0.5-0.52-0.54-0.290.01
-0.8-0.790.33-0.35-0.35-0.85-0.9-0.87-0.5-0.01-0.81-0.71-0.82-0.22-0.010.320.290.060.060.47-0.88-0.87-0.86-0.71-0.42
-0.52-0.540.31-0.32-0.32-0.41-0.44-0.47-0.380.58-0.51-0.2-0.520.640.580.580.290.52-0.250.06-0.48-0.51-0.5-0.48-0.35
-0.18-0.20.16-0.16-0.16-0.11-0.14-0.16-0.190.43-0.160.19-0.170.180.430.310.060.52-0.140.69-0.23-0.18-0.15-0.2-0.15
0.160.180.04-0.04-0.040.02-0.18-0.09-0.02-0.280.20.10.2-0.34-0.28-0.390.06-0.25-0.14-0.180.080.110.120.03-0.13
-0.43-0.430.27-0.28-0.28-0.32-0.35-0.34-0.340.08-0.42-0.13-0.42-0.310.080.190.470.060.69-0.18-0.48-0.44-0.41-0.4-0.26
0.910.91-0.530.540.540.740.830.820.7-0.160.90.610.9-0.03-0.16-0.5-0.88-0.48-0.230.08-0.480.910.90.850.55
0.980.98-0.50.530.530.860.910.90.66-0.170.990.760.99-0.07-0.17-0.52-0.87-0.51-0.180.11-0.440.910.990.890.59
0.960.96-0.410.450.450.890.920.920.59-0.190.990.780.98-0.07-0.19-0.54-0.86-0.5-0.150.12-0.410.90.990.870.51
0.930.92-0.690.710.710.640.820.810.820.00.890.650.890.060.0-0.29-0.71-0.48-0.20.03-0.40.850.890.870.77
0.690.68-0.960.970.970.20.470.390.950.120.570.30.57-0.010.120.01-0.42-0.35-0.15-0.13-0.260.550.590.510.77
Click cells to compare fundamentals

Juggernaut Exploration Account Relationship Matchups

Juggernaut Exploration fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5M15.5M15.3M11.6M13.3M14.0M
Total Stockholder Equity8.4M14.7M15.1M11.1M12.7M13.4M
Net Debt(1.3M)(4.9M)(1.9M)(468.7K)(421.8K)(442.9K)
Cash1.3M4.9M1.9M468.7K539.0K691.1K
Cash And Short Term Investments1.3M4.9M1.9M468.7K539.0K691.1K
Net Receivables104.2K110.5K148.6K417.8K480.5K504.5K
Common Stock Shares Outstanding14.6M31.7M42.9M50.8M58.5M61.4M
Liabilities And Stockholders Equity8.5M15.5M15.3M11.6M13.3M14.0M
Other Current Assets94.9K163.2K373.4K383.5K441.0K463.1K
Total Current Assets1.5M5.2M2.5M1.3M1.5M848.5K
Total Current Liabilities115.9K812.7K241.5K511.0K587.7K431.3K
Property Plant And Equipment Net6.5M10.2M12.8M10.3M11.8M12.4M
Accounts Payable44.4K264.5K143.9K350.3K402.8K423.0K
Non Current Assets Total7.0M10.3M12.9M10.3M11.9M12.5M
Other Stockholder Equity2.1M3.8M3.8M4.2M4.8M3.7M
Total Liab115.9K812.7K241.5K511.0K587.7K431.3K
Other Current Liab71.5K548.2K97.6K160.7K144.7K222.6K
Retained Earnings(12.9M)(13.7M)(13.8M)(20.4M)(18.4M)(17.5M)
Common Stock19.1M24.6M25.1M27.4M31.5M16.1M
Net Tangible Assets7.0M8.4M14.7M15.1M17.3M18.2M
Property Plant Equipment6.0M6.5M10.2M12.8M14.7M15.5M
Net Invested Capital8.4M14.7M15.1M11.1M12.7M11.5M
Net Working Capital1.4M4.3M2.2M759.0K872.8K1.6M
Capital Stock19.1M24.6M25.1M27.4M31.5M23.8M

Pair Trading with Juggernaut Exploration

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 Juggernaut Exploration 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 Juggernaut Exploration will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Juggernaut Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Juggernaut Exploration 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 Juggernaut Exploration - 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 Juggernaut Exploration to buy it.
The correlation of Juggernaut Exploration 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 Juggernaut Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Juggernaut Exploration 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 Juggernaut Exploration 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.
Pair CorrelationCorrelation Matching
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Juggernaut Exploration. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Note that the Juggernaut Exploration information on this page should be used as a complementary analysis to other Juggernaut Exploration's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Juggernaut Exploration's price analysis, check to measure Juggernaut Exploration'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 Juggernaut Exploration is operating at the current time. Most of Juggernaut Exploration's value examination focuses on studying past and present price action to predict the probability of Juggernaut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Juggernaut Exploration's price. Additionally, you may evaluate how the addition of Juggernaut Exploration to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Juggernaut Exploration's value and its price as these two are different measures arrived at by different means. Investors typically determine if Juggernaut Exploration is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Juggernaut Exploration'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.