| 000503 Stock | | | 14.17 0.93 7.02% |
China Reform financial indicator trend analysis is way more than just evaluating China Reform Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Reform Health is a good investment. Please check the relationship between China Reform Common Stock and its Total Current Liabilities accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Reform Health. 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.
Common Stock vs Total Current Liabilities
Common Stock vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Reform Health Common Stock account and
Total Current Liabilities. At this time, the significance of the direction appears to have very week relationship.
The correlation between China Reform's Common Stock and Total Current Liabilities is 0.2. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of China Reform Health, assuming nothing else is changed. The correlation between historical values of China Reform's Common Stock and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of China Reform Health are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock i.e., China Reform's Common Stock and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.2 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock
Total Current Liabilities
Total Current Liabilities is an item on China Reform balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Reform Health are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from China Reform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Reform Health 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Reform Health. 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.
At present, China Reform's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.5
M, whereas
Discontinued Operations is forecasted to decline to about 150.9
M.
China Reform fundamental ratios Correlations
Click cells to compare fundamentals
China Reform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Reform fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Reform Health at a specified time, usually calculated after every quarter, six months, or one year. China Reform Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Reform and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.