000719 Stock | | | 10.84 0.10 0.91% |
Central China financial indicator trend analysis is way more than just evaluating Central China Land prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Central China Land is a good investment. Please check the relationship between Central China Cash and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Central China Land. 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.
Cash vs Other Stockholder Equity
Cash vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Central China Land Cash account and
Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Central China's Cash and Other Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Central China Land, assuming nothing else is changed. The correlation between historical values of Central China's Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Central China Land are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Central China's Cash and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Central China Land, which is listed under current asset account on Central China Land balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Central China customers. The amounts must be unrestricted with restricted cash listed in a different Central China account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Other Stockholder Equity
Most indicators from Central China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Central China Land 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 Central China Land. 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.
The current year's
Selling General Administrative is expected to grow to about 161.4
M, whereas
Tax Provision is projected to grow to (175.5
M).
Central China fundamental ratios Correlations
Click cells to compare fundamentals
Central China Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Central China 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 Central Stock
Balance Sheet is a snapshot of the
financial position of Central China Land at a specified time, usually calculated after every quarter, six months, or one year. Central China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Central China 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 Central currently owns. An asset can also be divided into two categories, current and non-current.