000998 Stock | | | 10.94 0.16 1.48% |
Yuan Longping financial indicator trend analysis is more than just analyzing Yuan Longping High current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yuan Longping High is a good investment. Please check the relationship between Yuan Longping Good Will and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yuan Longping High tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yuan Longping High Good Will account and
Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yuan Longping's Good Will and Long Term Investments is 0.66. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Yuan Longping High tech, assuming nothing else is changed. The correlation between historical values of Yuan Longping's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Yuan Longping High tech are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Yuan Longping's Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Long Term Investments
Long Term Investments is an item on the asset side of Yuan Longping balance sheet that represents investments Yuan Longping High intends to hold for over a year. Yuan Longping High tech long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Yuan Longping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yuan Longping High 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 Yuan Longping High tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 1.3
B, whereas
Tax Provision is projected to grow to (11.4
M).
Yuan Longping fundamental ratios Correlations
Click cells to compare fundamentals
Yuan Longping Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yuan Longping fundamental ratios Accounts
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Other Information on Investing in Yuan Stock
Balance Sheet is a snapshot of the
financial position of Yuan Longping High at a specified time, usually calculated after every quarter, six months, or one year. Yuan Longping Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yuan Longping 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 Yuan currently owns. An asset can also be divided into two categories, current and non-current.