001979 Stock | | | 11.06 0.40 3.75% |
China Merchants financial indicator trend analysis is way more than just evaluating China Merchants Shekou prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Merchants Shekou is a good investment. Please check the relationship between China Merchants Short Term Debt and its Property Plant Equipment accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Merchants Shekou. 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.
Short Term Debt vs Property Plant Equipment
Short Term Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Merchants Shekou Short Term Debt account and
Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Merchants' Short Term Debt and Property Plant Equipment is 0.71. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of China Merchants Shekou, assuming nothing else is changed. The correlation between historical values of China Merchants' Short Term Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of China Merchants Shekou are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Short Term Debt i.e., China Merchants' Short Term Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Short Term Debt
Property Plant Equipment
Most indicators from China Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Merchants Shekou 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 Merchants Shekou. 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
Tax Provision is expected to grow to about 7
B, whereas
Selling General Administrative is forecasted to decline to about 3.3
B.
China Merchants fundamental ratios Correlations
Click cells to compare fundamentals
China Merchants Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Merchants 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 Merchants Shekou at a specified time, usually calculated after every quarter, six months, or one year. China Merchants Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Merchants 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.