002049 Stock | | | 64.76 2.77 4.10% |
Unigroup Guoxin financial indicator trend analysis is much more than just breaking down Unigroup Guoxin Micr prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unigroup Guoxin Micr is a good investment. Please check the relationship between Unigroup Guoxin Other Liab and its Other Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Unigroup Guoxin Microelectronics. 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.
Other Liab vs Other Stockholder Equity
Other Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Unigroup Guoxin Micr Other Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Unigroup Guoxin's Other Liab and Other Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Unigroup Guoxin Microelectronics, assuming nothing else is changed. The correlation between historical values of Unigroup Guoxin's Other Liab 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 Other Liab of Unigroup Guoxin Microelectronics 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 Other Liab i.e., Unigroup Guoxin's Other Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Liab
Other Stockholder Equity
Most indicators from Unigroup Guoxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unigroup Guoxin Micr 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 Unigroup Guoxin Microelectronics. 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 69.7
M, whereas
Tax Provision is forecasted to decline to about 122.6
M.
Unigroup Guoxin fundamental ratios Correlations
Click cells to compare fundamentals
Unigroup Guoxin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Unigroup Guoxin fundamental ratios Accounts
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Other Information on Investing in Unigroup Stock
Balance Sheet is a snapshot of the
financial position of Unigroup Guoxin Micr at a specified time, usually calculated after every quarter, six months, or one year. Unigroup Guoxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Unigroup Guoxin 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 Unigroup currently owns. An asset can also be divided into two categories, current and non-current.