002063 Stock | | | 6.27 0.17 2.64% |
YGSOFT financial indicator trend analysis is more than just analyzing YGSOFT Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YGSOFT Inc is a good investment. Please check the relationship between YGSOFT Other Assets and its Treasury Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in YGSOFT Inc. 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 Assets vs Treasury Stock
Other Assets vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YGSOFT Inc Other Assets account and
Treasury Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between YGSOFT's Other Assets and Treasury Stock is 0.71. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of YGSOFT Inc, assuming nothing else is changed. The correlation between historical values of YGSOFT's Other Assets and Treasury Stock 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 Assets of YGSOFT Inc are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Other Assets i.e., YGSOFT's Other Assets and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Treasury Stock
Most indicators from YGSOFT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YGSOFT Inc 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 YGSOFT Inc. 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 11.8
M, whereas
Selling General Administrative is forecasted to decline to about 110.6
M.
YGSOFT fundamental ratios Correlations
Click cells to compare fundamentals
YGSOFT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YGSOFT fundamental ratios Accounts
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Other Information on Investing in YGSOFT Stock
Balance Sheet is a snapshot of the
financial position of YGSOFT Inc at a specified time, usually calculated after every quarter, six months, or one year. YGSOFT Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YGSOFT 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 YGSOFT currently owns. An asset can also be divided into two categories, current and non-current.