002429 Stock | | | 5.12 0.03 0.59% |
Shenzhen MTC financial indicator trend analysis is much more than just breaking down Shenzhen MTC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen MTC is a good investment. Please check the relationship between Shenzhen MTC Long Term Investments and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen MTC Co. 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.
Long Term Investments vs Short Term Investments
Long Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen MTC Long Term Investments account and
Short Term Investments. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenzhen MTC's Long Term Investments and Short Term Investments is 0.06. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Shenzhen MTC Co, assuming nothing else is changed. The correlation between historical values of Shenzhen MTC's Long Term Investments and Short 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 Long Term Investments of Shenzhen MTC Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Shenzhen MTC's Long Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Shenzhen MTC balance sheet that represents investments Shenzhen MTC intends to hold for over a year. Shenzhen MTC Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Term Investments
Short Term Investments is an item under the current assets section of Shenzhen MTC balance sheet. It contains any investments Shenzhen MTC Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shenzhen MTC can easily liquidate in the marketplace.
Most indicators from Shenzhen MTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen MTC 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 Shenzhen MTC Co. 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 387
M. The current year's
Tax Provision is expected to grow to about 67.1
MShenzhen MTC fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen MTC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen MTC fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen MTC at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen MTC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen MTC 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.