| 21STCENMGM | | | 95.50 1.95 2.00% |
21st Century financial indicator trend analysis is way more than just evaluating 21st Century Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 21st Century Management is a good investment. Please check the relationship between 21st Century Short Term Investments and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Short Term Investments vs Cash
Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
21st Century Management Short Term Investments account and
Cash. At this time, the significance of the direction appears to have almost no relationship.
The correlation between 21st Century's Short Term Investments and Cash is 0.13. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash in the same time period over historical financial statements of 21st Century Management, assuming nothing else is changed. The correlation between historical values of 21st Century's Short Term Investments and Cash 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 Investments of 21st Century Management are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., 21st Century's Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.13 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of 21st Century balance sheet. It contains any investments 21st Century Management undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that 21st Century Management can easily liquidate in the marketplace.
Cash
Cash refers to the most liquid asset of 21st Century Management, which is listed under current asset account on 21st Century Management balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from 21st Century customers. The amounts must be unrestricted with restricted cash listed in a different 21st Century account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from 21st Century's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 21st Century Management 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 21st Century Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
As of the 29th of November 2024,
Selling General Administrative is likely to drop to about 2.5
M. In addition to that,
Tax Provision is likely to drop to about 6.2
M21st Century fundamental ratios Correlations
Click cells to compare fundamentals
21st Century Account Relationship Matchups
High Positive Relationship
High Negative Relationship
21st Century 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 21st Stock
Balance Sheet is a snapshot of the
financial position of 21st Century Management at a specified time, usually calculated after every quarter, six months, or one year. 21st Century Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 21st Century 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 21st currently owns. An asset can also be divided into two categories, current and non-current.