300033 Stock | | | 284.21 3.51 1.25% |
Hithink RoyalFlush financial indicator trend analysis is much more than just examining Hithink RoyalFlush Info latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hithink RoyalFlush Info is a good investment. Please check the relationship between Hithink RoyalFlush Cash and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hithink RoyalFlush Info. 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.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hithink RoyalFlush Info Cash account and
Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hithink RoyalFlush's Cash and Common Stock is 0.7. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Hithink RoyalFlush Info, assuming nothing else is changed. The correlation between historical values of Hithink RoyalFlush's Cash and Common 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 Cash of Hithink RoyalFlush Info are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Hithink RoyalFlush's Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Hithink RoyalFlush Info, which is listed under current asset account on Hithink RoyalFlush Info balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Hithink RoyalFlush customers. The amounts must be unrestricted with restricted cash listed in a different Hithink RoyalFlush 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.
Common Stock
Most indicators from Hithink RoyalFlush's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hithink RoyalFlush Info 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 Hithink RoyalFlush Info. 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 203.4
M. The current year's
Tax Provision is expected to grow to about 111.4
MHithink RoyalFlush fundamental ratios Correlations
Click cells to compare fundamentals
Hithink RoyalFlush Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hithink RoyalFlush 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 Hithink Stock
Balance Sheet is a snapshot of the
financial position of Hithink RoyalFlush Info at a specified time, usually calculated after every quarter, six months, or one year. Hithink RoyalFlush Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hithink RoyalFlush 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 Hithink currently owns. An asset can also be divided into two categories, current and non-current.