300168 Stock | | | 8.87 0.25 2.74% |
Wonders Information financial indicator trend analysis is more than just analyzing Wonders Information current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wonders Information is a good investment. Please check the relationship between Wonders Information Inventory and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonders Information. 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.
Inventory vs Intangible Assets
Inventory vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wonders Information Inventory account and
Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wonders Information's Inventory and Intangible Assets is 0.71. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Wonders Information, assuming nothing else is changed. The correlation between historical values of Wonders Information's Inventory and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Wonders Information are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., Wonders Information's Inventory and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Inventory
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Wonders Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wonders Information 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 Wonders Information. 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 183.2
M, whereas
Tax Provision is projected to grow to (5
M).
Wonders Information fundamental ratios Correlations
Click cells to compare fundamentals
Wonders Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wonders Information fundamental ratios Accounts
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Other Information on Investing in Wonders Stock
Balance Sheet is a snapshot of the
financial position of Wonders Information at a specified time, usually calculated after every quarter, six months, or one year. Wonders Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wonders Information 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 Wonders currently owns. An asset can also be divided into two categories, current and non-current.