300281 Stock | | | 6.72 0.06 0.90% |
Guangdong Jinming financial indicator trend analysis is much more than just examining Guangdong Jinming latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Jinming is a good investment. Please check the relationship between Guangdong Jinming Common Stock and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Jinming Machinery. 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.
Common Stock vs Deferred Long Term Liab
Common Stock vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong Jinming Common Stock account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Guangdong Jinming's Common Stock and Deferred Long Term Liab is 0.24. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Guangdong Jinming Machinery, assuming nothing else is changed. The correlation between historical values of Guangdong Jinming's Common Stock and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Guangdong Jinming Machinery are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Common Stock i.e., Guangdong Jinming's Common Stock and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Guangdong Jinming's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Jinming 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 Guangdong Jinming Machinery. 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 25.1
M, whereas
Tax Provision is projected to grow to (2.4
M).
Guangdong Jinming fundamental ratios Correlations
Click cells to compare fundamentals
Guangdong Jinming Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Jinming 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 Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong Jinming at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Jinming Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Jinming 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.