300478 Stock | | | 10.60 0.04 0.38% |
Hangzhou Gaoxin financial indicator trend analysis is much more than just examining Hangzhou Gaoxin Rubber latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hangzhou Gaoxin Rubber is a good investment. Please check the relationship between Hangzhou Gaoxin Selling General Administrative and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hangzhou Gaoxin Rubber. 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.
Selling General Administrative vs Total Revenue
Selling General Administrative vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hangzhou Gaoxin Rubber Selling General Administrative account and
Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hangzhou Gaoxin's Selling General Administrative and Total Revenue is 0.69. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hangzhou Gaoxin Rubber, assuming nothing else is changed. The correlation between historical values of Hangzhou Gaoxin's Selling General Administrative and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Hangzhou Gaoxin Rubber are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Selling General Administrative i.e., Hangzhou Gaoxin's Selling General Administrative and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Selling General Administrative
Total Revenue
Total revenue comprises all receipts Hangzhou Gaoxin Rubber generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Hangzhou Gaoxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hangzhou Gaoxin Rubber 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 Hangzhou Gaoxin Rubber. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 11.5
M. The current year's
Tax Provision is expected to grow to -318.68
Hangzhou Gaoxin fundamental ratios Correlations
Click cells to compare fundamentals
Hangzhou Gaoxin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hangzhou Gaoxin fundamental ratios Accounts
Also Currently Popular
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 Hangzhou Stock
Balance Sheet is a snapshot of the
financial position of Hangzhou Gaoxin Rubber at a specified time, usually calculated after every quarter, six months, or one year. Hangzhou Gaoxin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hangzhou Gaoxin 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 Hangzhou currently owns. An asset can also be divided into two categories, current and non-current.