300616 Stock | | | 13.29 0.47 3.42% |
Guangzhou Shangpin financial indicator trend analysis is much more than just examining Guangzhou Shangpin Home latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Shangpin Home is a good investment. Please check the relationship between Guangzhou Shangpin Total Assets and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Shangpin Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Assets vs Other Liab
Total Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Shangpin Home Total Assets account and
Other Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Shangpin's Total Assets and Other Liab is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Guangzhou Shangpin Home, assuming nothing else is changed. The correlation between historical values of Guangzhou Shangpin's Total Assets and Other 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 Total Assets of Guangzhou Shangpin Home are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Total Assets i.e., Guangzhou Shangpin's Total Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Guangzhou Shangpin assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Guangzhou Shangpin Home books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Other Liab
Most indicators from Guangzhou Shangpin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Shangpin Home 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 Guangzhou Shangpin Home. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 1.3
B, whereas
Tax Provision is projected to grow to (9.5
M).
Guangzhou Shangpin fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Shangpin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Shangpin 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 Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Shangpin Home at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Shangpin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Shangpin 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.