300623 Stock | | | 35.91 0.43 1.21% |
Jiangsu Jiejie financial indicator trend analysis is infinitely more than just investigating Jiangsu Jiejie Micro recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Jiejie Micro is a good investment. Please check the relationship between Jiangsu Jiejie Capital Stock and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Jiejie Microelectronics. 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.
Capital Stock vs Non Currrent Assets Other
Capital Stock vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Jiejie Micro Capital Stock account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangsu Jiejie's Capital Stock and Non Currrent Assets Other is 0.61. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Jiangsu Jiejie Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangsu Jiejie's Capital Stock and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Jiangsu Jiejie Microelectronics are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Capital Stock i.e., Jiangsu Jiejie's Capital Stock and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Jiangsu Jiejie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Jiejie Micro 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 Jiangsu Jiejie Microelectronics. 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 December 1, 2024,
Tax Provision is expected to decline to about 3.4
M. In addition to that,
Selling General Administrative is expected to decline to about 60.4
MJiangsu Jiejie fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Jiejie Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Jiejie 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 Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Jiejie Micro at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Jiejie Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Jiejie 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.