600007 Stock | | | 22.35 0.07 0.31% |
China World financial indicator trend analysis is way more than just evaluating China World Trade prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China World Trade is a good investment. Please check the relationship between China World Long Term Investments and its Non Currrent Assets Other accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China World Trade. 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.
Long Term Investments vs Non Currrent Assets Other
Long Term Investments vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China World Trade Long Term Investments account and
Non Currrent Assets Other. At this time, the significance of the direction appears to have pay attention.
The correlation between China World's Long Term Investments and Non Currrent Assets Other is -0.89. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of China World Trade, assuming nothing else is changed. The correlation between historical values of China World's Long Term Investments 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 Long Term Investments of China World Trade 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 Long Term Investments i.e., China World's Long Term Investments and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of China World balance sheet that represents investments China World Trade intends to hold for over a year. China World Trade long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 China World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China World Trade 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 China World Trade. 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 118.7
M, whereas
Tax Provision is forecasted to decline to about 337.1
M.
China World fundamental ratios Correlations
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China World Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China World fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China World Trade at a specified time, usually calculated after every quarter, six months, or one year. China World Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China World 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 China currently owns. An asset can also be divided into two categories, current and non-current.