600015 Stock | | | 7.25 0.07 0.97% |
Hua Xia financial indicator trend analysis is much more than just examining Hua Xia Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hua Xia Bank is a good investment. Please check the relationship between Hua Xia Long Term Investments and its Total Stockholder Equity accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hua Xia Bank. 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 Total Stockholder Equity
Long Term Investments vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hua Xia Bank Long Term Investments account and
Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hua Xia's Long Term Investments and Total Stockholder Equity is 0.9. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Hua Xia Bank, assuming nothing else is changed. The correlation between historical values of Hua Xia's Long Term Investments and Total Stockholder Equity 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 Hua Xia Bank are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Long Term Investments i.e., Hua Xia's Long Term Investments and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Long Term Investments
Long Term Investments is an item on the asset side of Hua Xia balance sheet that represents investments Hua Xia Bank intends to hold for over a year. Hua Xia Bank long term investments may include different instruments such as stocks, bonds, real estate and cash.
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Hua Xia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hua Xia Bank 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 Hua Xia Bank. 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.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 8
B. In addition to that,
Tax Provision is expected to decline to about 7.4
BHua Xia fundamental ratios Correlations
Click cells to compare fundamentals
Hua Xia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hua Xia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hua Stock
Balance Sheet is a snapshot of the
financial position of Hua Xia Bank at a specified time, usually calculated after every quarter, six months, or one year. Hua Xia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hua Xia 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 Hua currently owns. An asset can also be divided into two categories, current and non-current.