600110 Stock | | | 5.14 0.38 7.98% |
Nuode Investment financial indicator trend analysis is infinitely more than just investigating Nuode Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nuode Investment is a good investment. Please check the relationship between Nuode Investment Good Will and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nuode Investment Co. 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.
Good Will vs Total Assets
Good Will vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nuode Investment Good Will account and
Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Nuode Investment's Good Will and Total Assets is -0.45. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Nuode Investment Co, assuming nothing else is changed. The correlation between historical values of Nuode Investment's Good Will and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Nuode Investment Co are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Nuode Investment's Good Will and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Assets
Total assets refers to the total amount of Nuode Investment 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 Nuode Investment 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.
Most indicators from Nuode Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nuode Investment 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 Nuode Investment Co. 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 52.7
M. In addition to that,
Tax Provision is expected to decline to about 34.8
MNuode Investment fundamental ratios Correlations
Click cells to compare fundamentals
Nuode Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nuode Investment fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Nuode Stock
Balance Sheet is a snapshot of the
financial position of Nuode Investment at a specified time, usually calculated after every quarter, six months, or one year. Nuode Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nuode Investment 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 Nuode currently owns. An asset can also be divided into two categories, current and non-current.