600362 Stock | | | 20.86 0.34 1.60% |
Jiangxi Copper financial indicator trend analysis is infinitely more than just investigating Jiangxi Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Copper is a good investment. Please check the relationship between Jiangxi Copper Cash and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Copper 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 nation.
Cash vs Long Term Investments
Cash vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Copper Cash account and
Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jiangxi Copper's Cash and Long Term Investments is -0.59. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Jiangxi Copper Co, assuming nothing else is changed. The correlation between historical values of Jiangxi Copper's Cash and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jiangxi Copper Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Cash i.e., Jiangxi Copper's Cash and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Jiangxi Copper, which is listed under current asset account on Jiangxi Copper Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangxi Copper customers. The amounts must be unrestricted with restricted cash listed in a different Jiangxi Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Long Term Investments
Long Term Investments is an item on the asset side of Jiangxi Copper balance sheet that represents investments Jiangxi Copper intends to hold for over a year. Jiangxi Copper Co long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Jiangxi Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Copper 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 Jiangxi Copper 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 nation.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 935.1
M. In addition to that,
Tax Provision is expected to decline to about 1.3
BJiangxi Copper fundamental ratios Correlations
Click cells to compare fundamentals
Jiangxi Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangxi Copper fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangxi Stock
Balance Sheet is a snapshot of the
financial position of Jiangxi Copper at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Copper 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 Jiangxi currently owns. An asset can also be divided into two categories, current and non-current.