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 Non Currrent Assets Other and its Intangible Assets 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.
Non Currrent Assets Other vs Intangible Assets
Non Currrent Assets Other vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Copper Non Currrent Assets Other account and
Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangxi Copper's Non Currrent Assets Other and Intangible Assets is 0.8. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Intangible Assets 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 Non Currrent Assets Other and Intangible 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 Non Currrent Assets Other of Jiangxi Copper Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Currrent Assets Other i.e., Jiangxi Copper's Non Currrent Assets Other and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.