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 Retained Earnings and its Short 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.
Retained Earnings vs Short Term Investments
Retained Earnings vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangxi Copper Retained Earnings account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangxi Copper's Retained Earnings and Short Term Investments is 0.57. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short 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 Retained Earnings and Short 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 Retained Earnings of Jiangxi Copper Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Retained Earnings i.e., Jiangxi Copper's Retained Earnings and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Short Term Investments
Short Term Investments is an item under the current assets section of Jiangxi Copper balance sheet. It contains any investments Jiangxi Copper Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jiangxi Copper can easily liquidate in the marketplace.
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.