600499 Stock | | | 8.43 0.05 0.60% |
Keda Clean financial indicator trend analysis is infinitely more than just investigating Keda Clean Energy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keda Clean Energy is a good investment. Please check the relationship between Keda Clean Inventory and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Keda Clean Energy. 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.
Inventory vs Long Term Investments
Inventory vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Keda Clean Energy Inventory account and
Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Keda Clean's Inventory and Long Term Investments is 0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Keda Clean Energy, assuming nothing else is changed. The correlation between historical values of Keda Clean's Inventory 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 Inventory of Keda Clean Energy 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 Inventory i.e., Keda Clean's Inventory and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Long Term Investments
Long Term Investments is an item on the asset side of Keda Clean balance sheet that represents investments Keda Clean Energy intends to hold for over a year. Keda Clean Energy long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Keda Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keda Clean Energy 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 Keda Clean Energy. 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.
The current year's
Tax Provision is expected to grow to about 43.9
M, whereas
Selling General Administrative is forecasted to decline to about 351.4
M.
Keda Clean fundamental ratios Correlations
Click cells to compare fundamentals
Keda Clean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Keda Clean fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Keda Stock
Balance Sheet is a snapshot of the
financial position of Keda Clean Energy at a specified time, usually calculated after every quarter, six months, or one year. Keda Clean Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Keda Clean 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 Keda currently owns. An asset can also be divided into two categories, current and non-current.