600928 Stock | | | 3.83 0.02 0.52% |
Bank of XiAn financial indicator trend analysis is way more than just evaluating Bank of XiAn prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of XiAn is a good investment. Please check the relationship between Bank of XiAn Long Term Investments and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of XiAn. 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.
Long Term Investments vs Inventory
Long Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bank of XiAn Long Term Investments account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bank of XiAn's Long Term Investments and Inventory is 0.49. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Bank of XiAn, assuming nothing else is changed. The correlation between historical values of Bank of XiAn's Long Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Bank of XiAn are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Investments i.e., Bank of XiAn's Long Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Bank of XiAn balance sheet that represents investments Bank of XiAn intends to hold for over a year. Bank of XiAn long term investments may include different instruments such as stocks, bonds, real estate and cash.
Inventory
Most indicators from Bank of XiAn's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of XiAn 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 Bank of XiAn. 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
Selling General Administrative is expected to grow to about 1.3
B, whereas
Tax Provision is projected to grow to (65.8
M).
Bank of XiAn fundamental ratios Correlations
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Bank of XiAn Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of XiAn fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Bank Stock
Balance Sheet is a snapshot of the
financial position of Bank of XiAn at a specified time, usually calculated after every quarter, six months, or one year. Bank of XiAn Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of XiAn 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 Bank currently owns. An asset can also be divided into two categories, current and non-current.