601162 Stock | | | 4.81 0.11 2.34% |
Tianfeng Securities financial indicator trend analysis is much more than just breaking down Tianfeng Securities prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianfeng Securities is a good investment. Please check the relationship between Tianfeng Securities Other Current Assets and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianfeng Securities 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.
Other Current Assets vs Common Stock
Other Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianfeng Securities Other Current Assets account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianfeng Securities' Other Current Assets and Common Stock is 0.96. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Tianfeng Securities Co, assuming nothing else is changed. The correlation between historical values of Tianfeng Securities' Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Tianfeng Securities Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Tianfeng Securities' Other Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Common Stock
Most indicators from Tianfeng Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianfeng Securities 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 Tianfeng Securities 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 30, 2024,
Selling General Administrative is expected to decline to about 887.6
M. The current year's
Tax Provision is expected to grow to about (93.4
M)
Tianfeng Securities fundamental ratios Correlations
Click cells to compare fundamentals
Tianfeng Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianfeng Securities fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Tianfeng Stock
Balance Sheet is a snapshot of the
financial position of Tianfeng Securities at a specified time, usually calculated after every quarter, six months, or one year. Tianfeng Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianfeng Securities 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 Tianfeng currently owns. An asset can also be divided into two categories, current and non-current.