601211 Stock | | | 18.93 0.16 0.85% |
Guotai Junan financial indicator trend analysis is much more than just examining Guotai Junan Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guotai Junan Securities is a good investment. Please check the relationship between Guotai Junan Good Will and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guotai Junan Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Good Will vs Common Stock
Good Will vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guotai Junan Securities Good Will account and
Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Guotai Junan's Good Will and Common Stock is 0.35. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock in the same time period over historical financial statements of Guotai Junan Securities, assuming nothing else is changed. The correlation between historical values of Guotai Junan's Good Will 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 Good Will of Guotai Junan Securities 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 Good Will i.e., Guotai Junan's Good Will and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Common Stock
Most indicators from Guotai Junan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guotai Junan 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 Guotai Junan Securities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Tax Provision is expected to grow to about 2.3
B, whereas
Selling General Administrative is forecasted to decline to about 12
B.
Guotai Junan fundamental ratios Correlations
Click cells to compare fundamentals
Guotai Junan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guotai Junan fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guotai Stock
Balance Sheet is a snapshot of the
financial position of Guotai Junan Securities at a specified time, usually calculated after every quarter, six months, or one year. Guotai Junan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guotai Junan 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 Guotai currently owns. An asset can also be divided into two categories, current and non-current.