601211 Stock | | | 19.08 0.10 0.53% |
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 Other Assets and its Other Current Liab 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guotai Junan Securities Other Assets account and
Other Current Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guotai Junan's Other Assets and Other Current Liab is -0.49. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab 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 Other Assets and Other Current Liab 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 Assets of Guotai Junan Securities are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., Guotai Junan's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.
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.