601609 Stock | | | 5.98 0.09 1.53% |
Ningbo Jintian financial indicator trend analysis is infinitely more than just investigating Ningbo Jintian Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Jintian Copper is a good investment. Please check the relationship between Ningbo Jintian Investments and its Begin Period Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Jintian Copper. 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.
Investments vs Begin Period Cash Flow
Investments vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo Jintian Copper Investments account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Ningbo Jintian's Investments and Begin Period Cash Flow is 0.43. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Ningbo Jintian Copper, assuming nothing else is changed. The correlation between historical values of Ningbo Jintian's Investments and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Ningbo Jintian Copper are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Investments i.e., Ningbo Jintian's Investments and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Ningbo Jintian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Jintian Copper 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 Ningbo Jintian Copper. 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 128.1
M, whereas
Discontinued Operations is forecasted to decline to about 9.1
M.
Ningbo Jintian fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo Jintian Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo Jintian fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo Jintian Copper at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Jintian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Jintian 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.