601818 Stock | | | 3.60 0.02 0.55% |
China Everbright financial indicator trend analysis is way more than just evaluating China Everbright Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Everbright Bank is a good investment. Please check the relationship between China Everbright Common Stock and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Everbright Bank. 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.
Common Stock vs Deferred Long Term Liab
Common Stock vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Everbright Bank Common Stock account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between China Everbright's Common Stock and Deferred Long Term Liab is -0.54. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of China Everbright Bank, assuming nothing else is changed. The correlation between historical values of China Everbright's Common Stock and Deferred Long Term 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 Common Stock of China Everbright Bank are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Common Stock i.e., China Everbright's Common Stock and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.54 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Common Stock
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from China Everbright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Everbright Bank 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 China Everbright Bank. 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
Selling General Administrative is expected to grow to about 37.5
B. The current year's
Tax Provision is expected to grow to about 9.6
BChina Everbright fundamental ratios Correlations
Click cells to compare fundamentals
China Everbright Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Everbright fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Everbright Bank at a specified time, usually calculated after every quarter, six months, or one year. China Everbright Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Everbright 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 China currently owns. An asset can also be divided into two categories, current and non-current.