601928 Stock | | | 10.32 0.12 1.18% |
Jiangsu Phoenix financial indicator trend analysis is infinitely more than just investigating Jiangsu Phoenix Publ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Phoenix Publ is a good investment. Please check the relationship between Jiangsu Phoenix Common Stock and its Intangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Phoenix Publishing. 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.
Common Stock vs Intangible Assets
Common Stock vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Phoenix Publ Common Stock account and
Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jiangsu Phoenix's Common Stock and Intangible Assets is 0.29. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Jiangsu Phoenix Publishing, assuming nothing else is changed. The correlation between historical values of Jiangsu Phoenix's Common Stock and Intangible Assets 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 Jiangsu Phoenix Publishing are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Jiangsu Phoenix's Common Stock and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Jiangsu Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Phoenix Publ 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 Jiangsu Phoenix Publishing. 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.
The current year's
Selling General Administrative is expected to grow to about 1.4
B, whereas
Discontinued Operations is forecasted to decline to about 106
M.
Jiangsu Phoenix fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Phoenix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Phoenix fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Phoenix Publ at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Phoenix Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Phoenix 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.