688082 Stock | | | 104.38 0.87 0.84% |
ACM Research financial indicator trend analysis is way more than just evaluating ACM Research Shanghai prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACM Research Shanghai is a good investment. Please check the relationship between ACM Research Common Stock and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ACM Research Shanghai. 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.
For information on how to trade ACM Stock refer to our
How to Trade ACM Stock guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ACM Research Shanghai Common Stock account and
Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ACM Research's Common Stock and Other Current Liab is 0.43. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of ACM Research Shanghai, assuming nothing else is changed. The correlation between historical values of ACM Research's Common Stock 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 Common Stock of ACM Research Shanghai 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 Common Stock i.e., ACM Research's Common Stock and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Most indicators from ACM Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACM Research Shanghai 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 ACM Research Shanghai. 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.
For information on how to trade ACM Stock refer to our
How to Trade ACM Stock guide.The current year's
Selling General Administrative is expected to grow to about 464.5
M, whereas
Tax Provision is forecasted to decline to about 32.7
M.
Balance Sheet is a snapshot of the
financial position of ACM Research Shanghai at a specified time, usually calculated after every quarter, six months, or one year. ACM Research Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ACM Research 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 ACM currently owns. An asset can also be divided into two categories, current and non-current.