ELIN Stock | | | 204.40 2.70 1.34% |
Elin Electronics financial indicator trend analysis is much more than just examining Elin Electronics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elin Electronics is a good investment. Please check the relationship between Elin Electronics Change In Cash and its Dividends Paid accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. 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.
Change In Cash vs Dividends Paid
Change In Cash vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Elin Electronics Change In Cash account and
Dividends Paid. At this time, the significance of the direction appears to have weak relationship.
The correlation between Elin Electronics' Change In Cash and Dividends Paid is 0.38. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Elin Electronics Limited, assuming nothing else is changed. The correlation between historical values of Elin Electronics' Change In Cash and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Elin Electronics Limited are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change In Cash i.e., Elin Electronics' Change In Cash and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.38 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change In Cash
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Elin Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elin Electronics 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elin Electronics Limited. 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.
Selling General Administrative is likely to gain to about 36.4
M in 2024
Elin Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Elin Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Elin Electronics fundamental ratios Accounts
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Additional Tools for Elin Stock Analysis
When running Elin Electronics' price analysis, check to
measure Elin Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elin Electronics is operating at the current time. Most of Elin Electronics' value examination focuses on studying past and present price action to
predict the probability of Elin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elin Electronics' price. Additionally, you may evaluate how the addition of Elin Electronics to your portfolios can decrease your overall portfolio volatility.