ELIN Stock | | | 212.90 8.50 4.16% |
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 Sale Purchase Of Stock and its Other Non Cash Items 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.
Sale Purchase Of Stock vs Other Non Cash Items
Sale Purchase Of Stock vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Elin Electronics Sale Purchase Of Stock account and
Other Non Cash Items. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Elin Electronics' Sale Purchase Of Stock and Other Non Cash Items is -0.59. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Other Non Cash Items 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' Sale Purchase Of Stock and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Elin Electronics Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Sale Purchase Of Stock i.e., Elin Electronics' Sale Purchase Of Stock and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Sale Purchase Of Stock
Other Non Cash Items
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
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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.