FINV Stock | | | USD 6.24 0.06 0.97% |
FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Net Interest Income and its Reconciled Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.
Net Interest Income vs Reconciled Depreciation
Net Interest Income vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
FinVolution Group Net Interest Income account and
Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between FinVolution's Net Interest Income and Reconciled Depreciation is 0.92. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Net Interest Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of FinVolution Group are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Interest Income i.e., FinVolution's Net Interest Income and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Reconciled Depreciation
Most indicators from FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 FinVolution Group. 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.
At this time, FinVolution's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 0.74 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.
| 2023 | 2024 (projected) |
Interest Income | 1.3B | 1.3B | Tax Provision | 468.5M | 315.3M |
FinVolution fundamental ratios Correlations
Click cells to compare fundamentals
FinVolution Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FinVolution fundamental ratios Accounts
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Additional Tools for FinVolution Stock Analysis
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measure FinVolution's 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 FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to
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