| FLX Stock | | | 7.96 0.25 3.05% |
BingEx financial indicator trend analysis is way more than just evaluating BingEx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BingEx is a good investment. Please check the relationship between BingEx Depreciation and its Investments accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in BingEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy BingEx Stock please use our
How to Invest in BingEx guide.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
BingEx Depreciation account and
Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between BingEx's Depreciation and Investments is 0.23. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of BingEx, assuming nothing else is changed. The correlation between historical values of BingEx's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of BingEx are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., BingEx's Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | 0.23 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of BingEx value has been used up. For tax purposes BingEx can deduct the cost of the tangible assets it purchases as business expenses. However, BingEx must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from BingEx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BingEx 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 BingEx. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy BingEx Stock please use our
How to Invest in BingEx guide.
Selling General Administrative is likely to rise to about 265.1
M in 2025
BingEx fundamental ratios Correlations
Click cells to compare fundamentals
BingEx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for BingEx Stock Analysis
When running BingEx's price analysis, check to
measure BingEx'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 BingEx is operating at the current time. Most of BingEx's value examination focuses on studying past and present price action to
predict the probability of BingEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BingEx's price. Additionally, you may evaluate how the addition of BingEx to your portfolios can decrease your overall portfolio volatility.