FTFT Stock | | | USD 0.44 0.01 2.33% |
Future Fintech financial indicator trend analysis is much more than just examining Future Fintech Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Future Fintech Group is a good investment. Please check the relationship between Future Fintech Change To Inventory and its Capital Expenditures accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Future Fintech 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 census.
Change To Inventory vs Capital Expenditures
Change To Inventory vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Fintech Group Change To Inventory account and
Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.
The correlation between Future Fintech's Change To Inventory and Capital Expenditures is 0.32. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Future Fintech Group, assuming nothing else is changed. The correlation between historical values of Future Fintech's Change To Inventory and Capital Expenditures 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 To Inventory of Future Fintech Group are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Future Fintech's Change To Inventory and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.32 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Capital Expenditures
Capital Expenditures are funds used by Future Fintech Group to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Future Fintech operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Future Fintech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Future Fintech 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 Future Fintech 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 census.
Selling General Administrative is likely to gain to about 15.7
M in 2024, whereas
Discontinued Operations is likely to drop
(185.95) in 2024.
Future Fintech fundamental ratios Correlations
Click cells to compare fundamentals
Future Fintech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Future Fintech fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Future Stock Analysis
When running Future Fintech's price analysis, check to
measure Future Fintech'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 Future Fintech is operating at the current time. Most of Future Fintech's value examination focuses on studying past and present price action to
predict the probability of Future Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Future Fintech's price. Additionally, you may evaluate how the addition of Future Fintech to your portfolios can decrease your overall portfolio volatility.