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 Non Operating Income Net Other and its Discontinued Operations 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.
Non Operating Income Net Other vs Discontinued Operations
Non Operating Income Net Other vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Future Fintech Group Non Operating Income Net Other account and
Discontinued Operations. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Future Fintech's Non Operating Income Net Other and Discontinued Operations is -0.42. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Discontinued Operations 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 Non Operating Income Net Other and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Future Fintech Group are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Non Operating Income Net Other i.e., Future Fintech's Non Operating Income Net Other and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | -0.42 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Non Operating Income Net Other
Discontinued Operations
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
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