LU Stock | | | USD 2.33 0.02 0.85% |
Lufax Holding financial indicator trend analysis is infinitely more than just investigating Lufax Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lufax Holding is a good investment. Please check the relationship between Lufax Holding Capital Lease Obligations and its Non Current Assets Total accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lufax Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lufax Stock please use our
How to Invest in Lufax Holding guide.
Capital Lease Obligations vs Non Current Assets Total
Capital Lease Obligations vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lufax Holding Capital Lease Obligations account and
Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lufax Holding's Capital Lease Obligations and Non Current Assets Total is -0.11. Overlapping area represents the amount of variation of Capital Lease Obligations that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Lufax Holding, assuming nothing else is changed. The correlation between historical values of Lufax Holding's Capital Lease Obligations and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Lease Obligations of Lufax Holding are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Capital Lease Obligations i.e., Lufax Holding's Capital Lease Obligations and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Lease Obligations
Lufax Holding capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Lufax Holding asset purchases. For example, Lufax Holding can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Lufax Holding control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Lufax Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lufax Holding 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lufax Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lufax Stock please use our
How to Invest in Lufax Holding guide.
Selling General Administrative is likely to gain to about 3.3
B in 2024, whereas
Tax Provision is likely to drop slightly above 580.1
M in 2024.
Lufax Holding fundamental ratios Correlations
Click cells to compare fundamentals
Lufax Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lufax Holding fundamental ratios Accounts
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Additional Tools for Lufax Stock Analysis
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