LU Stock | | | USD 2.41 0.01 0.42% |
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 Net Income and its Income Before Tax 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.
Net Income vs Income Before Tax
Net Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lufax Holding Net Income account and
Income Before Tax. At this time, the significance of the direction appears to have totally related.
The correlation between Lufax Holding's Net Income and Income Before Tax is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Income Before Tax 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 Net Income and Income Before Tax 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 Income of Lufax Holding are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Income i.e., Lufax Holding's Net Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Lufax Holding financial statement analysis. It represents the amount of money remaining after all of Lufax Holding operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lufax Holding income statement and is an important metric when analyzing Lufax Holding profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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
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 Lufax Stock Analysis
When running Lufax Holding's price analysis, check to
measure Lufax Holding'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 Lufax Holding is operating at the current time. Most of Lufax Holding's value examination focuses on studying past and present price action to
predict the probability of Lufax Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lufax Holding's price. Additionally, you may evaluate how the addition of Lufax Holding to your portfolios can decrease your overall portfolio volatility.