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 Total Revenue and its Total Assets 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.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lufax Holding Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lufax Holding's Total Revenue and Total Assets is 0.87. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Lufax Holding are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Lufax Holding's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Lufax Holding generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Total Assets
Total assets refers to the total amount of Lufax Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lufax Holding books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, 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
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.