LX Stock | | | USD 3.39 0.09 2.73% |
Lexinfintech Holdings financial indicator trend analysis is infinitely more than just investigating Lexinfintech Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lexinfintech Holdings is a good investment. Please check the relationship between Lexinfintech Holdings Current Deferred Revenue and its Common Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lexinfintech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Lexinfintech Stock please use our
How to Invest in Lexinfintech Holdings guide.
Current Deferred Revenue vs Common Stock
Current Deferred Revenue vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lexinfintech Holdings Current Deferred Revenue account and
Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lexinfintech Holdings' Current Deferred Revenue and Common Stock is -0.51. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Common Stock in the same time period over historical financial statements of Lexinfintech Holdings, assuming nothing else is changed. The correlation between historical values of Lexinfintech Holdings' Current Deferred Revenue and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Lexinfintech Holdings are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Current Deferred Revenue i.e., Lexinfintech Holdings' Current Deferred Revenue and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Common Stock
Most indicators from Lexinfintech Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lexinfintech Holdings 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 Lexinfintech Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Lexinfintech Stock please use our
How to Invest in Lexinfintech Holdings guide.
Tax Provision is likely to drop to about 222.4
M in 2024.
Selling General Administrative is likely to drop to about 337.9
M in 2024
Lexinfintech Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Lexinfintech Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lexinfintech Holdings fundamental ratios Accounts
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Additional Tools for Lexinfintech Stock Analysis
When running Lexinfintech Holdings' price analysis, check to
measure Lexinfintech Holdings' 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 Lexinfintech Holdings is operating at the current time. Most of Lexinfintech Holdings' value examination focuses on studying past and present price action to
predict the probability of Lexinfintech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexinfintech Holdings' price. Additionally, you may evaluate how the addition of Lexinfintech Holdings to your portfolios can decrease your overall portfolio volatility.