XCHANGING | | | 109.58 0.39 0.36% |
Xchanging Solutions financial indicator trend analysis is more than just analyzing Xchanging Solutions current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xchanging Solutions is a good investment. Please check the relationship between Xchanging Solutions Intangible Assets and its Retained Earnings accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xchanging Solutions Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xchanging Solutions Intangible Assets account and
Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xchanging Solutions' Intangible Assets and Retained Earnings is -0.39. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Xchanging Solutions Limited, assuming nothing else is changed. The correlation between historical values of Xchanging Solutions' Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Xchanging Solutions Limited are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Xchanging Solutions' Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Xchanging Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xchanging Solutions 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xchanging Solutions Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The Xchanging Solutions' current
Tax Provision is estimated to increase to about 551
M, while
Selling General Administrative is projected to decrease to under 25.3
M.
Xchanging Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Xchanging Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xchanging Solutions fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Xchanging Stock
Balance Sheet is a snapshot of the
financial position of Xchanging Solutions at a specified time, usually calculated after every quarter, six months, or one year. Xchanging Solutions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xchanging Solutions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Xchanging currently owns. An asset can also be divided into two categories, current and non-current.