000061 Stock | | | 7.95 0.18 2.32% |
Shenzhen Agricultural financial indicator trend analysis is much more than just breaking down Shenzhen Agricultural prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Agricultural is a good investment. Please check the relationship between Shenzhen Agricultural Dividends Paid and its Change In Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Agricultural Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Dividends Paid vs Change In Cash
Dividends Paid vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Agricultural Dividends Paid account and
Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen Agricultural's Dividends Paid and Change In Cash is -0.13. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Shenzhen Agricultural Products, assuming nothing else is changed. The correlation between historical values of Shenzhen Agricultural's Dividends Paid and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Shenzhen Agricultural Products are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Dividends Paid i.e., Shenzhen Agricultural's Dividends Paid and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Change In Cash
Most indicators from Shenzhen Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Agricultural 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Agricultural Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of December 13, 2024,
Selling General Administrative is expected to decline to about 310.9
M. In addition to that,
Tax Provision is expected to decline to about 202.9
MShenzhen Agricultural fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Agricultural Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Agricultural fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Agricultural 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.