000402 Stock | | | 3.51 0.03 0.86% |
Financial Street financial indicator trend analysis is much more than just examining Financial Street Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Financial Street Holdings is a good investment. Please check the relationship between Financial Street Reconciled Depreciation and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Financial Street 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 board of governors.
Reconciled Depreciation vs Gross Profit
Reconciled Depreciation vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Financial Street Holdings Reconciled Depreciation account and
Gross Profit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Financial Street's Reconciled Depreciation and Gross Profit is -0.4. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Financial Street Holdings, assuming nothing else is changed. The correlation between historical values of Financial Street's Reconciled Depreciation and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Financial Street Holdings are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Reconciled Depreciation i.e., Financial Street's Reconciled Depreciation and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Reconciled Depreciation
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Financial Street Holdings minus its cost of goods sold. It is profit before Financial Street operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Financial Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Financial Street 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Financial Street 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 1.1
B, whereas
Tax Provision is projected to grow to (399.8
M).
Financial Street fundamental ratios Correlations
Click cells to compare fundamentals
Financial Street Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Financial Street 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 Financial Stock
Balance Sheet is a snapshot of the
financial position of Financial Street Holdings at a specified time, usually calculated after every quarter, six months, or one year. Financial Street Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Financial Street 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 Financial currently owns. An asset can also be divided into two categories, current and non-current.