| 000609 Stock | | | 2.47 0.05 1.98% |
Beijing Mainstreets financial indicator trend analysis is way more than just evaluating Beijing Mainstreets prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Mainstreets is a good investment. Please check the relationship between Beijing Mainstreets Net Interest Income and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Mainstreets Investment. 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.
Net Interest Income vs Total Operating Expenses
Net Interest Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Mainstreets Net Interest Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have very week relationship.
The correlation between Beijing Mainstreets' Net Interest Income and Total Operating Expenses is 0.24. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Beijing Mainstreets Investment, assuming nothing else is changed. The correlation between historical values of Beijing Mainstreets' Net Interest Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Beijing Mainstreets Investment are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Interest Income i.e., Beijing Mainstreets' Net Interest Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Beijing Mainstreets' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Mainstreets 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 Beijing Mainstreets Investment. 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.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 7.7
M. In addition to that,
Tax Provision is expected to decline to about 233.3
KBeijing Mainstreets fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Mainstreets Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Mainstreets fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Mainstreets at a specified time, usually calculated after every quarter, six months, or one year. Beijing Mainstreets Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Mainstreets 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.