002215 Stock | | | 9.50 0.07 0.73% |
Shenzhen Noposion financial indicator trend analysis is much more than just breaking down Shenzhen Noposion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Noposion is a good investment. Please check the relationship between Shenzhen Noposion Property Plant Equipment and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Noposion Agrochemicals. 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.
Property Plant Equipment vs Cash
Property Plant Equipment vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Noposion Property Plant Equipment account and
Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Noposion's Property Plant Equipment and Cash is 0.89. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Cash in the same time period over historical financial statements of Shenzhen Noposion Agrochemicals, assuming nothing else is changed. The correlation between historical values of Shenzhen Noposion's Property Plant Equipment and 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 Property Plant Equipment of Shenzhen Noposion Agrochemicals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant Equipment i.e., Shenzhen Noposion's Property Plant Equipment and Cash go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant Equipment
Cash
Cash refers to the most liquid asset of Shenzhen Noposion, which is listed under current asset account on Shenzhen Noposion Agrochemicals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen Noposion customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen Noposion account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Shenzhen Noposion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Noposion 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 Noposion Agrochemicals. 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 518.4
M. The current year's
Tax Provision is expected to grow to about 24
MShenzhen Noposion fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Noposion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Noposion fundamental ratios Accounts
Also Currently Popular
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 Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Noposion at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Noposion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Noposion 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.