300136 Stock | | | 25.58 0.28 1.11% |
Shenzhen Sunway financial indicator trend analysis is much more than just breaking down Shenzhen Sunway Comm prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunway Comm is a good investment. Please check the relationship between Shenzhen Sunway Cash and its Common Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunway Communication. 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.
Cash vs Common Stock
Cash vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Sunway Comm Cash account and
Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Sunway's Cash and Common Stock is 0.67. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock in the same time period over historical financial statements of Shenzhen Sunway Communication, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunway's Cash and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Shenzhen Sunway Communication are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Cash i.e., Shenzhen Sunway's Cash and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.67 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash
Cash refers to the most liquid asset of Shenzhen Sunway Comm, which is listed under current asset account on Shenzhen Sunway Communication balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen Sunway customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen Sunway 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.
Common Stock
Most indicators from Shenzhen Sunway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunway Comm 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 Sunway Communication. 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.
The current year's
Tax Provision is expected to grow to about 62.8
M, whereas
Selling General Administrative is forecasted to decline to about 112.1
M.
Shenzhen Sunway fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Sunway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Sunway 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 Sunway Comm at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Sunway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Sunway 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.