600515 Stock | | | 3.91 0.12 3.17% |
Hainan HNA financial indicator trend analysis is much more than just examining Hainan HNA Infrastructure latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan HNA Infrastructure is a good investment. Please check the relationship between Hainan HNA Common Stock and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan HNA Infrastructure. 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 overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hainan HNA Infrastructure Common Stock account and
Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Hainan HNA's Common Stock and Other Assets is 0.87. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Other Assets in the same time period over historical financial statements of Hainan HNA Infrastructure, assuming nothing else is changed. The correlation between historical values of Hainan HNA's Common Stock and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Hainan HNA Infrastructure are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock i.e., Hainan HNA's Common Stock and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Most indicators from Hainan HNA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan HNA Infrastructure 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 Hainan HNA Infrastructure. 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 726.3
M, whereas
Tax Provision is forecasted to decline to about 322.7
M.
Balance Sheet is a snapshot of the
financial position of Hainan HNA Infrastructure at a specified time, usually calculated after every quarter, six months, or one year. Hainan HNA Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hainan HNA 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 Hainan currently owns. An asset can also be divided into two categories, current and non-current.