601108 Stock | | | 8.32 0.04 0.48% |
Caitong Securities financial indicator trend analysis is way more than just evaluating Caitong Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caitong Securities is a good investment. Please check the relationship between Caitong Securities Intangible Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Caitong Securities Co. 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.
Intangible Assets vs Cash
Intangible Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Caitong Securities Intangible Assets account and
Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Caitong Securities' Intangible Assets and Cash is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Caitong Securities Co, assuming nothing else is changed. The correlation between historical values of Caitong Securities' Intangible Assets 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 Intangible Assets of Caitong Securities Co 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 Intangible Assets i.e., Caitong Securities' Intangible Assets and Cash go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Cash
Cash refers to the most liquid asset of Caitong Securities, which is listed under current asset account on Caitong Securities Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Caitong Securities customers. The amounts must be unrestricted with restricted cash listed in a different Caitong Securities 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 Caitong Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caitong Securities 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 Caitong Securities Co. 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 1.7
B, whereas
Tax Provision is forecasted to decline to about 334.3
M.
Caitong Securities fundamental ratios Correlations
Click cells to compare fundamentals
Caitong Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Caitong Securities fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Caitong Stock
Balance Sheet is a snapshot of the
financial position of Caitong Securities at a specified time, usually calculated after every quarter, six months, or one year. Caitong Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Caitong Securities 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 Caitong currently owns. An asset can also be divided into two categories, current and non-current.