| 601816 Stock | | | 5.54 0.06 1.07% |
Beijing-Shanghai financial indicator trend analysis is way more than just evaluating Beijing Shanghai High prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Shanghai High is a good investment. Please check the relationship between Beijing-Shanghai Minority Interest and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Shanghai High Speed. 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.
Minority Interest vs Research Development
Minority Interest vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Shanghai High Minority Interest account and
Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing-Shanghai's Minority Interest and Research Development is -0.29. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Research Development in the same time period over historical financial statements of Beijing Shanghai High Speed, assuming nothing else is changed. The correlation between historical values of Beijing-Shanghai's Minority Interest and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Beijing Shanghai High Speed are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Minority Interest i.e., Beijing-Shanghai's Minority Interest and Research Development go up and down completely randomly.
Correlation Coefficient | -0.29 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Beijing Shanghai High Speed whose combined shares represent less than 50% of the total outstanding shares issued by Beijing-Shanghai have a minority interest in Beijing-Shanghai.
Research Development
Most indicators from Beijing-Shanghai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Shanghai High 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 Shanghai High Speed. 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 28.2
M, whereas
Tax Provision is forecasted to decline to about 2.1
B.
Beijing-Shanghai fundamental ratios Correlations
Click cells to compare fundamentals
Beijing-Shanghai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing-Shanghai fundamental ratios Accounts
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Other Information on Investing in Beijing-Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Beijing Shanghai High at a specified time, usually calculated after every quarter, six months, or one year. Beijing-Shanghai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing-Shanghai 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-Shanghai currently owns. An asset can also be divided into two categories, current and non-current.