CEIR Stock | | | 3.10 0.00 0.00% |
Compal Electronics financial indicator trend analysis is way more than just evaluating Compal Electronics GDR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Compal Electronics GDR is a good investment. Please check the relationship between Compal Electronics Net Receivables and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Compal Electronics GDR. 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.
Net Receivables vs Selling General Administrative
Net Receivables vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Compal Electronics GDR Net Receivables account and
Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Compal Electronics' Net Receivables and Selling General Administrative is 0.21. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Compal Electronics GDR, assuming nothing else is changed. The correlation between historical values of Compal Electronics' Net Receivables and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Compal Electronics GDR are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Compal Electronics' Net Receivables and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Receivables
Selling General Administrative
Most indicators from Compal Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Compal Electronics GDR 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 Compal Electronics GDR. 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.
Selling General Administrative is likely to gain to about 6.6
B in 2024, whereas
Tax Provision is likely to drop slightly above 2.3
B in 2024.
Compal Electronics fundamental ratios Correlations
Click cells to compare fundamentals
Compal Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Compal Electronics fundamental ratios Accounts
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Additional Tools for Compal Stock Analysis
When running Compal Electronics' price analysis, check to
measure Compal Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Compal Electronics is operating at the current time. Most of Compal Electronics' value examination focuses on studying past and present price action to
predict the probability of Compal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compal Electronics' price. Additionally, you may evaluate how the addition of Compal Electronics to your portfolios can decrease your overall portfolio volatility.