JFU Stock | | | USD 1.49 0.13 9.56% |
9F financial indicator trend analysis is way more than just evaluating 9F Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 9F Inc is a good investment. Please check the relationship between 9F Total Assets and its Intangible Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
Total Assets vs Intangible Assets
Total Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
9F Inc Total Assets account and
Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between 9F's Total Assets and Intangible Assets is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of 9F Inc, assuming nothing else is changed. The correlation between historical values of 9F's Total Assets and Intangible 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 Total Assets of 9F Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., 9F's Total Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of 9F assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in 9F Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from 9F's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 9F Inc 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 9F Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
At this time, 9F's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 14.21 in 2024, whereas
Tax Provision is likely to drop slightly above 7.4
M in 2024.
9F fundamental ratios Correlations
Click cells to compare fundamentals
9F Account Relationship Matchups
High Positive Relationship
High Negative Relationship
9F fundamental ratios Accounts
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Additional Tools for 9F Stock Analysis
When running 9F's price analysis, check to
measure 9F's 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 9F is operating at the current time. Most of 9F's value examination focuses on studying past and present price action to
predict the probability of 9F's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 9F's price. Additionally, you may evaluate how the addition of 9F to your portfolios can decrease your overall portfolio volatility.