NIU Stock | | | USD 1.86 0.01 0.53% |
Niu Technologies financial indicator trend analysis is infinitely more than just investigating Niu Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Niu Technologies is a good investment. Please check the relationship between Niu Technologies Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Niu Stock please use our
How to Invest in Niu Technologies guide.
Total Stockholder Equity vs Property Plant And Equipment Net
Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Niu Technologies Total Stockholder Equity account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Niu Technologies' Total Stockholder Equity and Property Plant And Equipment Net is 0.91. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Niu Technologies, assuming nothing else is changed. The correlation between historical values of Niu Technologies' Total Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Niu Technologies are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Niu Technologies' Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Niu Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Niu Technologies 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy Niu Stock please use our
How to Invest in Niu Technologies guide.At this time, Niu Technologies'
Tax Provision is comparatively stable compared to the past year.
Selling General Administrative is likely to gain to about 141.8
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.
Niu Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Niu Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Niu Technologies fundamental ratios Accounts
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Additional Tools for Niu Stock Analysis
When running Niu Technologies' price analysis, check to
measure Niu Technologies' 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 Niu Technologies is operating at the current time. Most of Niu Technologies' value examination focuses on studying past and present price action to
predict the probability of Niu Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niu Technologies' price. Additionally, you may evaluate how the addition of Niu Technologies to your portfolios can decrease your overall portfolio volatility.