ZFCVINDIA | | | 12,006 294.65 2.40% |
ZF Commercial financial indicator trend analysis is more than just analyzing ZF Commercial Vehicle current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZF Commercial Vehicle is a good investment. Please check the relationship between ZF Commercial Short Term Debt and its Short Long Term Debt Total accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZF Commercial Vehicle. 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.
Short Term Debt vs Short Long Term Debt Total
Short Term Debt vs Short Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZF Commercial Vehicle Short Term Debt account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ZF Commercial's Short Term Debt and Short Long Term Debt Total is 0.1. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of ZF Commercial Vehicle, assuming nothing else is changed. The correlation between historical values of ZF Commercial's Short Term Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of ZF Commercial Vehicle are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Debt i.e., ZF Commercial's Short Term Debt and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.1 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Short Long Term Debt Total
Most indicators from ZF Commercial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZF Commercial Vehicle 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZF Commercial Vehicle. 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.
The current year's
Selling General Administrative is expected to grow to about 592.4
M, whereas
Tax Provision is forecasted to decline to about 914.9
M.
ZF Commercial fundamental ratios Correlations
Click cells to compare fundamentals
ZF Commercial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZF Commercial fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in ZFCVINDIA Stock
Balance Sheet is a snapshot of the
financial position of ZF Commercial Vehicle at a specified time, usually calculated after every quarter, six months, or one year. ZF Commercial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZF Commercial 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 ZFCVINDIA currently owns. An asset can also be divided into two categories, current and non-current.