000526 Stock | | | 44.33 0.84 1.93% |
Xiamen Insight financial indicator trend analysis is more than just analyzing Xiamen Insight Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Insight Investment is a good investment. Please check the relationship between Xiamen Insight Depreciation and its Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Insight Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Depreciation vs Investments
Depreciation vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Insight Investment Depreciation account and
Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xiamen Insight's Depreciation and Investments is -0.51. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments in the same time period over historical financial statements of Xiamen Insight Investment, assuming nothing else is changed. The correlation between historical values of Xiamen Insight's Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Xiamen Insight Investment are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., Xiamen Insight's Depreciation and Investments go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Xiamen Insight Investment value has been used up. For tax purposes Xiamen Insight can deduct the cost of the tangible assets it purchases as business expenses. However, Xiamen Insight Investment must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Xiamen Insight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Insight Investment 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 Xiamen Insight Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
As of December 27, 2024,
Tax Provision is expected to decline to about 39.3
M. In addition to that,
Selling General Administrative is expected to decline to about 231.7
MXiamen Insight fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Insight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Insight fundamental ratios Accounts
Also Currently Popular
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 Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Insight Investment at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Insight Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Insight 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.