000876 Stock | | | 9.64 0.11 1.15% |
New Hope financial indicator trend analysis is infinitely more than just investigating New Hope Liuhe recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New Hope Liuhe is a good investment. Please check the relationship between New Hope Investments and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in New Hope Liuhe. 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.
Investments vs Stock Based Compensation
Investments vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
New Hope Liuhe Investments account and
Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between New Hope's Investments and Stock Based Compensation is -0.12. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of New Hope Liuhe, assuming nothing else is changed. The correlation between historical values of New Hope's Investments and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of New Hope Liuhe are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Investments i.e., New Hope's Investments and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from New Hope's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New Hope Liuhe 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 New Hope Liuhe. 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.
The current year's
Selling General Administrative is expected to grow to about 1.8
B. The current year's
Tax Provision is expected to grow to about 285.6
MNew Hope fundamental ratios Correlations
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New Hope Account Relationship Matchups
High Positive Relationship
High Negative Relationship
New Hope fundamental ratios Accounts
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Other Information on Investing in New Stock
Balance Sheet is a snapshot of the
financial position of New Hope Liuhe at a specified time, usually calculated after every quarter, six months, or one year. New Hope Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New Hope 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 New currently owns. An asset can also be divided into two categories, current and non-current.