000880 Stock | | | 12.90 0.49 3.95% |
Weichai Heavy financial indicator trend analysis is more than just analyzing Weichai Heavy Machinery current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weichai Heavy Machinery is a good investment. Please check the relationship between Weichai Heavy Common Stock and its Short Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Weichai Heavy Machinery. 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.
Common Stock vs Short Long Term Debt Total
Common Stock 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
Weichai Heavy Machinery Common Stock account and
Short Long Term Debt Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Weichai Heavy's Common Stock and Short Long Term Debt Total is 0.19. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Weichai Heavy Machinery, assuming nothing else is changed. The correlation between historical values of Weichai Heavy's Common Stock 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 Common Stock of Weichai Heavy Machinery 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 Common Stock i.e., Weichai Heavy's Common Stock and Short Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock
Short Long Term Debt Total
Most indicators from Weichai Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weichai Heavy Machinery 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 Weichai Heavy Machinery. 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 140.5
M, whereas
Tax Provision is projected to grow to (12.2
M).
Weichai Heavy fundamental ratios Correlations
Click cells to compare fundamentals
Weichai Heavy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Weichai Heavy 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 Weichai Stock
Balance Sheet is a snapshot of the
financial position of Weichai Heavy Machinery at a specified time, usually calculated after every quarter, six months, or one year. Weichai Heavy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Weichai Heavy 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 Weichai currently owns. An asset can also be divided into two categories, current and non-current.