000900 Stock | | | 4.71 0.05 1.07% |
Xiandai Investment financial indicator trend analysis is more than just analyzing Xiandai Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiandai Investment is a good investment. Please check the relationship between Xiandai Investment Short Term Investments and its Short Long Term Debt accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiandai Investment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Short Term Investments vs Short Long Term Debt
Short Term Investments vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiandai Investment Short Term Investments account and
Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xiandai Investment's Short Term Investments and Short Long Term Debt is -0.12. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Xiandai Investment Co, assuming nothing else is changed. The correlation between historical values of Xiandai Investment's Short Term Investments and Short Long Term Debt 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 Investments of Xiandai Investment Co are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Short Term Investments i.e., Xiandai Investment's Short Term Investments and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of Xiandai Investment balance sheet. It contains any investments Xiandai Investment Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Xiandai Investment can easily liquidate in the marketplace.
Short Long Term Debt
The total of a company's short-term and long-term borrowings.
Most indicators from Xiandai Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiandai 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 Xiandai Investment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 446.6
M, whereas
Tax Provision is forecasted to decline to about 177.1
M.
Xiandai Investment fundamental ratios Correlations
Click cells to compare fundamentals
Xiandai Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiandai Investment 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 Xiandai Stock
Balance Sheet is a snapshot of the
financial position of Xiandai Investment at a specified time, usually calculated after every quarter, six months, or one year. Xiandai Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiandai Investment 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 Xiandai currently owns. An asset can also be divided into two categories, current and non-current.