300143 Stock | | | 9.76 0.37 3.65% |
INKON Life financial indicator trend analysis is infinitely more than just investigating INKON Life Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether INKON Life Technology is a good investment. Please check the relationship between INKON Life Long Term Investments and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in INKON Life Technology. 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.
Long Term Investments vs Inventory
Long Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
INKON Life Technology Long Term Investments account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between INKON Life's Long Term Investments and Inventory is 0.53. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of INKON Life Technology, assuming nothing else is changed. The correlation between historical values of INKON Life's Long Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of INKON Life Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Long Term Investments i.e., INKON Life's Long Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of INKON Life balance sheet that represents investments INKON Life Technology intends to hold for over a year. INKON Life Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.
Inventory
Most indicators from INKON Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into INKON Life Technology 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 INKON Life Technology. 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 14, 2024,
Selling General Administrative is expected to decline to about 52.6
M. In addition to that,
Tax Provision is expected to decline to about 31.8
MINKON Life fundamental ratios Correlations
Click cells to compare fundamentals
INKON Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
INKON Life 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 INKON Stock
Balance Sheet is a snapshot of the
financial position of INKON Life Technology at a specified time, usually calculated after every quarter, six months, or one year. INKON Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of INKON Life 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 INKON currently owns. An asset can also be divided into two categories, current and non-current.