Shanghai Construction financial indicator trend analysis is much more than just breaking down Shanghai Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Construction is a good investment. Please check the relationship between Shanghai Construction End Period Cash Flow and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Construction Group. 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.
End Period Cash Flow vs Change To Netincome
End Period Cash Flow vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Construction End Period Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Construction's End Period Cash Flow and Change To Netincome is 0.8. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Shanghai Construction Group, assuming nothing else is changed. The correlation between historical values of Shanghai Construction's End Period Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Shanghai Construction Group are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of End Period Cash Flow i.e., Shanghai Construction's End Period Cash Flow and Change To Netincome go up and down completely randomly.
Most indicators from Shanghai Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Construction 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 Shanghai Construction Group. 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.
Balance Sheet is a snapshot of the financial position of Shanghai Construction at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Construction 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.