600268 Stock | | | 6.85 0.15 2.14% |
Guodian Nanjing financial indicator trend analysis is much more than just examining Guodian Nanjing Auto latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guodian Nanjing Auto is a good investment. Please check the relationship between Guodian Nanjing Inventory and its Long Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guodian Nanjing Automation. 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.
Inventory vs Long Term Investments
Inventory vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guodian Nanjing Auto Inventory account and
Long Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guodian Nanjing's Inventory and Long Term Investments is -0.07. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Guodian Nanjing Automation, assuming nothing else is changed. The correlation between historical values of Guodian Nanjing's Inventory and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Guodian Nanjing Automation are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Inventory i.e., Guodian Nanjing's Inventory and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Long Term Investments
Long Term Investments is an item on the asset side of Guodian Nanjing balance sheet that represents investments Guodian Nanjing Auto intends to hold for over a year. Guodian Nanjing Automation long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Guodian Nanjing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guodian Nanjing Auto 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 Guodian Nanjing Automation. 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 448.5
M, whereas
Tax Provision is forecasted to decline to about 62.1
M.
Guodian Nanjing fundamental ratios Correlations
Click cells to compare fundamentals
Guodian Nanjing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guodian Nanjing fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Guodian Stock
Balance Sheet is a snapshot of the
financial position of Guodian Nanjing Auto at a specified time, usually calculated after every quarter, six months, or one year. Guodian Nanjing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guodian Nanjing 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 Guodian currently owns. An asset can also be divided into two categories, current and non-current.