OCFT Stock | | | USD 2.56 0.05 1.92% |
Oneconnect Financial financial indicator trend analysis is much more than just breaking down Oneconnect Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oneconnect Financial is a good investment. Please check the relationship between Oneconnect Financial Current Deferred Revenue and its Non Current Liabilities Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial 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 census.
Current Deferred Revenue vs Non Current Liabilities Total
Current Deferred Revenue vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oneconnect Financial Current Deferred Revenue account and
Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Oneconnect Financial's Current Deferred Revenue and Non Current Liabilities Total is -0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Oneconnect Financial Technology, assuming nothing else is changed. The correlation between historical values of Oneconnect Financial's Current Deferred Revenue and Non Current Liabilities 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 Current Deferred Revenue of Oneconnect Financial Technology are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Current Deferred Revenue i.e., Oneconnect Financial's Current Deferred Revenue and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Non Current Liabilities Total
Most indicators from Oneconnect Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oneconnect Financial 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oneconnect Financial 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 census.
Selling General Administrative is likely to gain to about 715.8
M in 2024, whereas
Tax Provision is likely to drop (7.1
M) in 2024.
Oneconnect Financial fundamental ratios Correlations
Click cells to compare fundamentals
Oneconnect Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oneconnect Financial fundamental ratios Accounts
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Additional Tools for Oneconnect Stock Analysis
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measure Oneconnect Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to
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