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 Long Term Investments and its Short Term Investments 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.
Long Term Investments vs Short Term Investments
Long Term Investments vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oneconnect Financial Long Term Investments account and
Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oneconnect Financial's Long Term Investments and Short Term Investments is 0.6. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments 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 Long Term Investments and Short 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 Long Term Investments of Oneconnect Financial Technology are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Oneconnect Financial's Long Term Investments and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Long Term Investments
Long Term Investments is an item on the asset side of Oneconnect Financial balance sheet that represents investments Oneconnect Financial intends to hold for over a year. Oneconnect Financial Technology long term investments may include different instruments such as stocks, bonds, real estate and cash.
Short Term Investments
Short Term Investments is an item under the current assets section of Oneconnect Financial balance sheet. It contains any investments Oneconnect Financial Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Oneconnect Financial can easily liquidate in the marketplace.
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
When running Oneconnect Financial's price analysis, check to
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
predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.