PFC Stock | | | 451.20 5.30 1.16% |
Power Finance financial indicator trend analysis is much more than just breaking down Power Finance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Power Finance is a good investment. Please check the relationship between Power Finance Retained Earnings and its Other Assets accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Retained Earnings vs Other Assets
Retained Earnings vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Power Finance Retained Earnings account and
Other Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Power Finance's Retained Earnings and Other Assets is -0.03. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Assets in the same time period over historical financial statements of Power Finance, assuming nothing else is changed. The correlation between historical values of Power Finance's Retained Earnings and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Power Finance are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Retained Earnings i.e., Power Finance's Retained Earnings and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Other Assets
Most indicators from Power Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Power Finance 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 Power Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of December 26, 2024,
Selling General Administrative is expected to decline to about 308.9
M. In addition to that,
Tax Provision is expected to decline to about 46.8
BPower Finance fundamental ratios Correlations
Click cells to compare fundamentals
Power Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Power Finance fundamental ratios Accounts
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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 Power Stock
Balance Sheet is a snapshot of the
financial position of Power Finance at a specified time, usually calculated after every quarter, six months, or one year. Power Finance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Power Finance 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 Power currently owns. An asset can also be divided into two categories, current and non-current.