LU Stock | | | USD 2.59 0.22 7.83% |
Lufax Holding financial indicator trend analysis is infinitely more than just investigating Lufax Holding recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lufax Holding is a good investment. Please check the relationship between Lufax Holding Other Current Liab and its Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lufax Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lufax Stock please use our
How to Invest in Lufax Holding guide.
Other Current Liab vs Cash
Other Current Liab vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lufax Holding Other Current Liab account and
Cash. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lufax Holding's Other Current Liab and Cash is -0.57. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of Lufax Holding, assuming nothing else is changed. The correlation between historical values of Lufax Holding's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Lufax Holding are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., Lufax Holding's Other Current Liab and Cash go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Current Liab
Cash
Cash refers to the most liquid asset of Lufax Holding, which is listed under current asset account on Lufax Holding balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lufax Holding customers. The amounts must be unrestricted with restricted cash listed in a different Lufax Holding account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Lufax Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lufax Holding 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lufax Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
For more information on how to buy Lufax Stock please use our
How to Invest in Lufax Holding guide.At this time, Lufax Holding's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.12 in 2024, whereas
Enterprise Value is likely to drop slightly above 16.5
B in 2024.
Lufax Holding fundamental ratios Correlations
Click cells to compare fundamentals
Lufax Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lufax Holding fundamental ratios Accounts
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Additional Tools for Lufax Stock Analysis
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measure Lufax Holding'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 Lufax Holding is operating at the current time. Most of Lufax Holding's value examination focuses on studying past and present price action to
predict the probability of Lufax Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lufax Holding's price. Additionally, you may evaluate how the addition of Lufax Holding to your portfolios can decrease your overall portfolio volatility.