| TIRX Stock | | | USD 1.74 0.01 0.57% |
Tian Ruixiang financial indicator trend analysis is much more than just breaking down Tian Ruixiang Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tian Ruixiang Holdings is a good investment. Please check the relationship between Tian Ruixiang Cost Of Revenue and its Selling And Marketing Expenses accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Cost Of Revenue vs Selling And Marketing Expenses
Cost Of Revenue vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tian Ruixiang Holdings Cost Of Revenue account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Tian Ruixiang's Cost Of Revenue and Selling And Marketing Expenses is 0.19. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Tian Ruixiang Holdings, assuming nothing else is changed. The correlation between historical values of Tian Ruixiang's Cost Of Revenue and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Tian Ruixiang Holdings are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Cost Of Revenue i.e., Tian Ruixiang's Cost Of Revenue and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | 0.19 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Tian Ruixiang Holdings income statement and represents the costs associated with goods and services Tian Ruixiang provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Selling And Marketing Expenses
Most indicators from Tian Ruixiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tian Ruixiang Holdings 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
At this time, Tian Ruixiang's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 2
M in 2024, whereas
Tax Provision is likely to drop slightly above 126.5
K in 2024.
Tian Ruixiang fundamental ratios Correlations
Click cells to compare fundamentals
Tian Ruixiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tian Ruixiang fundamental ratios Accounts
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measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to
predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.