Lufax Long Term Investments vs Cash Analysis
LU Stock | USD 4.76 0.21 4.62% |
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 Long Term Investments 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 tightly coupled 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.
Long Term Investments vs Cash
Long Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lufax Holding Long Term Investments account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Lufax Holding's Long Term Investments and Cash is 0.34. Overlapping area represents the amount of variation of Long Term Investments 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 Long Term Investments 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 Long Term Investments 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 Long Term Investments i.e., Lufax Holding's Long Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Lufax Holding balance sheet that represents investments Lufax Holding intends to hold for over a year. Lufax Holding long term investments may include different instruments such as stocks, bonds, real estate and cash.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 tightly coupled 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.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 13.2B | 17.7B | 12.2B | 9.8B | Tax Provision | 6.7B | 4.2B | 610.6M | 580.1M |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 149.5B | 248.9B | 360.4B | 349.3B | 237.0B | 244.4B | |
Short Long Term Debt Total | 13.9B | 28.9B | 44.8B | 53.1B | 44.9B | 33.2B | |
Other Current Liab | (526.0M) | (5.5B) | (8.8B) | (748.8B) | (139.2M) | (146.2M) | |
Total Current Liabilities | 526.0M | 5.5B | 8.8B | 12.2B | 139.2M | 132.3M | |
Total Stockholder Equity | 48.0B | 81.6B | 93.1B | 93.2B | 92.1B | 65.7B | |
Property Plant And Equipment Net | 1.4B | 1.4B | 1.2B | 1.1B | 581.2M | 973.5M | |
Net Debt | 6.6B | 4.8B | 10.1B | 9.2B | 4.9B | 5.9B | |
Retained Earnings | 29.3B | 40.9B | 55.9B | 64.6B | 65.5B | 37.4B | |
Accounts Payable | 526.0M | 5.5B | 8.8B | 12.2B | 139.2M | 132.3M | |
Cash | 7.4B | 24.2B | 34.7B | 43.9B | 40.0B | 27.3B | |
Non Current Assets Total | 40.0B | 53.8B | 46.3B | 44.7B | 42.3B | 46.4B | |
Non Currrent Assets Other | (40.0B) | (53.8B) | (46.3B) | (44.7B) | (42.3B) | (44.4B) | |
Other Assets | 85.6B | 147.6B | 257.1B | 244.9B | 149.4B | 152.0B | |
Long Term Debt | 13.0B | 28.0B | 44.0B | 50.2B | 44.5B | 32.1B | |
Cash And Short Term Investments | 7.4B | 24.2B | 34.7B | 43.9B | 40.0B | 28.7B | |
Net Receivables | 16.6B | 23.3B | 22.3B | 15.8B | 5.3B | 5.1B | |
Liabilities And Stockholders Equity | 149.5B | 248.9B | 360.4B | 349.3B | 237.0B | 244.4B | |
Non Current Liabilities Total | 19.5B | 34.7B | 46.7B | 12.2B | 47.6B | 49.9B | |
Capital Lease Obligations | 939.1M | 979.4M | 794.5M | 748.8M | 386.7M | 607.8M | |
Other Current Assets | 66.2B | 80.2B | 79.2B | 66.4B | 46.2B | 55.9B | |
Other Stockholder Equity | 13.9B | 33.2B | 27.8B | 26.4B | 26.5B | 22.5B | |
Total Liab | 101.4B | 165.7B | 265.9B | 254.5B | 143.3B | 177.8B | |
Long Term Investments | 27.6B | 41.5B | 35.3B | 33.8B | 31.9B | 33.6B | |
Property Plant And Equipment Gross | 1.4B | 1.4B | 1.2B | 1.1B | 2.4B | 1.6B | |
Total Current Assets | 24.0B | 47.5B | 57.1B | 59.6B | 45.3B | 46.0B | |
Accumulated Other Comprehensive Income | 4.6B | 7.4B | 9.3B | 2.2B | 155.8M | 148.1M | |
Intangible Assets | 1.9B | 1.9B | 899.4M | 885.1M | 874.9M | 1.2B | |
Common Stock | 68K | 69K | 77K | 75K | 86.3K | 78.8K | |
Other Liab | 36.8B | 42.4B | 201.3B | 185.6B | 213.4B | 224.1B | |
Net Tangible Assets | 36.9B | 70.6B | 83.2B | 83.4B | 95.9B | 56.4B | |
Common Stock Shares Outstanding | 543.3M | 552.0M | 679.9M | 573.7M | 573.6M | 627.5M | |
Long Term Debt Total | 20.8B | 18.1B | 44.8B | 51.0B | 58.6B | 29.7B | |
Inventory | (18.6B) | (34.4B) | (31.0B) | (29.1B) | (28.9B) | (30.3B) | |
Net Invested Capital | 61.0B | 109.5B | 137.1B | 145.6B | 136.6B | 107.3B |
Pair Trading with Lufax Holding
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lufax Holding position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lufax Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Lufax Stock
0.67 | DFS | Discover Financial Financial Report 17th of July 2024 | PairCorr |
0.79 | SLM | SLM Corp Financial Report 24th of July 2024 | PairCorr |
Moving against Lufax Stock
0.71 | GL | Globe Life | PairCorr |
0.49 | AC | Associated Capital | PairCorr |
0.46 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
0.42 | OPRT | Oportun Financial Corp | PairCorr |
The ability to find closely correlated positions to Lufax Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lufax Holding when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lufax Holding - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lufax Holding to buy it.
The correlation of Lufax Holding is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lufax Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lufax Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lufax Holding can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled 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.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Lufax Stock analysis
When running Lufax Holding's price analysis, check to 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.
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Is Lufax Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lufax Holding. If investors know Lufax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lufax Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 1.106 | Earnings Share (0.16) | Revenue Per Share 67.204 | Quarterly Revenue Growth (0.31) |
The market value of Lufax Holding is measured differently than its book value, which is the value of Lufax that is recorded on the company's balance sheet. Investors also form their own opinion of Lufax Holding's value that differs from its market value or its book value, called intrinsic value, which is Lufax Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lufax Holding's market value can be influenced by many factors that don't directly affect Lufax Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lufax Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lufax Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lufax Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.