KALU Stock | | | USD 81.66 0.02 0.02% |
Kaiser Aluminum financial indicator trend analysis is infinitely more than just investigating Kaiser Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kaiser Aluminum is a good investment. Please check the relationship between Kaiser Aluminum Net Tangible Assets and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Kaiser Stock please use our
How to Invest in Kaiser Aluminum guide.
Net Tangible Assets vs Total Liab
Net Tangible Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kaiser Aluminum Net Tangible Assets account and
Total Liab. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kaiser Aluminum's Net Tangible Assets and Total Liab is -0.45. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Kaiser Aluminum, assuming nothing else is changed. The correlation between historical values of Kaiser Aluminum's Net Tangible Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Kaiser Aluminum are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Net Tangible Assets i.e., Kaiser Aluminum's Net Tangible Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Kaiser Aluminum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kaiser Aluminum 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 Kaiser Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Kaiser Stock please use our
How to Invest in Kaiser Aluminum guide.At this time, Kaiser Aluminum's
Sales General And Administrative To Revenue is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 2.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 108.4
M in 2024.
Kaiser Aluminum fundamental ratios Correlations
Click cells to compare fundamentals
Kaiser Aluminum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kaiser Aluminum fundamental ratios Accounts
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