KARURVYSYA | | | 238.70 3.80 1.57% |
Karur Vysya financial indicator trend analysis is infinitely more than just investigating Karur Vysya Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karur Vysya Bank is a good investment. Please check the relationship between Karur Vysya Non Current Liabilities Total and its Net Debt accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karur Vysya Bank. 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.
Non Current Liabilities Total vs Net Debt
Non Current Liabilities Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karur Vysya Bank Non Current Liabilities Total account and
Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Karur Vysya's Non Current Liabilities Total and Net Debt is -0.62. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Karur Vysya Bank, assuming nothing else is changed. The correlation between historical values of Karur Vysya's Non Current Liabilities Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Karur Vysya Bank are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Liabilities Total i.e., Karur Vysya's Non Current Liabilities Total and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Non Current Liabilities Total
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Karur Vysya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karur Vysya Bank 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 Karur Vysya Bank. 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, Karur Vysya's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 87.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 2.7
B in 2024.
Karur Vysya fundamental ratios Correlations
Click cells to compare fundamentals
Karur Vysya Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karur Vysya fundamental ratios Accounts
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Additional Tools for Karur Stock Analysis
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measure Karur Vysya'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 Karur Vysya is operating at the current time. Most of Karur Vysya's value examination focuses on studying past and present price action to
predict the probability of Karur Vysya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karur Vysya's price. Additionally, you may evaluate how the addition of Karur Vysya to your portfolios can decrease your overall portfolio volatility.