KEI Industries financial indicator trend analysis is infinitely more than just investigating KEI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KEI Industries is a good investment. Please check the relationship between KEI Industries Change To Account Receivables and its Change To Netincome accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KEI Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Change To Account Receivables vs Change To Netincome
Change To Account Receivables vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KEI Industries Change To Account Receivables account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between KEI Industries' Change To Account Receivables and Change To Netincome is -0.09. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of KEI Industries Limited, assuming nothing else is changed. The correlation between historical values of KEI Industries' Change To Account Receivables and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of KEI Industries Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Account Receivables i.e., KEI Industries' Change To Account Receivables and Change To Netincome go up and down completely randomly.
Most indicators from KEI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KEI Industries 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 KEI Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of KEI Industries at a specified time, usually calculated after every quarter, six months, or one year. KEI Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KEI Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which KEI currently owns. An asset can also be divided into two categories, current and non-current.