KEY Stock | | | USD 19.48 0.04 0.20% |
KeyCorp financial indicator trend analysis is infinitely more than just investigating KeyCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KeyCorp is a good investment. Please check the relationship between KeyCorp Cash and its Common Stock Total Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KeyCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy KeyCorp Stock please use our
How to Invest in KeyCorp guide.
Cash vs Common Stock Total Equity
Cash vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KeyCorp Cash account and
Common Stock Total Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KeyCorp's Cash and Common Stock Total Equity is -0.47. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of KeyCorp, assuming nothing else is changed. The correlation between historical values of KeyCorp's Cash and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of KeyCorp are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Cash i.e., KeyCorp's Cash and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of KeyCorp, which is listed under current asset account on KeyCorp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from KeyCorp customers. The amounts must be unrestricted with restricted cash listed in a different KeyCorp 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.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from KeyCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KeyCorp 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 KeyCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy KeyCorp Stock please use our
How to Invest in KeyCorp guide.At this time, KeyCorp's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 24.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
B in 2024.
KeyCorp fundamental ratios Correlations
Click cells to compare fundamentals
KeyCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KeyCorp fundamental ratios Accounts
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Additional Tools for KeyCorp Stock Analysis
When running KeyCorp's price analysis, check to
measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to
predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.