KKCL Stock | | | 631.90 8.95 1.44% |
Kewal Kiran financial indicator trend analysis is infinitely more than just investigating Kewal Kiran Clothing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kewal Kiran Clothing is a good investment. Please check the relationship between Kewal Kiran Total Stockholder Equity and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kewal Kiran Clothing. 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.
Total Stockholder Equity vs Cash And Short Term Investments
Total Stockholder Equity vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kewal Kiran Clothing Total Stockholder Equity account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kewal Kiran's Total Stockholder Equity and Cash And Short Term Investments is -0.01. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Kewal Kiran Clothing, assuming nothing else is changed. The correlation between historical values of Kewal Kiran's Total Stockholder Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Kewal Kiran Clothing are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Stockholder Equity i.e., Kewal Kiran's Total Stockholder Equity and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Kewal Kiran Clothing balance sheet. This account contains Kewal Kiran investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Kewal Kiran Clothing fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Kewal Kiran's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kewal Kiran Clothing 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 Kewal Kiran Clothing. 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.
Selling General Administrative is likely to gain to about 1.6
B in 2024, whereas
Tax Provision is likely to drop slightly above 245
M in 2024.
Kewal Kiran fundamental ratios Correlations
Click cells to compare fundamentals
Kewal Kiran Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kewal Kiran fundamental ratios Accounts
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Additional Tools for Kewal Stock Analysis
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measure Kewal Kiran'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 Kewal Kiran is operating at the current time. Most of Kewal Kiran's value examination focuses on studying past and present price action to
predict the probability of Kewal Kiran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kewal Kiran's price. Additionally, you may evaluate how the addition of Kewal Kiran to your portfolios can decrease your overall portfolio volatility.