| KOSS Stock | | | USD 7.02 0.22 3.04% |
Koss financial indicator trend analysis is infinitely more than just investigating Koss recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Koss is a good investment. Please check the relationship between Koss Total Other Income Expense Net and its Total Operating Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Koss Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Total Other Income Expense Net vs Total Operating Expenses
Total Other Income Expense Net vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Koss Total Other Income Expense Net account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Koss' Total Other Income Expense Net and Total Operating Expenses is 0.96. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Koss Corporation, assuming nothing else is changed. The correlation between historical values of Koss' Total Other Income Expense Net and Total Operating Expenses 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 Other Income Expense Net of Koss Corporation are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Koss' Total Other Income Expense Net and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.96 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Other Income Expense Net
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Koss' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Koss 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 Koss Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Selling General Administrative is likely to drop to about 91.2
K in 2024.
Tax Provision is likely to gain to about (69.9
K) in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Operating Expenses | 5.7M | 29.4M | 6.1M | 9.7M | Cost Of Revenue | 11.0M | 8.6M | 8.1M | 15.7M |
Koss fundamental ratios Correlations
Click cells to compare fundamentals
Koss Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Koss fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Koss Stock Analysis
When running Koss' price analysis, check to
measure Koss' 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 Koss is operating at the current time. Most of Koss' value examination focuses on studying past and present price action to
predict the probability of Koss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koss' price. Additionally, you may evaluate how the addition of Koss to your portfolios can decrease your overall portfolio volatility.