Kotak Mahindra financial indicator trend analysis is infinitely more than just investigating Kotak Mahindra Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kotak Mahindra Bank is a good investment. Please check the relationship between Kotak Mahindra Total Operating Expenses and its Reconciled Depreciation accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kotak Mahindra 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 industry.
Total Operating Expenses vs Reconciled Depreciation
Total Operating Expenses vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kotak Mahindra Bank Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Kotak Mahindra's Total Operating Expenses and Reconciled Depreciation is 0.87. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Kotak Mahindra Bank, assuming nothing else is changed. The correlation between historical values of Kotak Mahindra's Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Kotak Mahindra Bank are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Kotak Mahindra's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.
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.
Reconciled Depreciation
Most indicators from Kotak Mahindra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kotak Mahindra 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 Kotak Mahindra 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 industry.
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 Kotak Mahindra Bank at a specified time, usually calculated after every quarter, six months, or one year. Kotak Mahindra Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kotak Mahindra 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 Kotak currently owns. An asset can also be divided into two categories, current and non-current.