KT Stock | | | USD 18.15 0.14 0.77% |
KT financial indicator trend analysis is infinitely more than just investigating KT Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KT Corporation is a good investment. Please check the relationship between KT Long Term Investments and its Property Plant Equipment accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KT 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 estimate.
Long Term Investments vs Property Plant Equipment
Long Term Investments vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KT Corporation Long Term Investments account and
Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KT's Long Term Investments and Property Plant Equipment is 0.53. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of KT Corporation, assuming nothing else is changed. The correlation between historical values of KT's Long Term Investments and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of KT Corporation are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Long Term Investments i.e., KT's Long Term Investments and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of KT balance sheet that represents investments KT Corporation intends to hold for over a year. KT Corporation long term investments may include different instruments such as stocks, bonds, real estate and cash.
Property Plant Equipment
Most indicators from KT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KT Corporation 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 KT 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 estimate.
At this time, KT's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas
Selling General Administrative is likely to drop slightly above 159.2
B in 2024.
KT fundamental ratios Correlations
Click cells to compare fundamentals
KT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KT fundamental ratios Accounts
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Additional Tools for KT Stock Analysis
When running KT's price analysis, check to
measure KT'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 KT is operating at the current time. Most of KT's value examination focuses on studying past and present price action to
predict the probability of KT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KT's price. Additionally, you may evaluate how the addition of KT to your portfolios can decrease your overall portfolio volatility.