NKTX Stock | | | USD 2.99 0.38 14.56% |
Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Cash Flow To Debt Ratio and its Price Cash Flow Ratio accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. 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.
Cash Flow To Debt Ratio vs Price Cash Flow Ratio
Cash Flow To Debt Ratio vs Price Cash Flow Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nkarta Inc Cash Flow To Debt Ratio account and
Price Cash Flow Ratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Nkarta's Cash Flow To Debt Ratio and Price Cash Flow Ratio is 0.66. Overlapping area represents the amount of variation of Cash Flow To Debt Ratio that can explain the historical movement of Price Cash Flow Ratio in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Cash Flow To Debt Ratio and Price Cash Flow Ratio 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 Flow To Debt Ratio of Nkarta Inc are associated (or correlated) with its Price Cash Flow Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price Cash Flow Ratio has no effect on the direction of Cash Flow To Debt Ratio i.e., Nkarta's Cash Flow To Debt Ratio and Price Cash Flow Ratio go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cash Flow To Debt Ratio
Price Cash Flow Ratio
Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc 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 Nkarta Inc. 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.
Sales General And Administrative To Revenue is likely to rise to 42.97 in 2024, whereas
Selling General Administrative is likely to drop slightly above 20
M in 2024.
Nkarta fundamental ratios Correlations
Click cells to compare fundamentals
Nkarta Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nkarta fundamental ratios Accounts
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Additional Tools for Nkarta Stock Analysis
When running Nkarta's price analysis, check to
measure Nkarta'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 Nkarta is operating at the current time. Most of Nkarta's value examination focuses on studying past and present price action to
predict the probability of Nkarta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nkarta's price. Additionally, you may evaluate how the addition of Nkarta to your portfolios can decrease your overall portfolio volatility.