0RH1 Stock | | | 76.10 0.75 1.00% |
Kinnevik Investment financial indicator trend analysis is infinitely more than just investigating Kinnevik Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kinnevik Investment is a good investment. Please check the relationship between Kinnevik Investment Common Stock Shares Outstanding and its Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kinnevik Investment AB. 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.
Common Stock Shares Outstanding vs Short Term Investments
Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kinnevik Investment Common Stock Shares Outstanding account and
Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Kinnevik Investment's Common Stock Shares Outstanding and Short Term Investments is 0.2. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Kinnevik Investment AB, assuming nothing else is changed. The correlation between historical values of Kinnevik Investment's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Kinnevik Investment AB are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Kinnevik Investment's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Short Term Investments
Short Term Investments is an item under the current assets section of Kinnevik Investment balance sheet. It contains any investments Kinnevik Investment AB undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Kinnevik Investment can easily liquidate in the marketplace.
Most indicators from Kinnevik Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kinnevik Investment 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Kinnevik Investment AB. 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 drop to about 1.9
M in 2024.
Tax Provision is likely to drop to about 5.5
M in 2024
Kinnevik Investment fundamental ratios Correlations
Click cells to compare fundamentals
Kinnevik Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kinnevik Investment fundamental ratios Accounts
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Additional Tools for Kinnevik Stock Analysis
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predict the probability of Kinnevik Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinnevik Investment's price. Additionally, you may evaluate how the addition of Kinnevik Investment to your portfolios can decrease your overall portfolio volatility.