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 Non Current Assets Total and its Other Assets 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.
Non Current Assets Total vs Other Assets
Non Current Assets Total vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kinnevik Investment Non Current Assets Total account and
Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kinnevik Investment's Non Current Assets Total and Other Assets is -0.22. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Assets 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 Non Current Assets Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Kinnevik Investment AB are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Assets Total i.e., Kinnevik Investment's Non Current Assets Total and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.22 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Other Assets
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
Also Currently Popular
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.
Additional Tools for Kinnevik Stock Analysis
When running Kinnevik Investment's price analysis, check to
measure Kinnevik Investment'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 Kinnevik Investment is operating at the current time. Most of Kinnevik Investment's value examination focuses on studying past and present price action to
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.