| 0RH1 Stock | | | 75.76 0.46 0.61% |
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 Currrent Assets Other and its Common Stock Shares Outstanding 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 Currrent Assets Other vs Common Stock Shares Outstanding
Non Currrent Assets Other vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kinnevik Investment Non Currrent Assets Other account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kinnevik Investment's Non Currrent Assets Other and Common Stock Shares Outstanding is -0.54. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock Shares Outstanding 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 Currrent Assets Other and Common Stock Shares Outstanding 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 Currrent Assets Other of Kinnevik Investment AB are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Non Currrent Assets Other i.e., Kinnevik Investment's Non Currrent Assets Other and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.54 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 gain to about 498.7
M in 2024, whereas
Tax Provision is likely to drop slightly above 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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