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 Total Assets 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.
Total Assets vs Short Term Investments
Total Assets 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 Total Assets account and
Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kinnevik Investment's Total Assets and Short Term Investments is -0.14. Overlapping area represents the amount of variation of Total Assets 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 Total Assets 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 Total Assets 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 Total Assets i.e., Kinnevik Investment's Total Assets and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Kinnevik Investment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Kinnevik Investment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.