KAMATHOTEL | | | 214.34 2.30 1.08% |
Kamat Hotels financial indicator trend analysis is infinitely more than just investigating Kamat Hotels Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kamat Hotels Limited is a good investment. Please check the relationship between Kamat Hotels Total Current Assets and its Common Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kamat Hotels Limited. 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.
Total Current Assets vs Common Stock
Total Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kamat Hotels Limited Total Current Assets account and
Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Kamat Hotels' Total Current Assets and Common Stock is -0.28. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Kamat Hotels Limited, assuming nothing else is changed. The correlation between historical values of Kamat Hotels' Total Current Assets and Common Stock 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 Current Assets of Kamat Hotels Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Current Assets i.e., Kamat Hotels' Total Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Common Stock
Most indicators from Kamat Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kamat Hotels Limited 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 Kamat Hotels Limited. 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.
At this time, Kamat Hotels'
Tax Provision is very stable compared to the past year. As of the 2nd of December 2024,
Issuance Of Capital Stock is likely to grow to about 114.4
M, while
Selling General Administrative is likely to drop about 102.3
M.
Kamat Hotels fundamental ratios Correlations
Click cells to compare fundamentals
Kamat Hotels Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kamat Hotels fundamental ratios Accounts
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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.
Other Information on Investing in Kamat Stock
Balance Sheet is a snapshot of the
financial position of Kamat Hotels Limited at a specified time, usually calculated after every quarter, six months, or one year. Kamat Hotels Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kamat Hotels and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kamat currently owns. An asset can also be divided into two categories, current and non-current.