KAP Stock | | | 40.45 0.70 1.76% |
National Atomic financial indicator trend analysis is infinitely more than just investigating National Atomic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether National Atomic is a good investment. Please check the relationship between National Atomic Net Receivables and its Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Atomic Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Net Receivables vs Inventory
Net Receivables vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
National Atomic Net Receivables account and
Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between National Atomic's Net Receivables and Inventory is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of National Atomic Co, assuming nothing else is changed. The correlation between historical values of National Atomic's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of National Atomic Co are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., National Atomic's Net Receivables and Inventory go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Inventory
Most indicators from National Atomic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into National Atomic 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 National Atomic Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, National Atomic's
Tax Provision is projected to increase significantly based on the last few years of reporting.
National Atomic fundamental ratios Correlations
Click cells to compare fundamentals
National Atomic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
National Atomic 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 National Stock
Balance Sheet is a snapshot of the
financial position of National Atomic at a specified time, usually calculated after every quarter, six months, or one year. National Atomic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of National Atomic 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 National currently owns. An asset can also be divided into two categories, current and non-current.