KB Financial Average Payables vs Ev To Sales Analysis
| KB Stock | USD 69.93 0.80 1.16% |
KB Financial financial indicator trend analysis is infinitely more than just investigating KB Financial Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KB Financial Group is a good investment. Please check the relationship between KB Financial Average Payables and its Ev To Sales accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KB Financial Group. 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 labor statistics.
Average Payables vs Ev To Sales
Average Payables vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KB Financial Group Average Payables account and Ev To Sales. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KB Financial's Average Payables and Ev To Sales is 0.44. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of KB Financial Group, assuming nothing else is changed. The correlation between historical values of KB Financial's Average Payables and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of KB Financial Group are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Average Payables i.e., KB Financial's Average Payables and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.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.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KB Financial Group. 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 labor statistics. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KB Financial. If investors know KB Financial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of KB Financial Group is measured differently than its book value, which is the value of KB Financial that is recorded on the company's balance sheet. Investors also form their own opinion of KB Financial's value that differs from its market value or its book value, called intrinsic value, which is KB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KB Financial's market value can be influenced by many factors that don't directly affect KB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if KB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.