KEP Stock | | | USD 8.58 0.04 0.47% |
Korea Electric financial indicator trend analysis is infinitely more than just investigating Korea Electric Power recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korea Electric Power is a good investment. Please check the relationship between Korea Electric Cash and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Cash vs Common Stock Shares Outstanding
Cash vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Korea Electric Power Cash account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Korea Electric's Cash and Common Stock Shares Outstanding is -0.37. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Korea Electric Power, assuming nothing else is changed. The correlation between historical values of Korea Electric's Cash 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 Cash of Korea Electric Power 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 Cash i.e., Korea Electric's Cash and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.37 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Korea Electric Power, which is listed under current asset account on Korea Electric Power balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Korea Electric customers. The amounts must be unrestricted with restricted cash listed in a different Korea Electric account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 Korea Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korea Electric Power 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 Korea Electric Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Korea Electric's
Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/22/2024,
Enterprise Value Over EBITDA is likely to grow to 16.33, while
Selling General Administrative is likely to drop slightly above 1.8
T.
Korea Electric fundamental ratios Correlations
Click cells to compare fundamentals
Korea Electric Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Korea Electric fundamental ratios Accounts
Additional Tools for Korea Stock Analysis
When running Korea Electric's price analysis, check to
measure Korea Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Korea Electric is operating at the current time. Most of Korea Electric's value examination focuses on studying past and present price action to
predict the probability of Korea Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korea Electric's price. Additionally, you may evaluate how the addition of Korea Electric to your portfolios can decrease your overall portfolio volatility.