KEY Stock | | | USD 19.60 0.38 1.98% |
KeyCorp financial indicator trend analysis is infinitely more than just investigating KeyCorp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KeyCorp is a good investment. Please check the relationship between KeyCorp Change In Cash and its Depreciation accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KeyCorp. 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.
For more information on how to buy KeyCorp Stock please use our
How to Invest in KeyCorp guide.
Change In Cash vs Depreciation
Change In Cash vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KeyCorp Change In Cash account and
Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between KeyCorp's Change In Cash and Depreciation is -0.3. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Depreciation in the same time period over historical financial statements of KeyCorp, assuming nothing else is changed. The correlation between historical values of KeyCorp's Change In Cash and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of KeyCorp are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change In Cash i.e., KeyCorp's Change In Cash and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change In Cash
Depreciation
Depreciation indicates how much of KeyCorp value has been used up. For tax purposes KeyCorp can deduct the cost of the tangible assets it purchases as business expenses. However, KeyCorp must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from KeyCorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KeyCorp 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 KeyCorp. 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.
For more information on how to buy KeyCorp Stock please use our
How to Invest in KeyCorp guide.At this time, KeyCorp's
Tax Provision is fairly stable compared to the past year.
Enterprise Value is likely to rise to about 24.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.7
B in 2024.
KeyCorp fundamental ratios Correlations
Click cells to compare fundamentals
KeyCorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
KeyCorp fundamental ratios Accounts
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Additional Tools for KeyCorp Stock Analysis
When running KeyCorp's price analysis, check to
measure KeyCorp'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 KeyCorp is operating at the current time. Most of KeyCorp's value examination focuses on studying past and present price action to
predict the probability of KeyCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KeyCorp's price. Additionally, you may evaluate how the addition of KeyCorp to your portfolios can decrease your overall portfolio volatility.