KEYS Stock | | | USD 170.43 4.95 2.99% |
Keysight Technologies financial indicator trend analysis is infinitely more than just investigating Keysight Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keysight Technologies is a good investment. Please check the relationship between Keysight Technologies Ebitda and its Tax Provision accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keysight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Keysight Stock please use our
How to Invest in Keysight Technologies guide.
Ebitda vs Tax Provision
Ebitda vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Keysight Technologies Ebitda account and
Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Keysight Technologies' Ebitda and Tax Provision is 0.66. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Keysight Technologies, assuming nothing else is changed. The correlation between historical values of Keysight Technologies' Ebitda and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Keysight Technologies are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Ebitda i.e., Keysight Technologies' Ebitda and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Keysight Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keysight Technologies 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 Keysight Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in manufacturing.
For more information on how to buy Keysight Stock please use our
How to Invest in Keysight Technologies guide.At this time, Keysight Technologies' Tax Provision is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 15.60 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
Keysight Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Keysight Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Keysight Technologies fundamental ratios Accounts
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Additional Tools for Keysight Stock Analysis
When running Keysight Technologies' price analysis, check to
measure Keysight Technologies' 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 Keysight Technologies is operating at the current time. Most of Keysight Technologies' value examination focuses on studying past and present price action to
predict the probability of Keysight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keysight Technologies' price. Additionally, you may evaluate how the addition of Keysight Technologies to your portfolios can decrease your overall portfolio volatility.