KFY Stock | | | USD 77.45 0.47 0.61% |
Korn Ferry financial indicator trend analysis is infinitely more than just investigating Korn Ferry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korn Ferry is a good investment. Please check the relationship between Korn Ferry Current Deferred Revenue and its Net Working Capital accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korn Ferry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Korn Stock please use our
How to Invest in Korn Ferry guide.
Current Deferred Revenue vs Net Working Capital
Current Deferred Revenue vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Korn Ferry Current Deferred Revenue account and
Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Korn Ferry's Current Deferred Revenue and Net Working Capital is 0.95. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Korn Ferry, assuming nothing else is changed. The correlation between historical values of Korn Ferry's Current Deferred Revenue and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Korn Ferry are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Current Deferred Revenue i.e., Korn Ferry's Current Deferred Revenue and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Net Working Capital
Most indicators from Korn Ferry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korn Ferry 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 Korn Ferry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in census.
For more information on how to buy Korn Stock please use our
How to Invest in Korn Ferry guide.At this time, Korn Ferry's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to rise to 14.00 in 2024, whereas
Selling General Administrative is likely to drop slightly above 246.1
M in 2024.
Korn Ferry fundamental ratios Correlations
Click cells to compare fundamentals
Korn Ferry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Korn Ferry fundamental ratios Accounts
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.
Additional Tools for Korn Stock Analysis
When running Korn Ferry's price analysis, check to
measure Korn Ferry'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 Korn Ferry is operating at the current time. Most of Korn Ferry's value examination focuses on studying past and present price action to
predict the probability of Korn Ferry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korn Ferry's price. Additionally, you may evaluate how the addition of Korn Ferry to your portfolios can decrease your overall portfolio volatility.