KMT Stock | | | USD 29.40 0.28 0.96% |
Kennametal financial indicator trend analysis is infinitely more than just investigating Kennametal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kennametal is a good investment. Please check the relationship between Kennametal Stock Based Compensation and its Change To Operating Activities accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Kennametal Stock please use our
How to Invest in Kennametal guide.
Stock Based Compensation vs Change To Operating Activities
Stock Based Compensation vs Change To Operating Activities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kennametal Stock Based Compensation account and
Change To Operating Activities. At this time, the significance of the direction appears to have no relationship.
The correlation between Kennametal's Stock Based Compensation and Change To Operating Activities is 0.06. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Stock Based Compensation and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Kennametal are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Stock Based Compensation i.e., Kennametal's Stock Based Compensation and Change To Operating Activities go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Change To Operating Activities
Most indicators from Kennametal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kennametal 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 Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Kennametal Stock please use our
How to Invest in Kennametal guide.At this time, Kennametal's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas
Selling General Administrative is likely to drop slightly above 526.9
M in 2024.
Kennametal fundamental ratios Correlations
Click cells to compare fundamentals
Kennametal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kennametal fundamental ratios Accounts
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Additional Tools for Kennametal Stock Analysis
When running Kennametal's price analysis, check to
measure Kennametal'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 Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to
predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.