| KNW Stock | | | USD 0.25 0.01 4.38% |
Know Labs financial indicator trend analysis is infinitely more than just investigating Know Labs recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Know Labs is a good investment. Please check the relationship between Know Labs Cost Of Revenue and its Capex To Revenue accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Know Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Know Stock please use our
How to Invest in Know Labs guide.
Cost Of Revenue vs Capex To Revenue
Cost Of Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Know Labs Cost Of Revenue account and
Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Know Labs' Cost Of Revenue and Capex To Revenue is -0.66. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Know Labs, assuming nothing else is changed. The correlation between historical values of Know Labs' Cost Of Revenue and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Know Labs are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Cost Of Revenue i.e., Know Labs' Cost Of Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | -0.66 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Know Labs income statement and represents the costs associated with goods and services Know Labs provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Know Labs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Know Labs 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 Know Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more information on how to buy Know Stock please use our
How to Invest in Know Labs guide.
Selling General Administrative is likely to drop to about 8.7
M in 2024.
Issuance Of Capital Stock is likely to drop to about 3.6
M in 2024
Know Labs fundamental ratios Correlations
Click cells to compare fundamentals
Know Labs Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Know Labs 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 Know Stock Analysis
When running Know Labs' price analysis, check to
measure Know Labs' 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 Know Labs is operating at the current time. Most of Know Labs' value examination focuses on studying past and present price action to
predict the probability of Know Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Know Labs' price. Additionally, you may evaluate how the addition of Know Labs to your portfolios can decrease your overall portfolio volatility.