Korver Total Assets vs Accounts Payable Analysis
| KOVR Stock | USD 0.0001 0.00 0.00% |
Korver Corp financial indicator trend analysis is infinitely more than just investigating Korver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Korver Corp is a good investment. Please check the relationship between Korver Corp Total Assets and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Korver Stock, please use our How to Invest in Korver Corp guide.
Total Assets vs Accounts Payable
Total Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Korver Corp Total Assets account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Korver Corp's Total Assets and Accounts Payable is -0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Korver Corp, assuming nothing else is changed. The correlation between historical values of Korver Corp's Total Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Korver Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Assets i.e., Korver Corp's Total Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Korver Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Korver Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Accounts Payable
An accounting item on the balance sheet that represents Korver Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Korver Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Korver Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Korver Corp 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 Korver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. To learn how to invest in Korver Stock, please use our How to Invest in Korver Corp guide.As of 11/25/2024, Enterprise Value is likely to grow to about 679.6 K, while Selling General Administrative is likely to drop slightly above 324.4 K.
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 391.9K | 57.7K | 51.9K | 49.3K | Total Revenue | 1.2M | 729.4K | 656.5K | 778.2K |
Korver Corp fundamental ratios Correlations
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Korver Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Korver Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Korver Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Korver Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Korver Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korver Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Korver Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Korver Corp to buy it.
The correlation of Korver Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Korver Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korver Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Korver Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Korver Stock Analysis
When running Korver Corp's price analysis, check to measure Korver Corp'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 Korver Corp is operating at the current time. Most of Korver Corp's value examination focuses on studying past and present price action to predict the probability of Korver Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korver Corp's price. Additionally, you may evaluate how the addition of Korver Corp to your portfolios can decrease your overall portfolio volatility.