KRNT Stock | | | USD 31.34 0.02 0.06% |
Kornit Digital financial indicator trend analysis is infinitely more than just investigating Kornit Digital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kornit Digital is a good investment. Please check the relationship between Kornit Digital Retained Earnings and its Long Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kornit Digital. 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 Kornit Stock please use our
How to Invest in Kornit Digital guide.
Retained Earnings vs Long Term Investments
Retained Earnings vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kornit Digital Retained Earnings account and
Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Kornit Digital's Retained Earnings and Long Term Investments is -0.7. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Kornit Digital, assuming nothing else is changed. The correlation between historical values of Kornit Digital's Retained Earnings and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Kornit Digital are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., Kornit Digital's Retained Earnings and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Long Term Investments
Long Term Investments is an item on the asset side of Kornit Digital balance sheet that represents investments Kornit Digital intends to hold for over a year. Kornit Digital long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Kornit Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kornit Digital 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 Kornit Digital. 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 Kornit Stock please use our
How to Invest in Kornit Digital guide.At this time, Kornit Digital's
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 1.4
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 20.4
M in 2024.
Kornit Digital fundamental ratios Correlations
Click cells to compare fundamentals
Kornit Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kornit Digital fundamental ratios Accounts
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Additional Tools for Kornit Stock Analysis
When running Kornit Digital's price analysis, check to
measure Kornit Digital'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 Kornit Digital is operating at the current time. Most of Kornit Digital's value examination focuses on studying past and present price action to
predict the probability of Kornit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kornit Digital's price. Additionally, you may evaluate how the addition of Kornit Digital to your portfolios can decrease your overall portfolio volatility.