KRT Stock | | | USD 30.87 0.23 0.75% |
Karat Packaging financial indicator trend analysis is infinitely more than just investigating Karat Packaging recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karat Packaging is a good investment. Please check the relationship between Karat Packaging Ebitda and its Selling General Administrative accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our
How to Invest in Karat Packaging guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karat Packaging Ebitda account and
Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Karat Packaging's Ebitda and Selling General Administrative is 0.95. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Karat Packaging, assuming nothing else is changed. The correlation between historical values of Karat Packaging's Ebitda and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Karat Packaging are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Ebitda i.e., Karat Packaging's Ebitda and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Most indicators from Karat Packaging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karat Packaging 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 Karat Packaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
For more information on how to buy Karat Stock please use our
How to Invest in Karat Packaging guide.At this time, Karat Packaging's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Selling General Administrative is likely to drop slightly above 51
M in 2024.
When running Karat Packaging's price analysis, check to
measure Karat Packaging'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 Karat Packaging is operating at the current time. Most of Karat Packaging's value examination focuses on studying past and present price action to
predict the probability of Karat Packaging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karat Packaging's price. Additionally, you may evaluate how the addition of Karat Packaging to your portfolios can decrease your overall portfolio volatility.