KRT Stock | | | USD 30.64 1.04 3.51% |
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 Net Invested Capital and its Common Stock 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.
Net Invested Capital vs Common Stock
Net Invested Capital vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karat Packaging Net Invested Capital account and
Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Karat Packaging's Net Invested Capital and Common Stock is 0.62. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock 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 Net Invested Capital and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Karat Packaging are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Invested Capital i.e., Karat Packaging's Net Invested Capital and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
Common Stock
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.
Karat Packaging fundamental ratios Correlations
Click cells to compare fundamentals
Karat Packaging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karat Packaging fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Karat Stock Analysis
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.