KSI Stock | | | 5.59 0.13 2.27% |
Kneat financial indicator trend analysis is infinitely more than just investigating Kneat Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kneat Inc is a good investment. Please check the relationship between Kneat Intangible Assets and its Common Stock accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kneat Inc. 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.
Intangible Assets vs Common Stock
Intangible Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kneat Inc Intangible Assets account and
Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Kneat's Intangible Assets and Common Stock is 0.92. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Kneat Inc, assuming nothing else is changed. The correlation between historical values of Kneat's Intangible Assets 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 Intangible Assets of Kneat Inc 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 Intangible Assets i.e., Kneat's Intangible Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Common Stock
Most indicators from Kneat's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kneat Inc 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 Kneat Inc. 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.
At this time, Kneat's
Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024,
Tax Provision is likely to grow to about 58.7
K, while
Issuance Of Capital Stock is likely to drop 0.00.
Kneat fundamental ratios Correlations
Click cells to compare fundamentals
Kneat Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kneat fundamental ratios Accounts
Other Information on Investing in Kneat Stock
Balance Sheet is a snapshot of the
financial position of Kneat Inc at a specified time, usually calculated after every quarter, six months, or one year. Kneat Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kneat and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Kneat currently owns. An asset can also be divided into two categories, current and non-current.