KT Stock | | | USD 16.60 0.26 1.59% |
KT financial indicator trend analysis is infinitely more than just investigating KT Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KT Corporation is a good investment. Please check the relationship between KT Short Long Term Debt Total and its Inventory accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
KT Corporation Short Long Term Debt Total account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between KT's Short Long Term Debt Total and Inventory is 0.68. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Inventory in the same time period over historical financial statements of KT Corporation, assuming nothing else is changed. The correlation between historical values of KT's Short Long Term Debt Total and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of KT Corporation are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Long Term Debt Total i.e., KT's Short Long Term Debt Total and Inventory go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Most indicators from KT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KT Corporation 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 KT Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Tax Provision is likely to gain to about 379.5
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 159.2
B in 2024.
When running KT's price analysis, check to
measure KT'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 KT is operating at the current time. Most of KT's value examination focuses on studying past and present price action to
predict the probability of KT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KT's price. Additionally, you may evaluate how the addition of KT to your portfolios can decrease your overall portfolio volatility.