KTKBANK Stock | | | 209.08 0.13 0.06% |
Karnataka Bank financial indicator trend analysis is infinitely more than just investigating Karnataka Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karnataka Bank is a good investment. Please check the relationship between Karnataka Bank Common Stock and its Total Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Karnataka Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Common Stock vs Total Current Assets
Common Stock vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karnataka Bank Common Stock account and
Total Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Karnataka Bank's Common Stock and Total Current Assets is 0.3. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of The Karnataka Bank, assuming nothing else is changed. The correlation between historical values of Karnataka Bank's Common Stock and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of The Karnataka Bank are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Common Stock i.e., Karnataka Bank's Common Stock and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Common Stock
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Karnataka Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karnataka Bank 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 The Karnataka Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Karnataka Bank's
Selling General Administrative is quite stable compared to the past year.
Issuance Of Capital Stock is expected to rise to about 15.6
B this year, although the value of
Tax Provision will most likely fall to about 1.4
B.
Karnataka Bank fundamental ratios Correlations
Click cells to compare fundamentals
Karnataka Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karnataka Bank fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Karnataka Stock
Balance Sheet is a snapshot of the
financial position of Karnataka Bank at a specified time, usually calculated after every quarter, six months, or one year. Karnataka Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Karnataka Bank 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 Karnataka currently owns. An asset can also be divided into two categories, current and non-current.