SEK Stock | | | 26.29 0.17 0.65% |
Seek financial indicator trend analysis is much more than just breaking down Seek prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seek is a good investment. Please check the relationship between Seek Common Stock Total Equity and its Short Term Investments accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Seek. 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.
Common Stock Total Equity vs Short Term Investments
Common Stock Total Equity vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Seek Common Stock Total Equity account and
Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Seek's Common Stock Total Equity and Short Term Investments is 0.17. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Seek, assuming nothing else is changed. The correlation between historical values of Seek's Common Stock Total Equity and Short Term Investments 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 Total Equity of Seek are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., Seek's Common Stock Total Equity and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Short Term Investments
Short Term Investments is an item under the current assets section of Seek balance sheet. It contains any investments Seek undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Seek can easily liquidate in the marketplace.
Most indicators from Seek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seek 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Seek. 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.
Selling General Administrative is likely to gain to about 570
M in 2024, whereas
Discontinued Operations is likely to drop slightly above 538.9
M in 2024.
Seek fundamental ratios Correlations
Click cells to compare fundamentals
Seek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seek fundamental ratios Accounts
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Additional Tools for Seek Stock Analysis
When running Seek's price analysis, check to
measure Seek'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 Seek is operating at the current time. Most of Seek's value examination focuses on studying past and present price action to
predict the probability of Seek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seek's price. Additionally, you may evaluate how the addition of Seek to your portfolios can decrease your overall portfolio volatility.