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 Other Current Assets and its Common Stock 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.
Other Current Assets vs Common Stock
Other Current Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Seek Other Current Assets account and
Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Seek's Other Current Assets and Common Stock is 0.3. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Seek, assuming nothing else is changed. The correlation between historical values of Seek's Other Current 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 Other Current Assets of Seek 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 Other Current Assets i.e., Seek's Other Current Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.3 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Common Stock
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.