KARURVYSYA | | | 238.06 0.75 0.31% |
Karur Vysya financial indicator trend analysis is infinitely more than just investigating Karur Vysya Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karur Vysya Bank is a good investment. Please check the relationship between Karur Vysya Net Receivables and its Total Stockholder Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karur Vysya 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 metropolitan statistical area.
Net Receivables vs Total Stockholder Equity
Net Receivables vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Karur Vysya Bank Net Receivables account and
Total Stockholder Equity. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Karur Vysya's Net Receivables and Total Stockholder Equity is -0.59. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Karur Vysya Bank, assuming nothing else is changed. The correlation between historical values of Karur Vysya's Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Karur Vysya Bank are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Karur Vysya's Net Receivables and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.59 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Receivables
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Karur Vysya's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karur Vysya 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 Karur Vysya 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 metropolitan statistical area.
At this time, Karur Vysya's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 87.3
M in 2024, whereas
Tax Provision is likely to drop slightly above 2.7
B in 2024.
Karur Vysya fundamental ratios Correlations
Click cells to compare fundamentals
Karur Vysya Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Karur Vysya fundamental ratios Accounts
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Additional Tools for Karur Stock Analysis
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measure Karur Vysya'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 Karur Vysya is operating at the current time. Most of Karur Vysya's value examination focuses on studying past and present price action to
predict the probability of Karur Vysya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karur Vysya's price. Additionally, you may evaluate how the addition of Karur Vysya to your portfolios can decrease your overall portfolio volatility.