Keynote Common Stock Shares Outstanding vs Short Term Investments Analysis
KEYFINSERV | 248.86 2.42 0.96% |
Keynote Financial financial indicator trend analysis is infinitely more than just investigating Keynote Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Keynote Financial is a good investment. Please check the relationship between Keynote Financial Common Stock Shares Outstanding and its Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Keynote Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Common Stock Shares Outstanding vs Short Term Investments
Common Stock Shares Outstanding vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Keynote Financial Common Stock Shares Outstanding account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Keynote Financial's Common Stock Shares Outstanding and Short Term Investments is -0.07. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Keynote Financial Services, assuming nothing else is changed. The correlation between historical values of Keynote Financial's Common Stock Shares Outstanding 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 Shares Outstanding of Keynote Financial Services 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 Shares Outstanding i.e., Keynote Financial's Common Stock Shares Outstanding and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of Keynote Financial balance sheet. It contains any investments Keynote Financial Services undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Keynote Financial can easily liquidate in the marketplace.Most indicators from Keynote Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Keynote Financial 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 Keynote Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Selling General Administrative is likely to gain to about 62.7 M in 2024. Tax Provision is likely to gain to about 80.7 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 123.5M | 85.4M | 427.2M | 448.5M | Total Revenue | 174.5M | 140.7M | 493.3M | 517.9M |
Keynote Financial fundamental ratios Correlations
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Keynote Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Keynote Financial's price analysis, check to measure Keynote Financial'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 Keynote Financial is operating at the current time. Most of Keynote Financial's value examination focuses on studying past and present price action to predict the probability of Keynote Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keynote Financial's price. Additionally, you may evaluate how the addition of Keynote Financial to your portfolios can decrease your overall portfolio volatility.