| KFS Stock | | | USD 8.38 0.06 0.71% |
Kingsway Financial financial indicator trend analysis is infinitely more than just investigating Kingsway Financial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kingsway Financial is a good investment. Please check the relationship between Kingsway Financial Change In Cash and its Other Non Cash Items accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kingsway 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 census.
Change In Cash vs Other Non Cash Items
Change In Cash vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingsway Financial Change In Cash account and
Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kingsway Financial's Change In Cash and Other Non Cash Items is 0.17. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Kingsway Financial Services, assuming nothing else is changed. The correlation between historical values of Kingsway Financial's Change In Cash and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Kingsway Financial Services are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change In Cash i.e., Kingsway Financial's Change In Cash and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | 0.17 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Change In Cash
Other Non Cash Items
Most indicators from Kingsway Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kingsway 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 Kingsway 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 census.
At this time, Kingsway Financial's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 44.68 in 2024, whereas
Tax Provision is likely to drop (2
M) in 2024.
Kingsway Financial fundamental ratios Correlations
Click cells to compare fundamentals
Kingsway Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kingsway Financial fundamental ratios Accounts
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Additional Tools for Kingsway Stock Analysis
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measure Kingsway 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 Kingsway Financial is operating at the current time. Most of Kingsway Financial's value examination focuses on studying past and present price action to
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