| 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 Stock Based Compensation and its Net Income 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.
Stock Based Compensation vs Net Income
Stock Based Compensation vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kingsway Financial Stock Based Compensation account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Kingsway Financial's Stock Based Compensation and Net Income is 0.67. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Net Income 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 Stock Based Compensation and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Kingsway Financial Services are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Stock Based Compensation i.e., Kingsway Financial's Stock Based Compensation and Net Income go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Kingsway Financial financial statement analysis. It represents the amount of money remaining after all of Kingsway Financial Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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
When running Kingsway Financial's price analysis, check to
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
predict the probability of Kingsway 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 Kingsway Financial's price. Additionally, you may evaluate how the addition of Kingsway Financial to your portfolios can decrease your overall portfolio volatility.