KMT Stock | | | USD 24.58 0.40 1.60% |
Kennametal financial indicator trend analysis is infinitely more than just investigating Kennametal recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kennametal is a good investment. Please check the relationship between Kennametal Dividends Paid and its Change In Cash accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Kennametal Stock please use our
How to Invest in Kennametal guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kennametal Dividends Paid account and
Change In Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Kennametal's Dividends Paid and Change In Cash is -0.02. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Kennametal, assuming nothing else is changed. The correlation between historical values of Kennametal's Dividends Paid and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Kennametal are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Dividends Paid i.e., Kennametal's Dividends Paid and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Kennametal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kennametal 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 Kennametal. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Kennametal Stock please use our
How to Invest in Kennametal guide.At this time, Kennametal's
Tax Provision is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas
Selling General Administrative is likely to drop slightly above 526.9
M in 2024.
When running Kennametal's price analysis, check to
measure Kennametal'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 Kennametal is operating at the current time. Most of Kennametal's value examination focuses on studying past and present price action to
predict the probability of Kennametal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kennametal's price. Additionally, you may evaluate how the addition of Kennametal to your portfolios can decrease your overall portfolio volatility.