DOV Stock | | | USD 206.51 0.17 0.08% |
Dover financial indicator trend analysis is much more than just examining Dover latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dover is a good investment. Please check the relationship between Dover Non Operating Income Net Other and its Total Revenue accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Dover Stock please use our
How to Invest in Dover guide.
Non Operating Income Net Other vs Total Revenue
Non Operating Income Net Other vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dover Non Operating Income Net Other account and
Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dover's Non Operating Income Net Other and Total Revenue is 0.17. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Dover, assuming nothing else is changed. The correlation between historical values of Dover's Non Operating Income Net Other and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Dover are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Operating Income Net Other i.e., Dover's Non Operating Income Net Other and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Non Operating Income Net Other
Total Revenue
Total revenue comprises all receipts Dover generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Dover's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dover 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dover. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Dover Stock please use our
How to Invest in Dover guide.At this time, Dover's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 15.15 in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.6
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 3.0B | 3.1B | 3.1B | 2.1B | Total Revenue | 7.9B | 8.5B | 8.4B | 5.8B |
Dover fundamental ratios Correlations
Click cells to compare fundamentals
Dover Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dover fundamental ratios Accounts
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Additional Tools for Dover Stock Analysis
When running Dover's price analysis, check to
measure Dover'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 Dover is operating at the current time. Most of Dover's value examination focuses on studying past and present price action to
predict the probability of Dover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dover's price. Additionally, you may evaluate how the addition of Dover to your portfolios can decrease your overall portfolio volatility.