DOW Stock | | | USD 45.87 0.41 0.90% |
Dow financial indicator trend analysis is much more than just examining Dow Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dow Inc is a good investment. Please check the relationship between Dow Net Debt and its Accumulated Depreciation accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. 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.
Net Debt vs Accumulated Depreciation
Net Debt vs Accumulated Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dow Inc Net Debt account and
Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dow's Net Debt and Accumulated Depreciation is -0.14. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Dow Inc, assuming nothing else is changed. The correlation between historical values of Dow's Net Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Dow Inc are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Debt i.e., Dow's Net Debt and Accumulated Depreciation go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Dow Inc fixed asset that has been charged to Dow expense since that asset was acquired and made available for Dow use. The accumulated depreciation account is Dow Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Dow Inc.
Most indicators from Dow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dow Inc 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 Dow Inc. 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.
At this time, Dow's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to climb to about 187.2
M in 2024, despite the fact that
Tax Provision is likely to grow to (3.8
M).
Dow fundamental ratios Correlations
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Dow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dow fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Dow Stock Analysis
When running Dow's price analysis, check to
measure Dow'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 Dow is operating at the current time. Most of Dow's value examination focuses on studying past and present price action to
predict the probability of Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dow's price. Additionally, you may evaluate how the addition of Dow to your portfolios can decrease your overall portfolio volatility.