| DOW Stock | | | USD 45.46 0.65 1.45% |
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 Operating Income and its Minority Interest 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.
Operating Income vs Minority Interest
Operating Income vs Minority Interest Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dow Inc Operating Income account and
Minority Interest. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dow's Operating Income and Minority Interest is 0.18. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Minority Interest 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 Operating Income and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Dow Inc are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Operating Income i.e., Dow's Operating Income and Minority Interest go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Dow Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Dow Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Dow Inc whose combined shares represent less than 50% of the total outstanding shares issued by Dow have a minority interest in Dow.
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.