LEN-B Stock | | | USD 160.49 1.32 0.83% |
Lennar financial indicator trend analysis is infinitely more than just investigating Lennar recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lennar is a good investment. Please check the relationship between Lennar Property Plant And Equipment Gross and its Net Receivables accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For information on how to trade Lennar Stock refer to our
How to Trade Lennar Stock guide.
Property Plant And Equipment Gross vs Net Receivables
Property Plant And Equipment Gross vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lennar Property Plant And Equipment Gross account and
Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lennar's Property Plant And Equipment Gross and Net Receivables is 0.68. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Lennar, assuming nothing else is changed. The correlation between historical values of Lennar's Property Plant And Equipment Gross and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Lennar are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Property Plant And Equipment Gross i.e., Lennar's Property Plant And Equipment Gross and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Gross
Net Receivables
Most indicators from Lennar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lennar 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 Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For information on how to trade Lennar Stock refer to our
How to Trade Lennar Stock guide.At present, Lennar's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Enterprise Value Over EBITDA is expected to grow to 6.48, whereas
Tax Provision is forecasted to decline to about 907.3
M.
Lennar fundamental ratios Correlations
Click cells to compare fundamentals
Lennar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lennar fundamental ratios Accounts
Also Currently Popular
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.
When determining whether Lennar
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lennar's
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lennar Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Lennar Stock: Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lennar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For information on how to trade Lennar Stock refer to our
How to Trade Lennar Stock guide.
You can also try the
My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Please note, there is a significant difference between Lennar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lennar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lennar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.