LOW Stock | | | USD 264.68 0.54 0.20% |
Lowes Companies financial indicator trend analysis is infinitely more than just investigating Lowes Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lowes Companies is a good investment. Please check the relationship between Lowes Companies Other Current Liab and its Other Stockholder Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. 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 Lowes Stock please use our
How to Invest in Lowes Companies guide.
Other Current Liab vs Other Stockholder Equity
Other Current Liab vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lowes Companies Other Current Liab account and
Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Lowes Companies' Other Current Liab and Other Stockholder Equity is 0.15. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Lowes Companies, assuming nothing else is changed. The correlation between historical values of Lowes Companies' Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Lowes Companies are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Lowes Companies' Other Current Liab and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.15 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Other Current Liab
Other Stockholder Equity
Most indicators from Lowes Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lowes Companies 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 Lowes Companies. 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 Lowes Stock please use our
How to Invest in Lowes Companies guide.At this time, Lowes Companies'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 13.79 in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.8
B in 2024.
Lowes Companies fundamental ratios Correlations
Click cells to compare fundamentals
Lowes Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lowes Companies fundamental ratios Accounts
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Additional Tools for Lowes Stock Analysis
When running Lowes Companies' price analysis, check to
measure Lowes Companies' 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 Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to
predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.