LPX Stock | | | USD 120.22 4.33 3.74% |
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Total Cash From Operating Activities and its Asset Turnover accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.
Total Cash From Operating Activities vs Asset Turnover
Total Cash From Operating Activities vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Louisiana Pacific Total Cash From Operating Activities account and
Asset Turnover. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Louisiana Pacific's Total Cash From Operating Activities and Asset Turnover is 0.92. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Total Cash From Operating Activities and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Cash From Operating Activities of Louisiana Pacific are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Cash From Operating Activities i.e., Louisiana Pacific's Total Cash From Operating Activities and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Cash From Operating Activities
Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 139.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 189.9
M in 2024.
Louisiana Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Louisiana Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Louisiana Pacific fundamental ratios Accounts
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Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to
measure Louisiana Pacific'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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to
predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.