LRCX Stock | | | USD 72.11 1.02 1.39% |
Lam Research financial indicator trend analysis is infinitely more than just investigating Lam Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lam Research Corp is a good investment. Please check the relationship between Lam Research Good Will and its Total Liab accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Good Will vs Total Liab
Good Will vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lam Research Corp Good Will account and
Total Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lam Research's Good Will and Total Liab is -0.08. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Liab in the same time period over historical financial statements of Lam Research Corp, assuming nothing else is changed. The correlation between historical values of Lam Research's Good Will and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Lam Research Corp are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Good Will i.e., Lam Research's Good Will and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Lam Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lam Research Corp 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 Lam Research Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Lam Research's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 19.9
M in 2024, whereas
Tax Provision is likely to drop slightly above 415.3
M in 2024.
Lam Research fundamental ratios Correlations
Click cells to compare fundamentals
Lam Research Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lam Research fundamental ratios Accounts
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measure Lam Research'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 Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to
predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.