| LULU Stock | | | USD 323.48 8.34 2.65% |
Lululemon Athletica financial indicator trend analysis is infinitely more than just investigating Lululemon Athletica recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lululemon Athletica is a good investment. Please check the relationship between Lululemon Athletica Other Current Assets and its Common Stock Shares Outstanding accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Lululemon Stock please use our
How to Invest in Lululemon Athletica guide.
Other Current Assets vs Common Stock Shares Outstanding
Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lululemon Athletica Other Current Assets account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have no relationship.
The correlation between Lululemon Athletica's Other Current Assets and Common Stock Shares Outstanding is 0.05. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Lululemon Athletica, assuming nothing else is changed. The correlation between historical values of Lululemon Athletica's Other Current Assets and Common Stock Shares Outstanding 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 Assets of Lululemon Athletica are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Lululemon Athletica's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.05 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Lululemon Athletica's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lululemon Athletica 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 Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Lululemon Stock please use our
How to Invest in Lululemon Athletica guide.At this time, Lululemon Athletica's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.32 in 2024, whereas
Tax Provision is likely to drop slightly above 373.5
M in 2024.
Lululemon Athletica fundamental ratios Correlations
Click cells to compare fundamentals
Lululemon Athletica Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lululemon Athletica fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Lululemon Stock Analysis
When running Lululemon Athletica's price analysis, check to
measure Lululemon Athletica'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 Lululemon Athletica is operating at the current time. Most of Lululemon Athletica's value examination focuses on studying past and present price action to
predict the probability of Lululemon Athletica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lululemon Athletica's price. Additionally, you may evaluate how the addition of Lululemon Athletica to your portfolios can decrease your overall portfolio volatility.