LXU Stock | | | USD 8.95 0.14 1.59% |
Lsb Industries financial indicator trend analysis is infinitely more than just investigating Lsb Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lsb Industries is a good investment. Please check the relationship between Lsb Industries Inventory and its Intangible Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lsb Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Lsb Stock please use our
How to Invest in Lsb Industries guide.
Inventory vs Intangible Assets
Inventory vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lsb Industries Inventory account and
Intangible Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lsb Industries' Inventory and Intangible Assets is 0.24. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Lsb Industries, assuming nothing else is changed. The correlation between historical values of Lsb Industries' Inventory and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Lsb Industries are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Inventory i.e., Lsb Industries' Inventory and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.24 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Lsb Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lsb Industries 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 Lsb Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in interest.
For more information on how to buy Lsb Stock please use our
How to Invest in Lsb Industries guide.At this time, Lsb Industries'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 11
M in 2024, whereas
Enterprise Value Multiple is likely to drop 5.91 in 2024.
Lsb Industries fundamental ratios Correlations
Click cells to compare fundamentals
Lsb Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lsb Industries fundamental ratios Accounts
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Additional Tools for Lsb Stock Analysis
When running Lsb Industries' price analysis, check to
measure Lsb Industries' 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 Lsb Industries is operating at the current time. Most of Lsb Industries' value examination focuses on studying past and present price action to
predict the probability of Lsb Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lsb Industries' price. Additionally, you may evaluate how the addition of Lsb Industries to your portfolios can decrease your overall portfolio volatility.