| LYC Stock | | | 6.88 0.10 1.47% |
Lynas Rare financial indicator trend analysis is infinitely more than just investigating Lynas Rare Earths recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lynas Rare Earths is a good investment. Please check the relationship between Lynas Rare Depreciation And Amortization and its Selling And Marketing Expenses accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lynas Rare Earths. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Depreciation And Amortization vs Selling And Marketing Expenses
Depreciation And Amortization vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lynas Rare Earths Depreciation And Amortization account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lynas Rare's Depreciation And Amortization and Selling And Marketing Expenses is -0.52. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Lynas Rare Earths, assuming nothing else is changed. The correlation between historical values of Lynas Rare's Depreciation And Amortization and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Lynas Rare Earths are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Depreciation And Amortization i.e., Lynas Rare's Depreciation And Amortization and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Selling And Marketing Expenses
Most indicators from Lynas Rare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lynas Rare Earths 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 Lynas Rare Earths. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 22
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 28.8
M in 2024.
Lynas Rare fundamental ratios Correlations
Click cells to compare fundamentals
Lynas Rare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lynas Rare fundamental ratios Accounts
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Additional Tools for Lynas Stock Analysis
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measure Lynas Rare'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 Lynas Rare is operating at the current time. Most of Lynas Rare's value examination focuses on studying past and present price action to
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