GLW Stock | | | USD 48.67 0.45 0.93% |
Corning Incorporated financial indicator trend analysis is way more than just evaluating Corning Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corning Incorporated is a good investment. Please check the relationship between Corning Incorporated Change To Inventory and its Begin Period Cash Flow accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. 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 Corning Stock please use our
How to Invest in Corning Incorporated guide.
Change To Inventory vs Begin Period Cash Flow
Change To Inventory vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Corning Incorporated Change To Inventory account and
Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Corning Incorporated's Change To Inventory and Begin Period Cash Flow is -0.25. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Corning Incorporated, assuming nothing else is changed. The correlation between historical values of Corning Incorporated's Change To Inventory and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Corning Incorporated are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Inventory i.e., Corning Incorporated's Change To Inventory and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Corning Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corning Incorporated 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. 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 Corning Stock please use our
How to Invest in Corning Incorporated guide.
Enterprise Value is likely to climb to about 27.8
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.2
B in 2024.
Corning Incorporated fundamental ratios Correlations
Click cells to compare fundamentals
Corning Incorporated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Corning Incorporated fundamental ratios Accounts
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Additional Tools for Corning Stock Analysis
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measure Corning Incorporated'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 Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to
predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.