LVLU Stock | | | USD 1.11 0.05 4.31% |
Lulus Fashion financial indicator trend analysis is infinitely more than just investigating Lulus Fashion Lounge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lulus Fashion Lounge is a good investment. Please check the relationship between Lulus Fashion Inventory Turnover and its Book Value Per Share accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lulus Fashion Lounge. 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.
Inventory Turnover vs Book Value Per Share
Inventory Turnover vs Book Value Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lulus Fashion Lounge Inventory Turnover account and
Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lulus Fashion's Inventory Turnover and Book Value Per Share is -0.58. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Lulus Fashion Lounge, assuming nothing else is changed. The correlation between historical values of Lulus Fashion's Inventory Turnover and Book Value Per Share 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 Turnover of Lulus Fashion Lounge are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Inventory Turnover i.e., Lulus Fashion's Inventory Turnover and Book Value Per Share go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Lulus Fashion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lulus Fashion Lounge 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 Lulus Fashion Lounge. 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.
Selling General Administrative is likely to gain to about 92.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.6
M).
Lulus Fashion fundamental ratios Correlations
Click cells to compare fundamentals
Lulus Fashion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lulus Fashion fundamental ratios Accounts
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Additional Tools for Lulus Stock Analysis
When running Lulus Fashion's price analysis, check to
measure Lulus Fashion'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 Lulus Fashion is operating at the current time. Most of Lulus Fashion's value examination focuses on studying past and present price action to
predict the probability of Lulus Fashion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lulus Fashion's price. Additionally, you may evaluate how the addition of Lulus Fashion to your portfolios can decrease your overall portfolio volatility.