LW Stock | | | USD 77.24 0.53 0.69% |
Lamb Weston financial indicator trend analysis is infinitely more than just investigating Lamb Weston Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lamb Weston Holdings is a good investment. Please check the relationship between Lamb Weston Net Tangible Assets and its Long Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamb Weston Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
Net Tangible Assets vs Long Term Investments
Net Tangible Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lamb Weston Holdings Net Tangible Assets account and
Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lamb Weston's Net Tangible Assets and Long Term Investments is -0.69. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Lamb Weston Holdings, assuming nothing else is changed. The correlation between historical values of Lamb Weston's Net Tangible Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Lamb Weston Holdings are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., Lamb Weston's Net Tangible Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Long Term Investments
Long Term Investments is an item on the asset side of Lamb Weston balance sheet that represents investments Lamb Weston Holdings intends to hold for over a year. Lamb Weston Holdings long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Lamb Weston's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lamb Weston Holdings 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 Lamb Weston Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in housing.
At this time, Lamb Weston's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to climb to 20.13 in 2024, whereas
Selling General Administrative is likely to drop slightly above 353.2
M in 2024.
Lamb Weston fundamental ratios Correlations
Click cells to compare fundamentals
Lamb Weston Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lamb Weston fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Lamb Stock Analysis
When running Lamb Weston's price analysis, check to
measure Lamb Weston'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 Lamb Weston is operating at the current time. Most of Lamb Weston's value examination focuses on studying past and present price action to
predict the probability of Lamb Weston's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamb Weston's price. Additionally, you may evaluate how the addition of Lamb Weston to your portfolios can decrease your overall portfolio volatility.