LXU Stock | | | USD 7.66 0.01 0.13% |
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 Other Non Cash Items and its Change In Cash 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lsb Industries Other Non Cash Items account and
Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lsb Industries' Other Non Cash Items and Change In Cash is -0.33. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Cash 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' Other Non Cash Items and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Lsb Industries are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Other Non Cash Items i.e., Lsb Industries' Other Non Cash Items and Change In Cash go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.
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.