Dow Long Term Investments vs Good Will Analysis

DOW Stock

USD 56.44 0.54 0.95%

Dow financial indicator trend analysis is much more than just examining Dow Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dow Inc is a good investment. Please check the relationship between Dow Long Term Investments and its Good Will accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dow Inc Long Term Investments account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Dow's Long Term Investments and Good Will is 0.9. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Good Will in the same time period over historical financial statements of Dow Inc, assuming nothing else is changed. The correlation between historical values of Dow's Long Term Investments and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Dow Inc are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Long Term Investments i.e., Dow's Long Term Investments and Good Will go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Dow balance sheet that represents investments Dow Inc intends to hold for over a year. Dow Inc long term investments may include different instruments such as stocks, bonds, real estate and cash.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Dow's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dow Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

At this time, Dow's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 187.2 M in 2024, despite the fact that Tax Provision is likely to grow to (3.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	10.8B	8.6B	4.9B	6.9B
Total Revenue	55.0B	56.9B	44.6B	41.0B

Gross Profit Total Revenue

Dow fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Retained Earnings Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Treasury Stock
Total Assets		0.76	0.79	0.48	0.57	0.44	0.44	0.95	-0.51	0.45	0.81	0.9	0.39	-0.13	0.81	0.07	-0.38	0.78	-0.37	0.21	-0.59	0.77	-0.12	0.57	0.87	0.05
Total Current Liabilities	0.76		0.55	0.18	0.25	0.21	0.1	0.73	-0.19	0.1	0.82	0.64	0.16	-0.26	0.56	0.29	-0.32	0.68	-0.07	0.46	-0.26	0.54	-0.11	0.58	0.66	0.28
Total Stockholder Equity	0.79	0.55		0.54	0.72	0.59	0.51	0.63	-0.62	0.52	0.7	0.81	0.49	-0.19	0.58	-0.3	-0.39	0.77	-0.49	-0.17	-0.52	0.84	0.25	0.29	0.86	-0.2
Net Tangible Assets	0.48	0.18	0.54		0.84	0.05	0.57	0.44	-0.05	0.57	0.1	0.33	-0.05	0.51	0.14	-0.52	0.2	0.12	-0.05	-0.45	-0.09	0.27	-0.01	-0.04	0.44	-0.36
Retained Earnings	0.57	0.25	0.72	0.84		0.14	0.45	0.5	-0.21	0.45	0.34	0.48	0.0	0.41	0.27	-0.48	0.1	0.4	-0.1	-0.4	-0.26	0.45	-0.04	-0.07	0.57	-0.4
Accounts Payable	0.44	0.21	0.59	0.05	0.14		0.56	0.33	-0.94	0.56	0.35	0.71	0.97	-0.66	0.62	-0.41	-0.86	0.39	-0.97	-0.34	-0.52	0.84	0.56	0.24	0.51	-0.28
Cash	0.44	0.1	0.51	0.57	0.45	0.56		0.27	-0.58	1.0	0.15	0.47	0.56	-0.08	0.47	-0.5	-0.36	0.15	-0.61	-0.45	-0.55	0.63	0.14	0.23	0.62	-0.56
Non Current Assets Total	0.95	0.73	0.63	0.44	0.5	0.33	0.27		-0.39	0.28	0.68	0.84	0.29	-0.04	0.75	0.1	-0.33	0.63	-0.28	0.23	-0.45	0.6	-0.19	0.54	0.67	0.18
Non Currrent Assets Other	-0.51	-0.19	-0.62	-0.05	-0.21	-0.94	-0.58	-0.39		-0.58	-0.46	-0.79	-0.92	0.66	-0.74	0.31	0.87	-0.46	0.9	0.25	0.68	-0.89	-0.3	-0.17	-0.59	0.24
Cash And Short Term Investments	0.45	0.1	0.52	0.57	0.45	0.56	1.0	0.28	-0.58		0.15	0.48	0.56	-0.08	0.48	-0.5	-0.36	0.16	-0.61	-0.45	-0.55	0.64	0.13	0.23	0.62	-0.56
Net Receivables	0.81	0.82	0.7	0.1	0.34	0.35	0.15	0.68	-0.46	0.15		0.76	0.29	-0.42	0.71	0.36	-0.43	0.93	-0.2	0.49	-0.58	0.74	-0.15	0.46	0.84	0.19
Good Will	0.9	0.64	0.81	0.33	0.48	0.71	0.47	0.84	-0.79	0.48	0.76		0.65	-0.44	0.88	-0.08	-0.7	0.71	-0.63	0.05	-0.65	0.9	0.03	0.38	0.8	0.0
Common Stock Total Equity	0.39	0.16	0.49	-0.05	0.0	0.97	0.56	0.29	-0.92	0.56	0.29	0.65		-0.68	0.65	-0.35	-0.86	0.32	-0.98	-0.3	-0.54	0.79	0.52	0.35	0.45	-0.3
Retained Earnings Total Equity	-0.13	-0.26	-0.19	0.51	0.41	-0.66	-0.08	-0.04	0.66	-0.08	-0.42	-0.44	-0.68		-0.49	-0.19	0.88	-0.32	0.58	-0.22	0.41	-0.53	-0.23	-0.16	-0.25	-0.19
Long Term Debt Total	0.81	0.56	0.58	0.14	0.27	0.62	0.47	0.75	-0.74	0.48	0.71	0.88	0.65	-0.49		0.06	-0.7	0.62	-0.61	0.16	-0.73	0.81	-0.13	0.57	0.72	-0.1
Non Current Liabilities Total	0.07	0.29	-0.3	-0.52	-0.48	-0.41	-0.5	0.1	0.31	-0.5	0.36	-0.08	-0.35	-0.19	0.06		0.12	0.27	0.46	0.98	-0.05	-0.23	-0.49	0.24	0.0	0.65
Capital Surpluse	-0.38	-0.32	-0.39	0.2	0.1	-0.86	-0.36	-0.33	0.87	-0.36	-0.43	-0.7	-0.86	0.88	-0.7	0.12		-0.33	0.79	0.05	0.55	-0.74	-0.22	-0.22	-0.39	-0.02
Inventory	0.78	0.68	0.77	0.12	0.4	0.39	0.15	0.63	-0.46	0.16	0.93	0.71	0.32	-0.32	0.62	0.27	-0.33		-0.28	0.38	-0.59	0.73	0.04	0.48	0.85	0.12
Other Stockholder Equity	-0.37	-0.07	-0.49	-0.05	-0.1	-0.97	-0.61	-0.28	0.9	-0.61	-0.2	-0.63	-0.98	0.58	-0.61	0.46	0.79	-0.28		0.41	0.51	-0.76	-0.58	-0.27	-0.43	0.39
Total Liab	0.21	0.46	-0.17	-0.45	-0.4	-0.34	-0.45	0.23	0.25	-0.45	0.49	0.05	-0.3	-0.22	0.16	0.98	0.05	0.38	0.41		-0.1	-0.11	-0.47	0.34	0.13	0.66
Deferred Long Term Liab	-0.59	-0.26	-0.52	-0.09	-0.26	-0.52	-0.55	-0.45	0.68	-0.55	-0.58	-0.65	-0.54	0.41	-0.73	-0.05	0.55	-0.59	0.51	-0.1		-0.74	0.25	-0.36	-0.69	0.15
Long Term Investments	0.77	0.54	0.84	0.27	0.45	0.84	0.63	0.6	-0.89	0.64	0.74	0.9	0.79	-0.53	0.81	-0.23	-0.74	0.73	-0.76	-0.11	-0.74		0.23	0.38	0.86	-0.26
Property Plant And Equipment Gross	-0.12	-0.11	0.25	-0.01	-0.04	0.56	0.14	-0.19	-0.3	0.13	-0.15	0.03	0.52	-0.23	-0.13	-0.49	-0.22	0.04	-0.58	-0.47	0.25	0.23		0.01	0.02	-0.3
Preferred Stock Total Equity	0.57	0.58	0.29	-0.04	-0.07	0.24	0.23	0.54	-0.17	0.23	0.46	0.38	0.35	-0.16	0.57	0.24	-0.22	0.48	-0.27	0.34	-0.36	0.38	0.01		0.49	0.01
Total Current Assets	0.87	0.66	0.86	0.44	0.57	0.51	0.62	0.67	-0.59	0.62	0.84	0.8	0.45	-0.25	0.72	0.0	-0.39	0.85	-0.43	0.13	-0.69	0.86	0.02	0.49		-0.16
Treasury Stock	0.05	0.28	-0.2	-0.36	-0.4	-0.28	-0.56	0.18	0.24	-0.56	0.19	0.0	-0.3	-0.19	-0.1	0.65	-0.02	0.12	0.39	0.66	0.15	-0.26	-0.3	0.01	-0.16

Click cells to compare fundamentals

Dow Account Relationship Matchups

Dow fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	60.5B	61.5B	63.0B	60.6B	58.0B	54.5B
Total Current Liabilities	10.7B	11.1B	13.2B	11.3B	10.0B	9.8B
Total Stockholder Equity	13.5B	12.4B	18.2B	20.7B	18.6B	17.2B
Net Tangible Assets	986M	175M	6.5B	9.6B	11.1B	8.1B
Retained Earnings	17.0B	16.4B	20.6B	23.2B	21.8B	24.4B
Accounts Payable	3.9B	3.8B	5.6B	4.9B	4.5B	6.3B
Cash	2.4B	5.1B	3.0B	3.9B	3.0B	3.9B
Non Current Assets Total	43.7B	42.4B	42.1B	40.1B	40.4B	36.6B
Non Currrent Assets Other	1.9B	1.7B	1.9B	2.0B	1.8B	1.3B
Cash And Short Term Investments	2.4B	5.1B	3.0B	3.9B	3.0B	3.9B
Net Receivables	7.6B	7.4B	9.6B	7.8B	6.6B	7.6B
Good Will	8.8B	8.9B	8.8B	8.6B	8.6B	9.4B
Long Term Debt Total	16.0B	16.5B	14.3B	14.7B	13.2B	14.1B
Liabilities And Stockholders Equity	60.5B	61.5B	63.0B	60.6B	58.0B	54.5B
Non Current Liabilities Total	35.8B	37.4B	31.0B	28.0B	28.9B	24.8B
Capital Surpluse	7.3B	7.6B	8.2B	8.5B	9.8B	5.8B
Inventory	6.2B	5.7B	7.4B	7.0B	6.1B	5.9B
Other Stockholder Equity	6.7B	6.9B	6.5B	4.7B	4.5B	4.7B
Total Liab	46.4B	48.5B	44.3B	39.4B	38.9B	34.6B
Deferred Long Term Liab	789M	1.2B	1.5B	1.3B	1.5B	1.1B
Long Term Investments	4.0B	4.1B	5.2B	4.4B	4.0B	4.9B
Property Plant And Equipment Gross	23.1B	22.1B	59.0B	59.3B	61.5B	37.5B
Total Current Assets	16.8B	19.1B	20.8B	20.5B	17.6B	17.9B
Non Current Liabilities Other	6.5B	7.3B	7.5B	7.4B	7.6B	9.9B
Short Term Debt	1.4B	1.0B	706M	1.0B	508M	482.6M
Intangible Assets	3.8B	3.4B	2.9B	2.4B	2.1B	3.4B
Property Plant Equipment	23.1B	22.1B	22.0B	21.7B	24.9B	22.3B
Short Term Investments	21M	45M	245M	939M	1.7B	1.8B
Other Current Assets	658M	889M	934M	1.8B	1.9B	2.0B
Other Liab	17.9B	19.2B	15.6B	12.3B	11.1B	12.8B
Long Term Debt	15.6B	16.5B	14.3B	14.7B	14.0B	13.6B
Short Long Term Debt	1.0B	616M	392M	724M	179M	170.1M

Pair Trading with Dow

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dow position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dow will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dow Stock

0.7	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.87	RS	Reliance Steel Aluminum	Pair Corr
0.77	TX	Ternium SA ADR Earnings Call This Week	Pair Corr

Moving against Dow Stock

0.74	SID	Companhia Siderurgica Financial Report 1st of May 2024	Pair Corr
0.61	X	United States Steel Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Dow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dow when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dow - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dow Inc to buy it.

The correlation of Dow is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dow Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Dow can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Dow Inc is a strong investment it is important to analyze Dow's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Dow's future performance. For an informed investment choice regarding Dow Stock, refer to the following important reports:

How To Invest In Dow

Details

Is Dow Stock a good investment?

Details

What is Dow's Net Worth?

Details

Largest Materials Companies

View

Largest Basic Materials Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dow Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Dow Stock analysis

When running Dow's price analysis, check to measure Dow'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 Dow is operating at the current time. Most of Dow's value examination focuses on studying past and present price action to predict the probability of Dow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dow's price. Additionally, you may evaluate how the addition of Dow to your portfolios can decrease your overall portfolio volatility.

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Is Dow's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dow. If investors know Dow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dow listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.59)

Dividend Share

2.8

Earnings Share

0.82

Revenue Per Share

63.231

Quarterly Revenue Growth

(0.10)

The market value of Dow Inc is measured differently than its book value, which is the value of Dow that is recorded on the company's balance sheet. Investors also form their own opinion of Dow's value that differs from its market value or its book value, called intrinsic value, which is Dow's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dow's market value can be influenced by many factors that don't directly affect Dow's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Dow's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dow is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dow's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Dow Long Term Investments vs Good Will Analysis

Long Term Investments vs Good Will

Long Term Investments vs Good Will Correlation Analysis

Correlation Coefficient

Long Term Investments

Good Will

Dow fundamental ratios Correlations

Dow Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dow fundamental ratios Accounts

Pair Trading with Dow

Moving together with Dow Stock

Moving against Dow Stock

Complementary Tools for Dow Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock Total Equity	+ 0.97	Accounts Payable
Non Current Assets Total	+ 0.95	Total Assets
Inventory	+ 0.93	Net Receivables
Good Will	+ 0.9	Total Assets

Other Stockholder Equity	- 0.98	Common Stock Total Equity
Other Stockholder Equity	- 0.97	Accounts Payable
Non Currrent Assets Other	- 0.94	Accounts Payable
Common Stock Total Equity	- 0.92	Non Currrent Assets Other
Long Term Investments	- 0.89	Non Currrent Assets Other
Capital Surpluse	- 0.86	Common Stock Total Equity