LOW Stock | | | USD 271.10 4.80 1.80% |
Lowes Companies financial indicator trend analysis is infinitely more than just investigating Lowes Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lowes Companies is a good investment. Please check the relationship between Lowes Companies Property Plant And Equipment Net and its Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Lowes Stock please use our
How to Invest in Lowes Companies guide.
Property Plant And Equipment Net vs Short Term Investments
Property Plant And Equipment Net vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lowes Companies Property Plant And Equipment Net account and
Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lowes Companies' Property Plant And Equipment Net and Short Term Investments is 0.47. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Lowes Companies, assuming nothing else is changed. The correlation between historical values of Lowes Companies' Property Plant And Equipment Net and Short 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 Property Plant And Equipment Net of Lowes Companies are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Lowes Companies' Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.47 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Short Term Investments
Short Term Investments is an item under the current assets section of Lowes Companies balance sheet. It contains any investments Lowes Companies undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Lowes Companies can easily liquidate in the marketplace.
Most indicators from Lowes Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lowes Companies 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 Lowes Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
For more information on how to buy Lowes Stock please use our
How to Invest in Lowes Companies guide.At this time, Lowes Companies'
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 14.68 in 2024, whereas
Selling General Administrative is likely to drop slightly above 10.8
B in 2024.
Lowes Companies fundamental ratios Correlations
Click cells to compare fundamentals
Lowes Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lowes Companies fundamental ratios Accounts
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Additional Tools for Lowes Stock Analysis
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measure Lowes Companies' 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 Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to
predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.