DOW Stock | | | USD 44.64 0.10 0.22% |
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 Accumulated Depreciation and its Long Term Investments 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 closely tied with the direction of predictive economic indicators such as
signals in persons.
Accumulated Depreciation vs Long Term Investments
Accumulated Depreciation vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dow Inc Accumulated Depreciation account and
Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dow's Accumulated Depreciation and Long Term Investments is 0.29. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Investments 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 Accumulated Depreciation 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 Accumulated Depreciation of Dow Inc 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 Accumulated Depreciation i.e., Dow's Accumulated Depreciation and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Dow Inc fixed asset that has been charged to Dow expense since that asset was acquired and made available for Dow use. The accumulated depreciation account is Dow Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Dow Inc.
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.
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 closely tied 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).
Dow fundamental ratios Correlations
Click cells to compare fundamentals
Dow Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dow fundamental ratios Accounts
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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 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.