LPX Stock | | | USD 118.20 1.56 1.34% |
Louisiana Pacific financial indicator trend analysis is infinitely more than just investigating Louisiana Pacific recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Louisiana Pacific is a good investment. Please check the relationship between Louisiana Pacific Change To Inventory and its Free Cash Flow accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.
Change To Inventory vs Free Cash Flow
Change To Inventory vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Louisiana Pacific Change To Inventory account and
Free Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Louisiana Pacific's Change To Inventory and Free Cash Flow is -0.61. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Louisiana Pacific, assuming nothing else is changed. The correlation between historical values of Louisiana Pacific's Change To Inventory and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Louisiana Pacific are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., Louisiana Pacific's Change To Inventory and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Louisiana Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Louisiana Pacific 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 Louisiana Pacific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in american community survey.
For more information on how to buy Louisiana Stock please use our
How to Invest in Louisiana Pacific guide.At this time, Louisiana Pacific's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 139.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 189.9
M in 2024.
Louisiana Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Louisiana Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Louisiana Pacific fundamental ratios Accounts
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Additional Tools for Louisiana Stock Analysis
When running Louisiana Pacific's price analysis, check to
measure Louisiana Pacific'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 Louisiana Pacific is operating at the current time. Most of Louisiana Pacific's value examination focuses on studying past and present price action to
predict the probability of Louisiana Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Louisiana Pacific's price. Additionally, you may evaluate how the addition of Louisiana Pacific to your portfolios can decrease your overall portfolio volatility.