Dow Inc Stock Current Ratio
| DOW Stock | USD 56.66 0.17 0.30% |
Dow Inc fundamentals help investors to digest information that contributes to Dow's financial success or failures. It also enables traders to predict the movement of Dow Stock. The fundamental analysis module provides a way to measure Dow's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dow stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.77 | 1.91 |
Dow | Current Ratio |
Dow Inc Company Current Ratio Analysis
Dow's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Dow Current Ratio | 1.61 X |
Most of Dow's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dow Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dow Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Dow is extremely important. It helps to project a fair market value of Dow Stock properly, considering its historical fundamentals such as Current Ratio. Since Dow's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dow's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dow's interrelated accounts and indicators.
Click cells to compare fundamentals
Dow Current Ratio Historical Pattern
Today, most investors in Dow Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dow's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dow current ratio as a starting point in their analysis.
Dow Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Dow Discontinued Operations
Discontinued Operations |
|
In accordance with the recently published financial statements, Dow Inc has a Current Ratio of 1.61 times. This is 57.96% lower than that of the Chemicals sector and 45.79% lower than that of the Materials industry. The current ratio for all United States stocks is 25.46% higher than that of the company.
Dow Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dow's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dow could also be used in its relative valuation, which is a method of valuing Dow by comparing valuation metrics of similar companies.Dow is currently under evaluation in current ratio category among related companies.
Dow Fundamentals
| Return On Equity | 0.0327 | ||||
| Return On Asset | 0.0278 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 52.61 B | ||||
| Shares Outstanding | 707.99 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 67.37 % | ||||
| Number Of Shares Shorted | 13.93 M | ||||
| Price To Earning | 19.47 X | ||||
| Price To Book | 2.20 X | ||||
| Price To Sales | 0.92 X | ||||
| Revenue | 44.62 B | ||||
| Gross Profit | 8.56 B | ||||
| EBITDA | 4.79 B | ||||
| Net Income | 660 M | ||||
| Cash And Equivalents | 3.89 B | ||||
| Cash Per Share | 3.64 X | ||||
| Total Debt | 16.45 B | ||||
| Debt To Equity | 0.79 % | ||||
| Current Ratio | 1.61 X | ||||
| Book Value Per Share | 26.50 X | ||||
| Cash Flow From Operations | 5.2 B | ||||
| Short Ratio | 2.28 X | ||||
| Earnings Per Share | 0.82 X | ||||
| Price To Earnings To Growth | 0.78 X | ||||
| Target Price | 58.9 | ||||
| Number Of Employees | 35.9 K | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 40.26 B | ||||
| Total Asset | 57.97 B | ||||
| Retained Earnings | 21.77 B | ||||
| Working Capital | 7.66 B | ||||
| Current Asset | 11.38 B | ||||
| Current Liabilities | 8.86 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.28 % | ||||
| Net Asset | 57.97 B | ||||
| Last Dividend Paid | 2.8 |
About Dow Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dow Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dow using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dow Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Dow Investors Sentiment
The influence of Dow's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Dow. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Dow's public news can be used to forecast risks associated with an investment in Dow. The trend in average sentiment can be used to explain how an investor holding Dow can time the market purely based on public headlines and social activities around Dow Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dow's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Dow's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Dow's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dow.
Dow Implied Volatility | 39.48 |
Dow's implied volatility exposes the market's sentiment of Dow Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Dow's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Dow stock will not fluctuate a lot when Dow's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dow in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dow's short interest history, or implied volatility extrapolated from Dow options trading.
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
| 0.73 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.77 | TX | Ternium SA ADR Earnings Call This Week | PairCorr |
| 0.78 | WS | Worthington Steel | PairCorr |
| 0.85 | AEM | Agnico Eagle Mines Earnings Call This Week | PairCorr |
Moving against Dow Stock
| 0.74 | ZKIN | ZK International | PairCorr |
| 0.68 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.46 | CC | Chemours Earnings Call This Week | PairCorr |
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.Check out Dow Piotroski F Score and Dow Altman Z Score analysis. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |
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.