Last updated 2024-12-29 04:03:41 (EST)

Quarterly Net Income Trend Analysis

Overall Quarterly Net Income Growth Trend of Basic Materials Sector Companies.

Trend Chart of Adjusted Quarterly Net Income vs. Stock Price Trend Chart for Basic Materials Sector ETF (XLB)
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Seasonally Adjusted Quarterly Net Income Growth Rate tooltip

QoQ Growth Rate of Net Income-3.1%
YoY Growth Rate of Net Income12%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Basic Materials Sector ETF (XLB) and the seasonally adjusted overall quarterly net income of Basic Materials sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Basic Materials Seasonally Adjusted Quarterly Net Income vs. Stock Price for Basic Materials Sector

Basic Materials Seasonally Adjusted Quarterly Net Income and stock price of Basic Materials Sector show a Low Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Basic Materials Seasonally Adjusted Quarterly Net Income and Stock Price

Low Correlation 0.37

Related Stocks

Related Basic Materials sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker Name QoQ Growth Rate of
Seasonally Adjusted
Quarterly Revenue
YoY Growth Rate of
Seasonally Adjusted
Quarterly Revenue
MOS
The Mosaic Company
Turn Losses into ProfitsTurn Loss into Profit
PAAS
Pan American Silver Corp.
Turn Losses into ProfitsTurn Loss into Profit
SUZ
Suzano S.A.
Turn Losses into ProfitsTurn Loss into Profit
TX
Ternium S.A.
Turn Losses into ProfitsTurn Loss into Profit
AA
Alcoa Corporation
970.7%Turn Loss into Profit
CRH
CRH plc
355%8.2%
CF
CF Industries Holdings, Inc.
246.4%68.3%
APD
Air Products and Chemicals, Inc.
160.5%181.5%
CX
CEMEX, S.A.B. de C.V.
158.1%222.3%
DD
DuPont de Nemours, Inc.
145.7%42.3%
GGB
Gerdau S.A.
94.4%-14.8%
FNV
Franco-Nevada Corporation
82.8%-12.8%
KGC
Kinross Gold Corporation
66.6%226.5%
WPM
Wheaton Precious Metals Corp.
64.6%32.9%
CMC
Commercial Metals Company
58.4%-43.6%
AU
AngloGold Ashanti Limited
53.8%Turn Loss into Profit
MT
ArcelorMittal S.A.
37.8%-69.1%
RPM
RPM International Inc.
36%13.2%
GOLD
Barrick Gold Corporation
34.5%31.2%
AEM
Agnico Eagle Mines Limited
24.6%220.1%
RGLD
Royal Gold, Inc.
23.2%95.1%
NEM
Newmont Corporation
15.5%483.5%
ECL
Ecolab Inc.
14.7%82.3%
MLM
Martin Marietta Materials, Inc.
12.5%-12.9%
ICL
ICL Group Ltd
-0.1%-17.5%
RIO
Rio Tinto Group
-2%-34.8%
RS
Reliance Steel & Aluminum Co.
-2.6%-32.5%
SCCO
Southern Copper Corporation
-2.9%44.7%
SQM
Sociedad Química y Minera de Chile S.A.
-8.3%-72.6%
UNVR
Univar Solutions Inc.
-8.5%-46.1%
EXP
Eagle Materials Inc.
-8.9%-4.7%
UFPI
UFP Industries, Inc.
-9.4%-25.5%
PPG
PPG Industries, Inc.
-9.5%9.9%
SHW
The Sherwin-Williams Company
-10.9%5.9%
DRD
DRDGOLD Limited
-12.3%-0.9%
AXTA
Axalta Coating Systems Ltd.
-13.6%38.5%
PKX
POSCO Holdings Inc.
-17.1%-7.2%
BHP
BHP Group Limited
-20.7%7.8%
LYB
LyondellBasell Industries N.V.
-21.1%-23.4%
LIN
Linde plc
-25.1%-1%
STLD
Steel Dynamics, Inc.
-26.1%-44.9%
KNF
Knife River Corporation
-26.5%1%
VALE
Vale S.A.
-33.5%-15%
FCX
Freeport-McMoRan Inc.
-35%15.9%
CE
Celanese Corporation
-36.2%-87.8%
VMC
Vulcan Materials Company
-37.2%-24.9%
EMN
Eastman Chemical Company
-38.9%1.1%
SUM
Summit Materials, Inc.
-43.8%-54.3%
GFI
Gold Fields Limited
-47.1%-23.7%
X
United States Steel Corporation
-52.7%-60.2%
DOW
Dow Inc.
-53.4%-30.1%
FMC
FMC Corporation
-55.9%Turn Loss into Profit
JHX
James Hardie Industries plc
-56.8%-45%
AGI
Alamos Gold Inc.
-59.6%114.5%
NUE
Nucor Corporation
-62.4%-78.1%
IFF
International Flavors & Fragrances Inc.
-63.3%136%
ESI
Element Solutions Inc
-64.3%Turn Loss into Profit
WLK
Westlake Corporation
-66.4%-62.1%
AVTR
Avantor, Inc.
-72.3%-46.7%
NTR
Nutrien Ltd.
-85.7%-76%
AUY
Yamana Gold Inc.
-100%-100%
CTVA
Corteva, Inc.
-100%-
TECK
Teck Resources Limited
-100%-100%
WFG
West Fraser Timber Co. Ltd.
-100%-100%
ALB
Albemarle Corporation
--100%
IKNX
IKONICS Corporation
--
IPX
IperionX Limited
--

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.

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