Basic Materials - Quarterly Revenue Analysis

Last updated 2024-11-22 03:39:48 (EST)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Basic Materials Sector Companies.

Trend Chart of Adjusted Quarterly Revenue vs. Stock Price Trend Chart for Basic Materials Sector ETF (XLB)

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Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	2.3%
YoY Growth Rate of Revenue	-0.1%

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 revenue 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 Seasonally Adjusted Quarterly Revenue vs. Stock Price for Basic Materials Sector

Seasonally Adjusted Quarterly Revenue 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 Seasonally Adjusted Quarterly Revenue and Stock Price

Low Correlation 0.25

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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
HMY	Harmony Gold Mining Company Limited	88.6%	13.1%
APD	Air Products and Chemicals, Inc.	70%	66.3%
RGLD	Royal Gold, Inc.	22.5%	20.9%
CF	CF Industries Holdings, Inc.	21.7%	7.6%
KGC	Kinross Gold Corporation	18.2%	30.9%
ESI	Element Solutions Inc	15.2%	7.6%
FMC	FMC Corporation	11.3%	8.5%
WPM	Wheaton Precious Metals Corp.	10.4%	38.1%
IKNX	IKONICS Corporation	9.9%	51.3%
RIO	Rio Tinto Group	8.4%	-10%
NEM	Newmont Corporation	6.7%	84.7%
IFF	International Flavors & Fragrances Inc.	6%	3.7%
BHP	BHP Group Limited	5.2%	-18.9%
AA	Alcoa Corporation	4.8%	9.4%
RPM	RPM International Inc.	4.6%	-2.1%
SUZ	Suzano S.A.	4.6%	37.2%
FNV	Franco-Nevada Corporation	3.7%	-10.9%
BCPC	Balchem Corporation	3.7%	4.3%
PAAS	Pan American Silver Corp.	3.6%	17.1%
LIN	Linde plc	3.4%	2.5%
AGI	Alamos Gold Inc.	3%	40.9%
GGB	Gerdau S.A.	2.3%	1.8%
AVTR	Avantor, Inc.	2.3%	-0.3%
AUY	Yamana Gold Inc.	2.1%	-9.2%
GOLD	Barrick Gold Corporation	2%	17.7%
CE	Celanese Corporation	1.3%	-2.8%
KNF	Knife River Corporation	0.8%	1.4%
FCX	Freeport-McMoRan Inc.	0.4%	16.6%
PKX	POSCO Holdings Inc.	0.2%	-3.4%
MLM	Martin Marietta Materials, Inc.	-0.3%	-5.3%
DOW	Dow Inc.	-0.3%	1.4%
ICL	ICL Group Ltd	-0.7%	-5.9%
AEM	Agnico Eagle Mines Limited	-1.2%	31.2%
CTVA	Corteva, Inc.	-1.4%	-10.2%
LYB	LyondellBasell Industries N.V.	-1.5%	-2.9%
CBT	Cabot Corporation	-2.1%	3.7%
MT	ArcelorMittal S.A.	-2.1%	-8.5%
WLK	Westlake Corporation	-2.2%	0.1%
PPG	PPG Industries, Inc.	-2.3%	-1.5%
EXP	Eagle Materials Inc.	-2.3%	0.2%
CMC	Commercial Metals Company	-2.4%	-9.6%
GFI	Gold Fields Limited	-2.6%	-5%
ECL	Ecolab Inc.	-2.8%	1%
EMN	Eastman Chemical Company	-2.8%	-39.2%
SHW	The Sherwin-Williams Company	-2.9%	0.7%
DD	DuPont de Nemours, Inc.	-3.2%	-3.8%
AXTA	Axalta Coating Systems Ltd.	-3.2%	0.8%
TX	Ternium S.A.	-3.3%	-14.6%
RS	Reliance Steel & Aluminum Co.	-3.6%	-5.6%
UFPI	UFP Industries, Inc.	-3.8%	-9.8%
VMC	Vulcan Materials Company	-4.4%	-8.3%
SCCO	Southern Copper Corporation	-4.6%	17%
JHX	James Hardie Industries plc	-4.8%	-3.8%
STLD	Steel Dynamics, Inc.	-4.8%	-5.4%
X	United States Steel Corporation	-5.1%	-13%
ALB	Albemarle Corporation	-5.5%	-41.4%
WFG	West Fraser Timber Co. Ltd.	-6.3%	-15.7%
NUE	Nucor Corporation	-6.8%	-15.2%
CX	CEMEX, S.A.B. de C.V.	-7.6%	-10.5%
VALE	Vale S.A.	-7.8%	-10.1%
MOS	The Mosaic Company	-10.3%	-20.8%
UNVR	Univar Solutions Inc.	-11.1%	-14.7%
CLF	Cleveland-Cliffs Inc.	-12.2%	-18.5%
SUM	Summit Materials, Inc.	-12.2%	39.9%
SQM	Sociedad Química y Minera de Chile S.A.	-14%	-41.5%
NTR	Nutrien Ltd.	-14.5%	-5%
ALTM	Arcadium Lithium plc	-17.4%	-3.9%
CRH	CRH plc	-17.4%	-0.6%
AU	AngloGold Ashanti Limited	-18.7%	24.5%
TECK	Teck Resources Limited	-32%	-20.6%

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.