Basic Materials - Quarterly Revenue Analysis

Last updated 2024-09-19 04:41:45 (EDT)

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	-1.3%

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 0.28

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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
AU	AngloGold Ashanti Limited	98.8%	16.7%
MT	ArcelorMittal S.A.	98.5%	74.8%
RGLD	Royal Gold, Inc.	27%	-6.3%
SCCO	Southern Copper Corporation	22.2%	35.5%
AGI	Alamos Gold Inc.	22.1%	27.4%
CTVA	Corteva, Inc.	21.3%	1.1%
SUZ	Suzano S.A.	18.9%	25.5%
NTR	Nutrien Ltd.	16.9%	-12.9%
DD	DuPont de Nemours, Inc.	14.3%	2.5%
AEM	Agnico Eagle Mines Limited	14.1%	20.8%
GOLD	Barrick Gold Corporation	13.7%	11.6%
PAAS	Pan American Silver Corp.	13.6%	7.2%
FMC	FMC Corporation	11%	2.4%
SQM	Sociedad Química y Minera de Chile S.A.	9.9%	-37%
IKNX	IKONICS Corporation	9.9%	51.3%
VALE	Vale S.A.	8.9%	2.6%
KGC	Kinross Gold Corporation	8.5%	11.6%
RIO	Rio Tinto Group	8.4%	-10%
ALB	Albemarle Corporation	8.4%	-39.7%
MLM	Martin Marietta Materials, Inc.	7.1%	-3.1%
NEM	Newmont Corporation	6.8%	60.7%
WLK	Westlake Corporation	5.3%	-1.4%
AA	Alcoa Corporation	5.2%	4.1%
BHP	BHP Group Limited	5.2%	-18.9%
FCX	Freeport-McMoRan Inc.	3.9%	15.5%
ESI	Element Solutions Inc	3.8%	4.5%
CE	Celanese Corporation	3.8%	-5.2%
LIN	Linde plc	3.6%	0.8%
PPG	PPG Industries, Inc.	3.6%	-1.6%
AXTA	Axalta Coating Systems Ltd.	3.5%	4.4%
FNV	Franco-Nevada Corporation	3.4%	-21.2%
NEU	NewMarket Corporation	3.3%	3.7%
ECL	Ecolab Inc.	3%	3.5%
DOW	Dow Inc.	2.9%	-4.4%
EMN	Eastman Chemical Company	2.4%	1.5%
AUY	Yamana Gold Inc.	2.1%	-9.2%
VMC	Vulcan Materials Company	2%	-4.7%
ICL	ICL Group Ltd	1.9%	-5.8%
IFF	International Flavors & Fragrances Inc.	1.5%	-1.4%
TECK	Teck Resources Limited	1.3%	10.1%
LYB	LyondellBasell Industries N.V.	0.9%	2.3%
CX	CEMEX, S.A.B. de C.V.	0.9%	-1.6%
RS	Reliance Steel & Aluminum Co.	0.7%	-6.1%
AVTR	Avantor, Inc.	0.6%	-2.4%
CBT	Cabot Corporation	0.4%	5%
PKX	POSCO Holdings Inc.	-0.1%	-8%
APD	Air Products and Chemicals, Inc.	-0.1%	-1.6%
EXP	Eagle Materials Inc.	-0.7%	1.2%
SHW	The Sherwin-Williams Company	-1.2%	0.5%
GGB	Gerdau S.A.	-1.9%	-9%
WPM	Wheaton Precious Metals Corp.	-2%	12.8%
CMC	Commercial Metals Company	-2.2%	-11.4%
GFI	Gold Fields Limited	-2.6%	-5%
BCPC	Balchem Corporation	-3.3%	1.2%
RPM	RPM International Inc.	-3.6%	-0.4%
BCC	Boise Cascade Company	-4.1%	-1%
JHX	James Hardie Industries plc	-4.1%	3.8%
STLD	Steel Dynamics, Inc.	-4.9%	-8.8%
NUE	Nucor Corporation	-5%	-15.2%
WFG	West Fraser Timber Co. Ltd.	-5.3%	6%
UFPI	UFP Industries, Inc.	-5.7%	-6.9%
MOS	The Mosaic Company	-6.3%	-17%
TX	Ternium S.A.	-6.4%	15.6%
X	United States Steel Corporation	-8.7%	-17.8%
UNVR	Univar Solutions Inc.	-11.5%	-14.7%
CF	CF Industries Holdings, Inc.	-12.6%	-11.4%
CRH	CRH plc	-17.4%	-0.6%
SUM	Summit Materials, Inc.	-19.6%	53.4%
HMY	Harmony Gold Mining Company Limited	-24%	28.5%
CLF	Cleveland-Cliffs Inc.	-37.1%	-14.9%

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.