Oculis Other Non Cash Items vs Issuance Of Capital Stock Analysis
OCS Stock | 16.04 0.12 0.74% |
Oculis Holding financial indicator trend analysis is much more than just breaking down Oculis Holding AG prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oculis Holding AG is a good investment. Please check the relationship between Oculis Holding Other Non Cash Items and its Issuance Of Capital Stock accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculis Holding AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Other Non Cash Items vs Issuance Of Capital Stock
Other Non Cash Items vs Issuance Of Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oculis Holding AG Other Non Cash Items account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oculis Holding's Other Non Cash Items and Issuance Of Capital Stock is 0.97. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of Oculis Holding AG, assuming nothing else is changed. The correlation between historical values of Oculis Holding's Other Non Cash Items and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Oculis Holding AG are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Other Non Cash Items i.e., Oculis Holding's Other Non Cash Items and Issuance Of Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Non Cash Items
Issuance Of Capital Stock
Most indicators from Oculis Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oculis Holding AG 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oculis Holding AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Oculis Holding's Issuance Of Capital Stock is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 20.79 in 2024, whereas Selling General Administrative is likely to drop slightly above 8.8 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 235K | 299K | 125K | 177.4K | Interest Income | 21K | 126K | 1.4M | 1.5M |
Oculis Holding fundamental ratios Correlations
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Oculis Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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When running Oculis Holding's price analysis, check to measure Oculis Holding'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 Oculis Holding is operating at the current time. Most of Oculis Holding's value examination focuses on studying past and present price action to predict the probability of Oculis Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oculis Holding's price. Additionally, you may evaluate how the addition of Oculis Holding to your portfolios can decrease your overall portfolio volatility.