ODV Stock | | | USD 1.90 0.08 4.40% |
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Long Term Investments and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Long Term Investments vs Property Plant And Equipment Net
Long Term Investments vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Osisko Development Corp Long Term Investments account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Osisko Development's Long Term Investments and Property Plant And Equipment Net is -0.3. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Long Term Investments and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Osisko Development Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Long Term Investments i.e., Osisko Development's Long Term Investments and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Long Term Investments
Long Term Investments is an item on the asset side of Osisko Development balance sheet that represents investments Osisko Development Corp intends to hold for over a year. Osisko Development Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development Corp 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 Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Sales General And Administrative To Revenue is likely to climb to 1.66 in 2024, despite the fact that
Tax Provision is likely to grow to (21.4
M).
Osisko Development fundamental ratios Correlations
Click cells to compare fundamentals
Osisko Development Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Development fundamental ratios Accounts
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