| OMKARCHEM | | | 9.14 0.49 5.09% |
Omkar Speciality financial indicator trend analysis is much more than just breaking down Omkar Speciality Che prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Omkar Speciality Che is a good investment. Please check the relationship between Omkar Speciality Other Current Assets and its Cash accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Omkar Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Other Current Assets vs Cash
Other Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Omkar Speciality Che Other Current Assets account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Omkar Speciality's Other Current Assets and Cash is -0.1. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Omkar Speciality Chemicals, assuming nothing else is changed. The correlation between historical values of Omkar Speciality's Other Current Assets and Cash 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 Current Assets of Omkar Speciality Chemicals are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Assets i.e., Omkar Speciality's Other Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Cash
Cash refers to the most liquid asset of Omkar Speciality Che, which is listed under current asset account on Omkar Speciality Chemicals balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Omkar Speciality customers. The amounts must be unrestricted with restricted cash listed in a different Omkar Speciality account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Omkar Speciality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omkar Speciality Che 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 Omkar Speciality Chemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
The Omkar Speciality's current
Selling General Administrative is estimated to increase to about 32
MOmkar Speciality fundamental ratios Correlations
Click cells to compare fundamentals
Omkar Speciality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Omkar Speciality fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Omkar Stock
Balance Sheet is a snapshot of the
financial position of Omkar Speciality Che at a specified time, usually calculated after every quarter, six months, or one year. Omkar Speciality Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Omkar Speciality and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Omkar currently owns. An asset can also be divided into two categories, current and non-current.