ORC-B Stock | | | CAD 2.88 0.12 4.00% |
Orca Energy financial indicator trend analysis is much more than just breaking down Orca Energy Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orca Energy Group is a good investment. Please check the relationship between Orca Energy Dividend Yield and its Days Sales Outstanding accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orca Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
Dividend Yield vs Days Sales Outstanding
Dividend Yield vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Orca Energy Group Dividend Yield account and
Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Orca Energy's Dividend Yield and Days Sales Outstanding is 0.43. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Orca Energy Group, assuming nothing else is changed. The correlation between historical values of Orca Energy's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Orca Energy Group are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., Orca Energy's Dividend Yield and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.43 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Dividend Yield
Dividend Yield is Orca Energy Group dividend as a percentage of Orca Energy stock price. Orca Energy Group dividend yield is a measure of Orca Energy stock productivity, which can be interpreted as interest rate earned on an Orca Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Days Sales Outstanding
Most indicators from Orca Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orca Energy Group 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 Orca Energy Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
At this time, Orca Energy's
Sales General And Administrative To Revenue is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 0.07 in 2024, whereas
Tax Provision is likely to drop slightly above 17.7
M in 2024.
Orca Energy fundamental ratios Correlations
Click cells to compare fundamentals
Orca Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orca Energy fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Orca Stock Analysis
When running Orca Energy's price analysis, check to
measure Orca Energy'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 Orca Energy is operating at the current time. Most of Orca Energy's value examination focuses on studying past and present price action to
predict the probability of Orca Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orca Energy's price. Additionally, you may evaluate how the addition of Orca Energy to your portfolios can decrease your overall portfolio volatility.