Oxford Cash vs Net Tangible Assets Analysis
| OXH Stock | 7.00 0.00 0.00% |
Oxford Technology financial indicator trend analysis is much more than just breaking down Oxford Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Technology is a good investment. Please check the relationship between Oxford Technology Cash and its Net Tangible Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Technology 2. 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 economic analysis.
Cash vs Net Tangible Assets
Cash vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Technology Cash account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oxford Technology's Cash and Net Tangible Assets is -0.03. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Oxford Technology 2, assuming nothing else is changed. The correlation between historical values of Oxford Technology's Cash and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Oxford Technology 2 are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Cash i.e., Oxford Technology's Cash and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.03 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Oxford Technology, which is listed under current asset account on Oxford Technology 2 balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Oxford Technology customers. The amounts must be unrestricted with restricted cash listed in a different Oxford Technology 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.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most indicators from Oxford Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oxford Technology 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 Oxford Technology 2. 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 economic analysis. The current year's Selling General Administrative is expected to grow to about 180.6 K
Oxford Technology fundamental ratios Correlations
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Oxford Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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 Oxford Stock
Balance Sheet is a snapshot of the financial position of Oxford Technology at a specified time, usually calculated after every quarter, six months, or one year. Oxford Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Oxford Technology 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 Oxford currently owns. An asset can also be divided into two categories, current and non-current.