Oxford Income Quality vs Pocfratio Analysis
| OXLCZ Stock | USD 23.64 0.03 0.13% |
Oxford Lane financial indicator trend analysis is much more than just breaking down Oxford Lane Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Lane Capital is a good investment. Please check the relationship between Oxford Lane Income Quality and its Pocfratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. 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.
Income Quality vs Pocfratio
Income Quality vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Income Quality account and Pocfratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oxford Lane's Income Quality and Pocfratio is -0.09. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Oxford Lane Capital, assuming nothing else is changed. The correlation between historical values of Oxford Lane's Income Quality and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of Oxford Lane Capital are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Income Quality i.e., Oxford Lane's Income Quality and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.09 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Pocfratio
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