Oxford Inventory Turnover vs Income Quality Analysis

OXLCZ Stock  USD 23.65  0.02  0.08%   
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 Inventory Turnover and its Income Quality 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.

Inventory Turnover vs Income Quality

JavaScript chart by amCharts 3.21.152014201620182020202220240.800.820.840.860.880.900.920.940.960.981.00 -40-35-30-25-20-15-10-50
JavaScript chart by amCharts 3.21.15Inventory Turnovertotal: 11.650212418053275Income Qualitytotal: -44.76629883216512

Inventory Turnover vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Inventory Turnover account and Income Quality. At this time, the significance of the direction appears to have weak contrarian relationship.
Inventory TurnoverIncome QualityDiversified AwayInventory TurnoverIncome QualityDiversified Away100%
The correlation between Oxford Lane's Inventory Turnover and Income Quality is -0.11. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Income Quality 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 Inventory Turnover and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Oxford Lane Capital are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Inventory Turnover i.e., Oxford Lane's Inventory Turnover and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Also Currently Popular

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.

Additional Tools for Oxford Stock Analysis

When running Oxford Lane's price analysis, check to measure Oxford Lane'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 Oxford Lane is operating at the current time. Most of Oxford Lane's value examination focuses on studying past and present price action to predict the probability of Oxford Lane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oxford Lane's price. Additionally, you may evaluate how the addition of Oxford Lane to your portfolios can decrease your overall portfolio volatility.