Osisko Interest Income from 2010 to 2025
| OM Stock | 0.76 0.04 5.56% |
Interest Income | First Reported 2010-12-31 | Previous Quarter 17.6 M | Current Value 18.5 M | Quarterly Volatility 6.1 M |
Check Osisko Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Osisko Metals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 182.7 K, Other Operating Expenses of 2 M or Total Operating Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 2.2 K, Dividend Yield of 0.0 or PTB Ratio of 1.09. Osisko financial statements analysis is a perfect complement when working with Osisko Metals Valuation or Volatility modules.
Osisko | Interest Income |
Pair Trading with Osisko Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Osisko Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Osisko Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Osisko Stock
Moving against Osisko Stock
The ability to find closely correlated positions to Osisko Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Osisko Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Osisko Metals Incorporated to buy it.
The correlation of Osisko Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Osisko Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Osisko Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Osisko Stock
Osisko Metals financial ratios help investors to determine whether Osisko Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Osisko with respect to the benefits of owning Osisko Metals security.