0VBE Stock | | | 19.40 0.06 0.31% |
Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Royalties prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Royalties is a good investment. Please check the relationship between Osisko Gold Capital Expenditures and its Sale Purchase Of Stock accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Osisko Gold Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Capital Expenditures vs Sale Purchase Of Stock
Capital Expenditures vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Osisko Gold Royalties Capital Expenditures account and
Sale Purchase Of Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Osisko Gold's Capital Expenditures and Sale Purchase Of Stock is -0.56. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Osisko Gold Royalties, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Capital Expenditures and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Osisko Gold Royalties are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Capital Expenditures i.e., Osisko Gold's Capital Expenditures and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Osisko Gold Royalties to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Osisko Gold operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Sale Purchase Of Stock
Most indicators from Osisko Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Gold Royalties 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Osisko Gold Royalties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to gain to about 10.3
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 22.6
M in 2024.
Osisko Gold fundamental ratios Correlations
Click cells to compare fundamentals
Osisko Gold Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Gold fundamental ratios Accounts
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Additional Tools for Osisko Stock Analysis
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measure Osisko Gold'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 Osisko Gold is operating at the current time. Most of Osisko Gold's value examination focuses on studying past and present price action to
predict the probability of Osisko Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Gold's price. Additionally, you may evaluate how the addition of Osisko Gold to your portfolios can decrease your overall portfolio volatility.