| OAK Stock | | | 0.06 0.01 14.29% |
Oakridge International financial indicator trend analysis is much more than just breaking down Oakridge International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oakridge International is a good investment. Please check the relationship between Oakridge International Discontinued Operations and its Net Income From Continuing Ops accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oakridge International. 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.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oakridge International Discontinued Operations account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Oakridge International's Discontinued Operations and Net Income From Continuing Ops is 0.98. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Oakridge International, assuming nothing else is changed. The correlation between historical values of Oakridge International's Discontinued Operations and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Oakridge International are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Discontinued Operations i.e., Oakridge International's Discontinued Operations and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Most indicators from Oakridge International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oakridge International 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 Oakridge International. 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.
At this time, Oakridge International's
Selling General Administrative is comparatively stable compared to the past year.
Issuance Of Capital Stock is likely to gain to about 1.7
M in 2024, whereas Discontinued Operations is likely to drop (4.6
K) in 2024.
When running Oakridge International's price analysis, check to
measure Oakridge International'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 Oakridge International is operating at the current time. Most of Oakridge International's value examination focuses on studying past and present price action to
predict the probability of Oakridge International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oakridge International's price. Additionally, you may evaluate how the addition of Oakridge International to your portfolios can decrease your overall portfolio volatility.