| 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 Minority Interest and its Research Development 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.
Minority Interest vs Research Development
Minority Interest vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oakridge International Minority Interest account and
Research Development. At this time, the significance of the direction appears to have very week relationship.
The correlation between Oakridge International's Minority Interest and Research Development is 0.29. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Research Development 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 Minority Interest and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Oakridge International are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Minority Interest i.e., Oakridge International's Minority Interest and Research Development go up and down completely randomly.
Correlation Coefficient | 0.29 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Oakridge International whose combined shares represent less than 50% of the total outstanding shares issued by Oakridge International have a minority interest in Oakridge International.
Research Development
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.
Oakridge International fundamental ratios Correlations
Click cells to compare fundamentals
Oakridge International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oakridge International fundamental ratios Accounts
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Additional Tools for Oakridge Stock Analysis
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