| OAR Stock | | | 0.02 0.0005 2.56% |
OAR Resources financial indicator trend analysis is much more than just breaking down OAR Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OAR Resources is a good investment. Please check the relationship between OAR Resources Total Current Assets and its Non Current Assets Total accounts. Check out
Your Equity Center to better understand how to build diversified portfolios. 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.
Total Current Assets vs Non Current Assets Total
Total Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OAR Resources Total Current Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OAR Resources' Total Current Assets and Non Current Assets Total is -0.35. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of OAR Resources, assuming nothing else is changed. The correlation between historical values of OAR Resources' Total Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of OAR Resources are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Current Assets i.e., OAR Resources' Total Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | -0.35 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from OAR Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OAR Resources 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. 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, OAR Resources'
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 2025, despite the fact that
Discontinued Operations is likely to grow to (10.7
K).
OAR Resources fundamental ratios Correlations
Click cells to compare fundamentals
OAR Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OAR Resources fundamental ratios Accounts
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Additional Tools for OAR Stock Analysis
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measure OAR Resources' 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 OAR Resources is operating at the current time. Most of OAR Resources' value examination focuses on studying past and present price action to
predict the probability of OAR Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OAR Resources' price. Additionally, you may evaluate how the addition of OAR Resources to your portfolios can decrease your overall portfolio volatility.