OCA Stock | | | 0.65 0.05 7.14% |
Oceania Healthcare financial indicator trend analysis is much more than just breaking down Oceania Healthcare prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oceania Healthcare is a good investment. Please check the relationship between Oceania Healthcare Dividends Paid and its Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oceania Healthcare. 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.
Dividends Paid vs Investments
Dividends Paid vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oceania Healthcare Dividends Paid account and
Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Oceania Healthcare's Dividends Paid and Investments is 0.21. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Investments in the same time period over historical financial statements of Oceania Healthcare, assuming nothing else is changed. The correlation between historical values of Oceania Healthcare's Dividends Paid and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Oceania Healthcare are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Dividends Paid i.e., Oceania Healthcare's Dividends Paid and Investments go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Oceania Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oceania Healthcare 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 Oceania Healthcare. 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.
Selling General Administrative is likely to drop to about 110.8
M in 2024.
Tax Provision is likely to drop to about (3.2
M) in 2024
Oceania Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Oceania Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oceania Healthcare fundamental ratios Accounts
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Additional Tools for Oceania Stock Analysis
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measure Oceania Healthcare'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 Oceania Healthcare is operating at the current time. Most of Oceania Healthcare's value examination focuses on studying past and present price action to
predict the probability of Oceania Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oceania Healthcare's price. Additionally, you may evaluate how the addition of Oceania Healthcare to your portfolios can decrease your overall portfolio volatility.