Osisko Common Stock Shares Outstanding vs Other Current Assets Analysis

ODVWZ Stock   0.20  0.03  13.04%   
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Osisko Development's Common Stock Shares Outstanding and Other Current Assets is 0.9. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Osisko Development Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Osisko Development's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development Corp 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 Osisko Development Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Sales General And Administrative To Revenue is likely to rise to 1.66 in 2024, despite the fact that Tax Provision is likely to grow to (21.4 M).

Osisko Development fundamental ratios Correlations

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0.240.140.230.250.430.220.23-0.190.280.420.250.220.090.20.220.30.110.190.35-0.08-0.220.07-0.45-0.23-0.2
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-0.81-0.85-0.77-0.92-0.78-0.31-0.9-0.73-0.85-0.91-0.87-0.780.4-0.93-0.44-0.18-0.95-0.070.04-0.95-0.410.95-0.23-0.36-0.9
0.720.80.670.840.60.220.810.870.770.710.790.68-0.470.860.340.070.930.02-0.220.970.58-0.98-0.20.64-0.9
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Osisko Development Account Relationship Matchups

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