Osisko Property Plant And Equipment Net vs Common Stock Shares Outstanding 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 Property Plant And Equipment Net and its Common Stock Shares Outstanding 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Development Corp Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Osisko Development's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.83. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding 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 Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Osisko Development Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Osisko Development's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Common Stock Shares Outstanding

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