OIS Stock | | | USD 5.51 0.21 3.67% |
Oil States financial indicator trend analysis is much more than just breaking down Oil States International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil States International is a good investment. Please check the relationship between Oil States Days Of Inventory On Hand and its Dividend Yield accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States 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 gross domestic product.
Days Of Inventory On Hand vs Dividend Yield
Days Of Inventory On Hand vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oil States International Days Of Inventory On Hand account and
Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oil States' Days Of Inventory On Hand and Dividend Yield is -0.12. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Oil States International, assuming nothing else is changed. The correlation between historical values of Oil States' Days Of Inventory On Hand and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Oil States International are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Of Inventory On Hand i.e., Oil States' Days Of Inventory On Hand and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Days Of Inventory On Hand
Dividend Yield
Dividend Yield is Oil States International dividend as a percentage of Oil States stock price. Oil States International dividend yield is a measure of Oil States stock productivity, which can be interpreted as interest rate earned on an Oil States investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Oil States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil States 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 Oil States 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 gross domestic product.
At this time, Oil States'
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 3.1
M in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
Oil States fundamental ratios Correlations
Click cells to compare fundamentals
Oil States Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oil States fundamental ratios Accounts
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