Olin Ebitda vs Discontinued Operations Analysis
OLN Stock | USD 43.59 0.72 1.68% |
Olin financial indicator trend analysis is much more than just breaking down Olin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olin is a good investment. Please check the relationship between Olin Ebitda and its Discontinued Operations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Ebitda vs Discontinued Operations
Ebitda vs Discontinued Operations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olin Ebitda account and Discontinued Operations. At this time, the significance of the direction appears to have weak relationship.
The correlation between Olin's Ebitda and Discontinued Operations is 0.35. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Olin Corporation, assuming nothing else is changed. The correlation between historical values of Olin's Ebitda and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Olin Corporation are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Ebitda i.e., Olin's Ebitda and Discontinued Operations go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Ebitda
Discontinued Operations
Most indicators from Olin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olin 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 Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Olin's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Sales General And Administrative To Revenue is likely to grow to 6,247, while Selling General Administrative is likely to drop about 381.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.3B | 2.2B | 6.8B | 7.2B | Total Revenue | 8.9B | 9.4B | 6.8B | 7.2B |
Olin fundamental ratios Correlations
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Olin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Olin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.2B | 8.3B | 8.5B | 8.0B | 7.7B | 8.1B | |
Short Long Term Debt Total | 3.7B | 4.2B | 3.2B | 2.9B | 3.0B | 3.2B | |
Other Current Liab | 19M | 283.3M | 381.3M | 437M | 346.2M | 253.6M | |
Total Current Liabilities | 1.1B | 1.2B | 1.7B | 1.6B | 1.5B | 1.6B | |
Total Stockholder Equity | 2.4B | 1.5B | 2.7B | 2.5B | 2.2B | 1.2B | |
Property Plant And Equipment Net | 3.7B | 3.5B | 3.3B | 3.0B | 2.9B | 1.5B | |
Net Debt | 3.5B | 4.0B | 3.0B | 2.8B | 2.9B | 3.0B | |
Retained Earnings | 941.1M | (155.1M) | 1.0B | 2.2B | 2.6B | 2.7B | |
Cash | 220.9M | 189.7M | 180.5M | 194M | 170.3M | 184.2M | |
Non Current Assets Total | 7.5B | 6.6B | 6.3B | 5.9B | 5.7B | 6.0B | |
Non Currrent Assets Other | 1.2B | 1.2B | 1.1B | 1.1B | 1.1B | 1.2B | |
Cash And Short Term Investments | 220.9M | 189.7M | 180.5M | 194M | 170.3M | 190.3M | |
Net Receivables | 774.3M | 786M | 1.1B | 967.8M | 890M | 466.7M | |
Common Stock Shares Outstanding | 162.3M | 157.9M | 163M | 148.5M | 128.8M | 87.0M | |
Liabilities And Stockholders Equity | 9.2B | 8.3B | 8.5B | 8.0B | 7.7B | 8.1B | |
Non Current Liabilities Total | 5.7B | 5.6B | 4.2B | 3.9B | 3.9B | 4.1B | |
Inventory | 695.7M | 674.7M | 868.3M | 941.9M | 858.8M | 901.7M | |
Other Current Assets | 23.1M | 66.7M | 92.7M | 52.7M | 54.1M | 34.7M | |
Other Stockholder Equity | 2.1B | 2.1B | 2.0B | 682.7M | 24.8M | 23.6M | |
Total Liab | 6.8B | 6.8B | 5.9B | 5.5B | 5.4B | 5.7B | |
Total Current Assets | 1.7B | 1.7B | 2.2B | 2.2B | 2.0B | 1.1B | |
Short Term Debt | 81.4M | 175.7M | 354.7M | 153.3M | 217.4M | 206.5M | |
Intangible Assets | 448.1M | 399.4M | 331.7M | 273.8M | 245.8M | 268.5M | |
Accounts Payable | 651.9M | 729.2M | 847.7M | 837.7M | 775.4M | 814.2M | |
Property Plant And Equipment Gross | 3.7B | 3.5B | 7.4B | 7.4B | 7.7B | 8.1B | |
Accumulated Other Comprehensive Income | (803.4M) | (688.4M) | (488M) | (495.9M) | (496.3M) | (521.1M) | |
Common Stock | 157.7M | 158M | 156.8M | 132.3M | 120.2M | 96.2M | |
Common Stock Total Equity | 157.7M | 158M | 156.8M | 132.3M | 152.1M | 108.1M | |
Other Liab | 2.0B | 1.5B | 1.3B | 1.1B | 1.2B | 997.0M | |
Other Assets | 91.8M | 1.6B | 1.2B | 1.2B | 1.3B | 1.4B | |
Long Term Debt | 3.3B | 3.8B | 2.6B | 2.6B | 2.6B | 1.6B | |
Property Plant Equipment | 3.3B | 3.2B | 3.3B | 3.0B | 3.5B | 1.8B | |
Good Will | 2.1B | 1.4B | 1.4B | 1.4B | 1.4B | 1.0B | |
Net Tangible Assets | (150.3M) | 1.5B | 899.9M | 848.9M | 976.2M | 1.0B | |
Retained Earnings Total Equity | 941.1M | (155.1M) | 1.0B | 2.2B | 2.6B | 2.7B | |
Long Term Debt Total | 3.3B | 3.8B | 2.6B | 2.6B | 3.0B | 3.3B | |
Capital Surpluse | 2.1B | 2.1B | 2.0B | 682.7M | 785.1M | 745.8M | |
Deferred Long Term Liab | 454.5M | 443.2M | 558.9M | 507.3M | 583.4M | 463.7M |
Pair Trading with Olin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Olin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Olin will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Olin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Olin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Olin Corporation to buy it.
The correlation of Olin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Olin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Olin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olin Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Olin. If investors know Olin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Olin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Dividend Share 0.8 | Earnings Share 1.26 | Revenue Per Share 54.448 | Quarterly Revenue Growth (0.05) |
The market value of Olin is measured differently than its book value, which is the value of Olin that is recorded on the company's balance sheet. Investors also form their own opinion of Olin's value that differs from its market value or its book value, called intrinsic value, which is Olin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Olin's market value can be influenced by many factors that don't directly affect Olin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.