OPRT Stock | | | USD 3.46 0.30 9.49% |
Oportun Financial financial indicator trend analysis is much more than just breaking down Oportun Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oportun Financial Corp is a good investment. Please check the relationship between Oportun Financial Other Assets and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oportun Financial 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 metropolitan statistical area.
Other Assets vs Property Plant And Equipment Net
Other Assets vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oportun Financial Corp Other Assets account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between Oportun Financial's Other Assets and Property Plant And Equipment Net is 0.6. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Oportun Financial Corp, assuming nothing else is changed. The correlation between historical values of Oportun Financial's Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Oportun Financial Corp are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Oportun Financial's Other Assets and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
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.
Most indicators from Oportun Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oportun Financial 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 Oportun Financial 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 metropolitan statistical area.
Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas
Selling General Administrative is likely to drop slightly above 133.9
M in 2024.
Oportun Financial fundamental ratios Correlations
Click cells to compare fundamentals
Oportun Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oportun Financial fundamental ratios Accounts
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Additional Tools for Oportun Stock Analysis
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