Osisko Days Sales Outstanding vs Dividend Yield Analysis

OR Stock  CAD 26.99  1.12  3.98%   
Osisko Gold financial indicator trend analysis is much more than just breaking down Osisko Gold Ro prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Gold Ro is a good investment. Please check the relationship between Osisko Gold Days Sales Outstanding and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Osisko Gold's Days Sales Outstanding and Dividend Yield is -0.77. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Osisko Gold Ro, assuming nothing else is changed. The correlation between historical values of Osisko Gold's Days Sales Outstanding 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 Sales Outstanding of Osisko Gold Ro 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 Sales Outstanding i.e., Osisko Gold's Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.77
Relationship DirectionNegative 
Relationship StrengthWeak

Days Sales Outstanding

Dividend Yield

Dividend Yield is Osisko Gold Ro dividend as a percentage of Osisko Gold stock price. Osisko Gold Ro dividend yield is a measure of Osisko Gold stock productivity, which can be interpreted as interest rate earned on an Osisko Gold 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 Osisko Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Gold Ro 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 Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Osisko Gold's Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, though Discontinued Operations is likely to grow to (229.5 M).
 2023 2024 (projected)
Non Recurring63.9M56.8M
Interest Income6.8M6.5M

Osisko Gold fundamental ratios Correlations

0.850.540.460.980.410.74-0.510.39-0.160.98-0.26-0.160.690.910.310.840.270.350.840.940.390.020.450.890.06
0.850.540.520.740.250.84-0.280.34-0.180.85-0.14-0.170.50.690.210.830.220.270.620.960.37-0.020.620.64-0.08
0.540.540.690.490.560.41-0.350.90.020.49-0.280.010.880.63-0.480.320.850.870.740.610.920.410.190.56-0.59
0.460.520.690.340.440.51-0.380.61-0.190.46-0.12-0.210.690.48-0.170.050.570.530.530.570.680.060.420.43-0.27
0.980.740.490.340.420.68-0.540.37-0.180.97-0.28-0.170.680.920.320.820.260.350.860.860.360.010.350.920.06
0.410.250.560.440.420.44-0.780.82-0.430.4-0.79-0.440.690.64-0.410.180.750.790.740.410.75-0.08-0.10.61-0.58
0.740.840.410.510.680.44-0.650.37-0.680.83-0.19-0.670.490.750.260.620.230.320.680.790.38-0.50.350.75-0.27
-0.51-0.28-0.35-0.38-0.54-0.78-0.65-0.550.74-0.580.420.74-0.57-0.74-0.08-0.2-0.4-0.52-0.77-0.39-0.480.50.18-0.790.4
0.390.340.90.610.370.820.37-0.55-0.180.34-0.56-0.190.850.59-0.660.140.970.990.750.440.990.250.010.53-0.77
-0.16-0.180.02-0.19-0.18-0.43-0.680.74-0.18-0.320.131.0-0.15-0.37-0.170.0-0.07-0.16-0.34-0.13-0.140.910.19-0.420.36
0.980.850.490.460.970.40.83-0.580.34-0.32-0.22-0.310.640.920.390.810.210.310.830.920.35-0.150.420.920.04
-0.26-0.14-0.28-0.12-0.28-0.79-0.190.42-0.560.13-0.220.14-0.36-0.380.47-0.26-0.58-0.57-0.44-0.29-0.49-0.11-0.21-0.360.36
-0.16-0.170.01-0.21-0.17-0.44-0.670.74-0.191.0-0.310.14-0.17-0.37-0.150.02-0.1-0.18-0.34-0.12-0.160.90.18-0.420.38
0.690.50.880.690.680.690.49-0.570.85-0.150.64-0.36-0.170.76-0.330.330.810.840.880.640.860.230.140.74-0.46
0.910.690.630.480.920.640.75-0.740.59-0.370.92-0.38-0.370.760.160.670.470.570.960.810.58-0.090.220.99-0.22
0.310.21-0.48-0.170.32-0.410.26-0.08-0.66-0.170.390.47-0.15-0.330.160.33-0.78-0.7-0.060.18-0.66-0.450.080.220.72
0.840.830.320.050.820.180.62-0.20.140.00.81-0.260.020.330.670.330.040.120.570.840.130.090.470.650.13
0.270.220.850.570.260.750.23-0.40.97-0.070.21-0.58-0.10.810.47-0.780.040.980.650.330.980.350.070.41-0.77
0.350.270.870.530.350.790.32-0.520.99-0.160.31-0.57-0.180.840.57-0.70.120.980.740.380.980.27-0.010.52-0.79
0.840.620.740.530.860.740.68-0.770.75-0.340.83-0.44-0.340.880.96-0.060.570.650.740.750.740.010.110.95-0.39
0.940.960.610.570.860.410.79-0.390.44-0.130.92-0.29-0.120.640.810.180.840.330.380.750.460.080.60.76-0.03
0.390.370.920.680.360.750.38-0.480.99-0.140.35-0.49-0.160.860.58-0.660.130.980.980.740.460.280.090.51-0.74
0.02-0.020.410.060.01-0.08-0.50.50.250.91-0.15-0.110.90.23-0.09-0.450.090.350.270.010.080.280.21-0.170.03
0.450.620.190.420.35-0.10.350.180.010.190.42-0.210.180.140.220.080.470.07-0.010.110.60.090.210.180.24
0.890.640.560.430.920.610.75-0.790.53-0.420.92-0.36-0.420.740.990.220.650.410.520.950.760.51-0.170.18-0.18
0.06-0.08-0.59-0.270.06-0.58-0.270.4-0.770.360.040.360.38-0.46-0.220.720.13-0.77-0.79-0.39-0.03-0.740.030.24-0.18
Click cells to compare fundamentals

Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.4B2.4B2.0B2.0B2.0B
Short Long Term Debt Total369.7M411.8M428.8M155.6M199.9M245.1M
Other Current Liab21.1M45.5M32.7M16.3M5.1M4.8M
Total Current Liabilities27.9M109.5M346.3M17.9M20.5M19.4M
Total Stockholder Equity1.5B1.7B1.6B1.7B1.7B1.6B
Property Plant And Equipment Net386.6M532.0M639.3M6.9M1.6B1.6B
Net Debt240.8M109.3M313.1M65.0M132.2M138.8M
Retained Earnings(249.7M)(174.5M)(283.0M)(463.6M)(554.7M)(527.0M)
Accounts Payable6.8M12.8M9.7M648K3.1M5.1M
Cash108.2M302.5M115.7M90.5M67.7M64.3M
Non Current Assets Total1.8B2.1B2.2B1.9B1.9B1.8B
Non Currrent Assets Other1.1B1.1B1.2B1.3B2.2M2.0M
Cash And Short Term Investments128.9M306.0M115.7M90.5M75.9M72.1M
Net Receivables6.3M12.9M14.7M11.7M6.3M10.7M
Common Stock Total Equity1.6B1.6B1.7B1.8B2.0B1.4B
Common Stock Shares Outstanding151.3M162.4M167.6M180.4M185.2M141.9M
Liabilities And Stockholders Equity1.9B2.4B2.4B2.0B2.0B2.0B
Non Current Liabilities Total425.9M446.5M244.3M241.2M336.5M337.6M
Inventory1.7M10.0M18.6M1.013K12.4K
Other Current Assets3.5M6.2M3.9M2.5M1.8M1.7M
Other Stockholder Equity73.3M77.2M75.1M77.3M79.4M69.2M
Total Liab453.8M556.1M590.6M259.1M356.9M414.5M
Property Plant And Equipment Gross386.6M532.0M812.0M11.9M7.1M6.8M
Total Current Assets140.4M335.2M152.9M104.8M84.0M79.8M
Accumulated Other Comprehensive Income13.5M49.0M58.9M47.4M28.1M19.0M
Short Term Debt20.7M51.3M303.9M921K1.1M1.1M
Common Stock1.7B1.8B1.8B2.1B2.1B1.6B
Other Liab67.5M86.0M119.4M86.6M99.6M103.3M
Net Tangible Assets1.4B1.6B1.5B1.6B1.9B1.4B
Other Assets6.9M25.8M18.0M1.8M1.7M1.6M
Long Term Investments171.5M276.7M294.4M393.3M208.7M280.7M
Property Plant Equipment1.5B1.6B1.8B1.4B1.6B1.3B
Short Term Investments0.010M20.7M3.5M8.2M5.5M
Capital Surpluse37.6M41.6M42.5M77.3M88.9M93.3M
Deferred Long Term Liab1.6M1.2M1.8M1.8M1.7M1.6M
Long Term Debt349.0M350.6M115.5M148.0M191.9M201.8M
Long Term Debt Total349.0M360.5M124.9M154.7M139.2M211.7M
Net Invested Capital1.8B2.1B2.0B1.9B1.8B1.6B

Pair Trading with Osisko Gold

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 Osisko Gold 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 Osisko Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Osisko Stock

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Moving against Osisko Stock

  0.46INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Osisko Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Gold 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 Osisko Gold - 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 Osisko Gold Ro to buy it.
The correlation of Osisko Gold 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 Osisko Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Gold Ro 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 Osisko Gold 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.
Pair CorrelationCorrelation Matching
When determining whether Osisko Gold Ro is a strong investment it is important to analyze Osisko Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Osisko Gold's future performance. For an informed investment choice regarding Osisko Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Gold Ro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Osisko Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Gold'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.