OUST Stock | | | USD 9.55 0.19 2.03% |
Ouster financial indicator trend analysis is much more than just breaking down Ouster Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ouster Inc is a good investment. Please check the relationship between Ouster Income Before Tax and its Selling General Administrative accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ouster Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Income Before Tax vs Selling General Administrative
Income Before Tax vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ouster Inc Income Before Tax account and
Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Ouster's Income Before Tax and Selling General Administrative is -0.84. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Ouster Inc, assuming nothing else is changed. The correlation between historical values of Ouster's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Ouster Inc are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Ouster's Income Before Tax and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.84 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Ouster income statement and is an important metric when analyzing Ouster Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Selling General Administrative
Most indicators from Ouster's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ouster Inc 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 Ouster Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Tax Provision is likely to gain to about 559.6
K in 2024, whereas Selling General Administrative is likely to drop slightly above 50.7
M in 2024.
Ouster fundamental ratios Correlations
Click cells to compare fundamentals
Ouster Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ouster fundamental ratios Accounts
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Additional Tools for Ouster Stock Analysis
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