ODV Stock | | | USD 1.82 0.05 2.67% |
Osisko Development financial indicator trend analysis is much more than just breaking down Osisko Development Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Osisko Development Corp is a good investment. Please check the relationship between Osisko Development Interest Expense and its Selling And Marketing Expenses accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Osisko Development 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 unemployment.
Interest Expense vs Selling And Marketing Expenses
Interest Expense vs Selling And Marketing Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Osisko Development Corp Interest Expense account and
Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Osisko Development's Interest Expense and Selling And Marketing Expenses is -0.19. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of Osisko Development Corp, assuming nothing else is changed. The correlation between historical values of Osisko Development's Interest Expense and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Osisko Development Corp are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Interest Expense i.e., Osisko Development's Interest Expense and Selling And Marketing Expenses go up and down completely randomly.
Correlation Coefficient | -0.19 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Selling And Marketing Expenses
Most indicators from Osisko Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Osisko Development 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 Osisko Development 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 unemployment.
Sales General And Administrative To Revenue is likely to climb to 1.66 in 2024, despite the fact that
Tax Provision is likely to grow to (21.4
M).
Osisko Development fundamental ratios Correlations
Click cells to compare fundamentals
Osisko Development Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Osisko Development fundamental ratios Accounts
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