| OFS Stock | | | USD 8.29 0.18 2.22% |
OFS Capital financial indicator trend analysis is much more than just breaking down OFS Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OFS Capital Corp is a good investment. Please check the relationship between OFS Capital Other Assets and its Net Receivables accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFS Capital 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 census.
For more information on how to buy OFS Stock please use our
How to Invest in OFS Capital guide.
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OFS Capital Corp Other Assets account and
Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between OFS Capital's Other Assets and Net Receivables is 0.18. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of OFS Capital Corp, assuming nothing else is changed. The correlation between historical values of OFS Capital's Other Assets and Net Receivables 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 OFS Capital Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Assets i.e., OFS Capital's Other Assets and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.18 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Most indicators from OFS Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OFS Capital 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 OFS Capital 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 census.
For more information on how to buy OFS Stock please use our
How to Invest in OFS Capital guide.At this time, OFS Capital's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 10.78 in 2024, whereas
Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
When running OFS Capital's price analysis, check to
measure OFS Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFS Capital is operating at the current time. Most of OFS Capital's value examination focuses on studying past and present price action to
predict the probability of OFS Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFS Capital's price. Additionally, you may evaluate how the addition of OFS Capital to your portfolios can decrease your overall portfolio volatility.