Oklo Change In Cash vs Net Income Analysis
| OKLO Stock | 20.13 2.10 9.45% |
Oklo financial indicator trend analysis is much more than just breaking down Oklo Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oklo Inc is a good investment. Please check the relationship between Oklo Change In Cash and its Net Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oklo 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 bureau of economic analysis.
Change In Cash vs Net Income
Change In Cash vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oklo Inc Change In Cash account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Oklo's Change In Cash and Net Income is -0.7. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Oklo Inc, assuming nothing else is changed. The correlation between historical values of Oklo's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Oklo Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Oklo's Change In Cash and Net Income go up and down completely randomly.
Correlation Coefficient | -0.7 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Change In Cash
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Oklo Inc financial statement analysis. It represents the amount of money remaining after all of Oklo Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Oklo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oklo 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 Oklo 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 bureau of economic analysis. As of the 4th of December 2024, Tax Provision is likely to grow to about 5.7 M, while Selling General Administrative is likely to drop about 5.7 M.
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 4.9K | 7.3M | 22.0M | 23.1M | Net Interest Income | 4.9K | 7.3M | 22.0M | 23.1M |
Oklo fundamental ratios Correlations
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Oklo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Oklo
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 Oklo 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 Oklo will appreciate offsetting losses from the drop in the long position's value.Moving against Oklo Stock
| 0.9 | EBR | Centrais Electricas | PairCorr |
| 0.73 | FE | FirstEnergy | PairCorr |
| 0.72 | AEP | American Electric Power | PairCorr |
| 0.69 | ES | Eversource Energy | PairCorr |
| 0.58 | GNE | Genie Energy | PairCorr |
The ability to find closely correlated positions to Oklo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oklo 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 Oklo - 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 Oklo Inc to buy it.
The correlation of Oklo 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 Oklo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oklo Inc 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 Oklo 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oklo 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 bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oklo. If investors know Oklo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oklo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.297 | Earnings Share (0.12) | Return On Assets (0.15) | Return On Equity (0.59) |
The market value of Oklo Inc is measured differently than its book value, which is the value of Oklo that is recorded on the company's balance sheet. Investors also form their own opinion of Oklo's value that differs from its market value or its book value, called intrinsic value, which is Oklo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oklo's market value can be influenced by many factors that don't directly affect Oklo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oklo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oklo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oklo'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.