Osisko Long Term Investments vs Net Invested Capital Analysis

OR Stock

USD 19.31 0.13 0.67%

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 Long Term Investments and its Net Invested Capital 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 metropolitan statistical area.

Long Term Investments vs Net Invested Capital

Long Term Investments vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Osisko Gold Ro Long Term Investments account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Osisko Gold's Long Term Investments and Net Invested Capital is -0.39. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Net Invested Capital 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 Long Term Investments and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Osisko Gold Ro are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Investments i.e., Osisko Gold's Long Term Investments and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

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Long Term Investments

Long Term Investments is an item on the asset side of Osisko Gold balance sheet that represents investments Osisko Gold Ro intends to hold for over a year. Osisko Gold Ro long term investments may include different instruments such as stocks, bonds, real estate and cash.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 metropolitan statistical area.

At this time, Osisko Gold's Tax Provision is relatively stable compared to the past year. As of 11/28/2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Selling General Administrative is likely to drop slightly above 23 M.

Osisko Gold fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.66	0.51	0.99	0.32	0.38	-0.3	0.6	0.11	-0.02	0.78	0.25	0.31	0.51	0.38	0.45	0.56	0.43	0.94	0.21	0.4	0.1	0.27	0.93	0.96	0.59
Other Current Liab	0.66		0.71	0.65	-0.27	-0.35	-0.21	0.89	-0.09	0.35	0.35	0.05	-0.35	-0.02	0.46	0.89	0.84	-0.04	0.62	-0.23	-0.36	-0.15	0.26	0.63	0.76	0.37
Total Current Liabilities	0.51	0.71		0.43	-0.06	-0.19	-0.18	0.58	-0.15	0.26	0.11	-0.11	-0.21	0.03	0.09	0.61	0.69	-0.13	0.59	-0.19	-0.12	-0.17	0.83	0.44	0.59	0.49
Total Stockholder Equity	0.99	0.65	0.43		0.32	0.36	-0.31	0.6	0.1	-0.02	0.75	0.26	0.3	0.49	0.41	0.45	0.53	0.45	0.87	0.19	0.38	0.08	0.16	0.95	0.95	0.48
Other Liab	0.32	-0.27	-0.06	0.32		0.73	0.09	-0.4	0.61	0.02	0.13	0.21	0.85	0.51	-0.3	-0.47	-0.24	0.39	0.26	0.49	0.74	0.63	0.22	0.22	0.1	-0.05
Net Tangible Assets	0.38	-0.35	-0.19	0.36	0.73		-0.36	-0.48	0.18	-0.5	0.38	0.08	0.95	0.78	-0.06	-0.61	-0.22	0.62	0.34	0.32	0.84	0.32	0.12	0.36	0.21	0.16
Retained Earnings	-0.3	-0.21	-0.18	-0.31	0.09	-0.36		0.01	0.56	0.46	-0.12	-0.06	-0.25	-0.68	-0.13	-0.08	-0.47	-0.64	-0.23	0.38	-0.07	0.31	-0.25	-0.56	-0.38	-0.19
Accounts Payable	0.6	0.89	0.58	0.6	-0.4	-0.48	0.01		-0.09	0.31	0.48	0.21	-0.54	-0.15	0.45	0.95	0.68	-0.09	0.61	-0.02	-0.38	-0.18	0.08	0.53	0.72	0.47
Cash	0.11	-0.09	-0.15	0.1	0.61	0.18	0.56	-0.09		0.26	0.08	0.33	0.3	0.06	-0.35	-0.16	-0.16	0.04	0.1	0.5	0.31	0.92	-0.07	-0.11	-0.13	-0.21
Other Assets	-0.02	0.35	0.26	-0.02	0.02	-0.5	0.46	0.31	0.26		-0.19	0.11	-0.29	-0.38	-0.13	0.37	0.2	-0.36	-0.02	-0.03	-0.28	0.14	0.08	-0.11	-0.02	-0.16
Long Term Debt	0.78	0.35	0.11	0.75	0.13	0.38	-0.12	0.48	0.08	-0.19		0.28	0.23	0.43	0.42	0.23	0.22	0.39	0.83	0.41	0.39	0.09	-0.09	0.67	0.74	0.74
Net Receivables	0.25	0.05	-0.11	0.26	0.21	0.08	-0.06	0.21	0.33	0.11	0.28		0.12	0.49	-0.16	0.22	0.18	0.69	0.26	0.22	0.14	0.54	-0.04	0.24	0.14	0.06
Good Will	0.31	-0.35	-0.21	0.3	0.85	0.95	-0.25	-0.54	0.3	-0.29	0.23	0.12		0.71	-0.08	-0.64	-0.27	0.57	0.25	0.29	0.78	0.42	0.11	0.29	0.12	0.01
Common Stock Total Equity	0.51	-0.02	0.03	0.49	0.51	0.78	-0.68	-0.15	0.06	-0.38	0.43	0.49	0.71		-0.13	-0.18	0.27	0.93	0.49	0.15	0.6	0.35	0.28	0.59	0.39	0.29
Short Term Investments	0.38	0.46	0.09	0.41	-0.3	-0.06	-0.13	0.45	-0.35	-0.13	0.42	-0.16	-0.08	-0.13		0.32	0.1	-0.07	0.32	-0.27	-0.27	-0.46	-0.28	0.37	0.5	0.22
Inventory	0.45	0.89	0.61	0.45	-0.47	-0.61	-0.08	0.95	-0.16	0.37	0.23	0.22	-0.64	-0.18	0.32		0.78	-0.08	0.44	-0.15	-0.54	-0.2	0.16	0.44	0.59	0.3
Other Current Assets	0.56	0.84	0.69	0.53	-0.24	-0.22	-0.47	0.68	-0.16	0.2	0.22	0.18	-0.27	0.27	0.1	0.78		0.23	0.54	-0.3	-0.2	-0.06	0.46	0.62	0.63	0.36
Other Stockholder Equity	0.43	-0.04	-0.13	0.45	0.39	0.62	-0.64	-0.09	0.04	-0.36	0.39	0.69	0.57	0.93	-0.07	-0.08	0.23		0.37	0.13	0.47	0.34	0.06	0.56	0.33	0.14
Total Liab	0.94	0.62	0.59	0.87	0.26	0.34	-0.23	0.61	0.1	-0.02	0.83	0.26	0.25	0.49	0.32	0.44	0.54	0.37		0.3	0.35	0.13	0.41	0.81	0.91	0.78
Deferred Long Term Liab	0.21	-0.23	-0.19	0.19	0.49	0.32	0.38	-0.02	0.5	-0.03	0.41	0.22	0.29	0.15	-0.27	-0.15	-0.3	0.13	0.3		0.41	0.46	-0.12	0.03	0.08	0.25
Long Term Investments	0.4	-0.36	-0.12	0.38	0.74	0.84	-0.07	-0.38	0.31	-0.28	0.39	0.14	0.78	0.6	-0.27	-0.54	-0.2	0.47	0.35	0.41		0.37	0.17	0.33	0.2	0.2
Total Current Assets	0.1	-0.15	-0.17	0.08	0.63	0.32	0.31	-0.18	0.92	0.14	0.09	0.54	0.42	0.35	-0.46	-0.2	-0.06	0.34	0.13	0.46	0.37		0.03	-0.06	-0.15	-0.16
Short Term Debt	0.27	0.26	0.83	0.16	0.22	0.12	-0.25	0.08	-0.07	0.08	-0.09	-0.04	0.11	0.28	-0.28	0.16	0.46	0.06	0.41	-0.12	0.17	0.03		0.22	0.27	0.39
Common Stock	0.93	0.63	0.44	0.95	0.22	0.36	-0.56	0.53	-0.11	-0.11	0.67	0.24	0.29	0.59	0.37	0.44	0.62	0.56	0.81	0.03	0.33	-0.06	0.22		0.94	0.47
Property Plant Equipment	0.96	0.76	0.59	0.95	0.1	0.21	-0.38	0.72	-0.13	-0.02	0.74	0.14	0.12	0.39	0.5	0.59	0.63	0.33	0.91	0.08	0.2	-0.15	0.27	0.94		0.63
Short Long Term Debt Total	0.59	0.37	0.49	0.48	-0.05	0.16	-0.19	0.47	-0.21	-0.16	0.74	0.06	0.01	0.29	0.22	0.3	0.36	0.14	0.78	0.25	0.2	-0.16	0.39	0.47	0.63

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Osisko Gold Account Relationship Matchups

Osisko Gold fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.9B	2.4B	2.4B	2.0B	2.0B	1.7B
Other Current Liab	21.1M	39.4M	32.7M	16.1M	16.2M	20.1M
Total Current Liabilities	27.9M	109.5M	346.3M	17.9M	20.5M	19.4M
Total Stockholder Equity	1.5B	1.7B	1.6B	1.7B	1.7B	1.3B
Other Liab	67.5M	86.0M	119.4M	86.6M	99.6M	54.4M
Net Tangible Assets	1.4B	1.6B	1.5B	1.6B	1.9B	2.0B
Retained Earnings	(249.7M)	(174.5M)	(283.0M)	(463.6M)	(554.7M)	(527.0M)
Accounts Payable	6.8M	12.8M	9.7M	648K	3.1M	3.0M
Cash	108.2M	302.5M	115.7M	90.5M	67.7M	64.3M
Other Assets	6.9M	25.8M	18.0M	1.8M	(41.4M)	(39.4M)
Long Term Debt	349.0M	350.6M	115.5M	148.0M	191.9M	182.8M
Net Receivables	6.3M	1.0M	1.4M	2.0M	4.1M	4.0M
Common Stock Total Equity	1.6B	1.6B	1.7B	1.8B	2.0B	2.1B
Inventory	1.7M	10.0M	18.6M	1.0	13K	12.4K
Other Current Assets	3.5M	18.1M	17.3M	12.2M	4.0M	7.4M
Other Stockholder Equity	73.3M	41.6M	42.5M	77.3M	79.4M	83.4M
Total Liab	453.8M	556.1M	590.6M	259.1M	315.5M	334.8M
Deferred Long Term Liab	1.6M	1.2M	1.8M	1.8M	2.1M	2.0M
Long Term Investments	171.5M	276.7M	294.4M	393.3M	208.7M	147.1M
Total Current Assets	140.4M	335.2M	152.9M	104.8M	84.0M	151.1M
Accumulated Other Comprehensive Income	13.5M	49.0M	58.9M	47.4M	28.1M	29.5M
Short Term Debt	796K	51.3M	303.9M	921K	1.1M	1.1M
Common Stock	1.7B	1.8B	1.8B	2.1B	2.1B	1.3B
Property Plant Equipment	1.5B	1.6B	1.8B	1.4B	1.6B	1.2B
Short Long Term Debt Total	349.8M	411.8M	428.8M	155.6M	199.9M	242.3M
Property Plant And Equipment Net	386.6M	532.0M	639.3M	6.9M	7.1M	6.8M
Net Debt	240.8M	109.3M	313.1M	65.0M	132.2M	138.8M
Non Current Assets Total	1.8B	2.1B	2.2B	1.9B	1.9B	1.8B
Non Currrent Assets Other	1.1B	1.1B	1.2B	1.3B	1.6B	818.3M
Cash And Short Term Investments	128.9M	306.0M	115.7M	90.5M	75.9M	72.1M
Common Stock Shares Outstanding	151.3M	162.4M	167.6M	180.4M	185.2M	141.9M
Liabilities And Stockholders Equity	1.9B	2.4B	2.4B	2.0B	2.0B	2.0B
Non Current Liabilities Total	425.9M	446.5M	244.3M	241.2M	295.0M	333.5M
Property Plant And Equipment Gross	446.8M	532.0M	812.0M	11.9M	7.1M	6.8M
Long Term Debt Total	352.8M	349.0M	360.5M	124.9M	143.7M	266.7M
Capital Surpluse	21.2M	37.6M	41.6M	42.5M	48.9M	27.9M

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

0.81	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.9	AG	First Majestic Silver	Pair Corr

Moving against Osisko Stock

0.78	GURE	Gulf Resources	Pair Corr
0.33	BAK	Braskem SA Class	Pair Corr

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 Correlation Correlation Matching

Additional Tools for Osisko Stock Analysis

When running Osisko Gold's price analysis, check to measure Osisko Gold'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 Osisko Gold is operating at the current time. Most of Osisko Gold's value examination focuses on studying past and present price action to predict the probability of Osisko Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Gold's price. Additionally, you may evaluate how the addition of Osisko Gold to your portfolios can decrease your overall portfolio volatility.

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