Oxford Pretax Profit Margin vs Gross Profit Margin Analysis
| OXLCZ Stock | USD 23.75 0.08 0.34% |
Oxford Lane financial indicator trend analysis is much more than just breaking down Oxford Lane Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Lane Capital is a good investment. Please check the relationship between Oxford Lane Pretax Profit Margin and its Gross Profit Margin accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Pretax Profit Margin vs Gross Profit Margin
Pretax Profit Margin vs Gross Profit Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Pretax Profit Margin account and Gross Profit Margin. At this time, the significance of the direction appears to have no relationship.
The correlation between Oxford Lane's Pretax Profit Margin and Gross Profit Margin is 0.06. Overlapping area represents the amount of variation of Pretax Profit Margin that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of Oxford Lane Capital, assuming nothing else is changed. The correlation between historical values of Oxford Lane's Pretax Profit Margin and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pretax Profit Margin of Oxford Lane Capital are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Pretax Profit Margin i.e., Oxford Lane's Pretax Profit Margin and Gross Profit Margin go up and down completely randomly.
Correlation Coefficient | 0.06 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Pretax Profit Margin
Gross Profit Margin
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