OVLY Stock | | | USD 29.48 0.35 1.17% |
Oak Valley financial indicator trend analysis is much more than just breaking down Oak Valley Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oak Valley Bancorp is a good investment. Please check the relationship between Oak Valley Sale Purchase Of Stock and its Investments accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oak Valley Bancorp. 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.
Sale Purchase Of Stock vs Investments
Sale Purchase Of Stock vs Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Oak Valley Bancorp Sale Purchase Of Stock account and
Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oak Valley's Sale Purchase Of Stock and Investments is -0.07. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Investments in the same time period over historical financial statements of Oak Valley Bancorp, assuming nothing else is changed. The correlation between historical values of Oak Valley's Sale Purchase Of Stock and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of Oak Valley Bancorp are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Sale Purchase Of Stock i.e., Oak Valley's Sale Purchase Of Stock and Investments go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Sale Purchase Of Stock
Investments
Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
Most indicators from Oak Valley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oak Valley Bancorp 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 Oak Valley Bancorp. 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.
At this time, Oak Valley's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 0.41 in 2024, whereas
Tax Provision is likely to drop slightly above 5.7
M in 2024.
Oak Valley fundamental ratios Correlations
Click cells to compare fundamentals
Oak Valley Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Oak Valley fundamental ratios Accounts
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