Olink Non Current Liabilities Total vs Good Will Analysis
OLK Stock | USD 23.95 0.06 0.25% |
Olink Holding financial indicator trend analysis is much more than just breaking down Olink Holding AB prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olink Holding AB is a good investment. Please check the relationship between Olink Holding Non Current Liabilities Total and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olink Holding AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Non Current Liabilities Total vs Good Will
Non Current Liabilities Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olink Holding AB Non Current Liabilities Total account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Olink Holding's Non Current Liabilities Total and Good Will is 0.55. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Good Will in the same time period over historical financial statements of Olink Holding AB, assuming nothing else is changed. The correlation between historical values of Olink Holding's Non Current Liabilities Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Olink Holding AB are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Liabilities Total i.e., Olink Holding's Non Current Liabilities Total and Good Will go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Non Current Liabilities Total
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Olink Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olink Holding AB 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 Olink Holding AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. Tax Provision is expected to rise to about (7.9 M) this year. The value of Selling General Administrative is expected to slide to about 55.9 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.0M | 531K | 858K | 815.1K | Depreciation And Amortization | 14.1M | 19.0M | 19.0M | 16.0M |
Olink Holding fundamental ratios Correlations
Click cells to compare fundamentals
Olink Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Olink Holding AB using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olink Holding AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Olink Stock analysis
When running Olink Holding's price analysis, check to measure Olink Holding'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 Olink Holding is operating at the current time. Most of Olink Holding's value examination focuses on studying past and present price action to predict the probability of Olink Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olink Holding's price. Additionally, you may evaluate how the addition of Olink Holding to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Olink Holding's industry 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 Olink Holding. If investors know Olink 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 Olink Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.27) | Revenue Per Share 1.374 | Quarterly Revenue Growth 0.047 | Return On Assets (0.07) | Return On Equity (0.07) |
The market value of Olink Holding AB is measured differently than its book value, which is the value of Olink that is recorded on the company's balance sheet. Investors also form their own opinion of Olink Holding's value that differs from its market value or its book value, called intrinsic value, which is Olink Holding'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 Olink Holding's market value can be influenced by many factors that don't directly affect Olink Holding'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 Olink Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olink Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olink Holding'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.