Dividend Enterprise Value Multiple from 2010 to 2024
| DS Stock | CAD 6.89 0.03 0.44% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter (42.21) | Current Value (40.10) | Quarterly Volatility 25.85926752 |
Check Dividend Select financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dividend Select's main balance sheet or income statement drivers, such as Selling General Administrative of 297.5 K, Other Operating Expenses of 462.4 K or Interest Expense of 0.0, as well as many indicators such as Dividend Yield of 0.08, Ptb Ratio of 1.13 or Book Value Per Share of 8.89. Dividend financial statements analysis is a perfect complement when working with Dividend Select Valuation or Volatility modules.
Dividend | Enterprise Value Multiple |
Pair Trading with Dividend Select
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 Dividend Select 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 Dividend Select will appreciate offsetting losses from the drop in the long position's value.Moving against Dividend Stock
| 0.88 | AEMC | Alaska Energy Metals | PairCorr |
| 0.83 | EOG | Eco Atlantic Oil | PairCorr |
| 0.5 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Dividend Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Select 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 Dividend Select - 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 Dividend Select 15 to buy it.
The correlation of Dividend Select 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 Dividend Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Select 15 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 Dividend Select 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.Other Information on Investing in Dividend Stock
Dividend Select financial ratios help investors to determine whether Dividend Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dividend with respect to the benefits of owning Dividend Select security.