Dividend 15 Split Stock Short Ratio
| DF Stock | CAD 6.65 0.12 1.84% |
Dividend 15 Split fundamentals help investors to digest information that contributes to Dividend's financial success or failures. It also enables traders to predict the movement of Dividend Stock. The fundamental analysis module provides a way to measure Dividend's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dividend stock.
Dividend | Short Ratio |
Dividend 15 Split Company Short Ratio Analysis
Dividend's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Dividend Short Ratio | 0.04 X |
Most of Dividend's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dividend 15 Split is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dividend Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Dividend is extremely important. It helps to project a fair market value of Dividend Stock properly, considering its historical fundamentals such as Short Ratio. Since Dividend's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dividend's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dividend's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Dividend Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Dividend 15 Split has a Short Ratio of 0.04 times. This is 99.38% lower than that of the Capital Markets sector and 99.28% lower than that of the Financials industry. The short ratio for all Canada stocks is 99.0% higher than that of the company.
Dividend Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dividend from analyzing Dividend's financial statements. These drivers represent accounts that assess Dividend's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dividend's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 358.3M | 594.4M | 585.4M | 479.4M | 431.5M | 230.7M | |
| Enterprise Value | 829.7M | 1.4B | 1.3B | 1.4B | 1.2B | 1.3B |
Dividend Fundamentals
| Shares Outstanding | 24.36 M | ||||
| Number Of Shares Shorted | 1.88 K | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 3.32 X | ||||
| Total Debt | 1.19 M | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | 1.44 X | ||||
| Market Capitalization | 159.09 M | ||||
| Total Asset | 346.21 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 15.45 % | ||||
| Net Asset | 346.21 M |
About Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dividend 15 Split's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dividend 15 Split based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Dividend
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 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 will appreciate offsetting losses from the drop in the long position's value.Moving together with Dividend Stock
Moving against Dividend Stock
The ability to find closely correlated positions to Dividend 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 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 - 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 15 Split to buy it.
The correlation of Dividend 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend 15 Split 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 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 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 security.