AGF Dividend Yield vs Days Sales Outstanding Analysis

AGF-B Stock  CAD 10.84  0.12  1.12%   
AGF Management financial indicator trend analysis is way more than just evaluating AGF Management prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AGF Management is a good investment. Please check the relationship between AGF Management Dividend Yield and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AGF Management Limited. 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 labor statistics.

Dividend Yield vs Days Sales Outstanding

Dividend Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AGF Management Dividend Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AGF Management's Dividend Yield and Days Sales Outstanding is -0.09. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of AGF Management Limited, assuming nothing else is changed. The correlation between historical values of AGF Management's Dividend Yield and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of AGF Management Limited are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Dividend Yield i.e., AGF Management's Dividend Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is AGF Management Limited dividend as a percentage of AGF Management stock price. AGF Management dividend yield is a measure of AGF Management stock productivity, which can be interpreted as interest rate earned on an AGF Management investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Days Sales Outstanding

Most indicators from AGF Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AGF Management 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AGF Management Limited. 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 labor statistics.
At this time, AGF Management's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 35 M in 2025, whereas Selling General Administrative is likely to drop slightly above 151.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit471.6M261.3M235.1M311.3M
Total Revenue471.8M508.4M584.6M504.6M

AGF Management fundamental ratios Correlations

0.190.780.43-0.230.650.95-0.01-0.480.260.63-0.70.690.620.780.350.24-0.070.27-0.52-0.80.180.78-0.540.710.05
0.190.1-0.70.03-0.290.040.170.580.750.74-0.040.82-0.070.730.75-0.120.840.18-0.1-0.260.740.18-0.170.720.36
0.780.10.46-0.20.890.870.03-0.570.170.36-0.690.530.820.610.270.58-0.20.16-0.71-0.910.10.98-0.550.620.25
0.43-0.70.46-0.380.760.5-0.28-0.9-0.3-0.31-0.41-0.280.42-0.14-0.260.27-0.70.01-0.19-0.27-0.330.34-0.41-0.23-0.23
-0.230.03-0.2-0.38-0.32-0.030.360.24-0.64-0.110.19-0.060.23-0.17-0.630.0-0.1-0.41-0.340.03-0.64-0.040.34-0.050.04
0.65-0.290.890.76-0.320.77-0.1-0.78-0.04-0.02-0.570.190.70.310.040.48-0.470.15-0.49-0.68-0.10.8-0.540.230.02
0.950.040.870.5-0.030.770.05-0.590.010.47-0.740.570.810.660.120.39-0.260.16-0.68-0.87-0.070.89-0.50.630.06
-0.010.170.03-0.280.36-0.10.05-0.15-0.110.12-0.080.10.150.08-0.090.29-0.10.14-0.18-0.14-0.120.12-0.10.19-0.25
-0.480.58-0.57-0.90.24-0.78-0.59-0.150.310.230.520.18-0.580.050.26-0.480.74-0.080.360.440.35-0.490.510.090.28
0.260.750.17-0.3-0.64-0.040.01-0.110.310.62-0.10.64-0.240.640.99-0.120.720.390.17-0.181.00.13-0.340.550.26
0.630.740.36-0.31-0.11-0.020.470.120.230.62-0.370.830.20.810.670.110.510.24-0.39-0.570.570.44-0.250.920.38
-0.7-0.04-0.69-0.410.19-0.57-0.74-0.080.52-0.1-0.37-0.41-0.65-0.52-0.17-0.440.18-0.30.480.74-0.06-0.730.34-0.530.14
0.690.820.53-0.28-0.060.190.570.10.180.640.83-0.410.30.980.7-0.040.580.3-0.33-0.620.590.6-0.370.90.25
0.62-0.070.820.420.230.70.810.15-0.58-0.240.2-0.650.30.35-0.160.7-0.43-0.07-0.91-0.88-0.30.87-0.380.470.23
0.780.730.61-0.14-0.170.310.660.080.050.640.81-0.520.980.350.710.00.490.35-0.33-0.670.590.66-0.430.890.18
0.350.750.27-0.26-0.630.040.12-0.090.260.990.67-0.170.7-0.160.71-0.070.690.410.1-0.270.980.23-0.370.630.27
0.24-0.120.580.270.00.480.390.29-0.48-0.120.11-0.44-0.040.70.0-0.07-0.46-0.16-0.76-0.66-0.150.59-0.320.310.37
-0.070.84-0.2-0.7-0.1-0.47-0.26-0.10.740.720.510.180.58-0.430.490.69-0.460.240.270.10.74-0.150.150.410.25
0.270.180.160.01-0.410.150.160.14-0.080.390.24-0.30.3-0.070.350.41-0.160.240.18-0.110.390.140.140.21-0.42
-0.52-0.1-0.71-0.19-0.34-0.49-0.68-0.180.360.17-0.390.48-0.33-0.91-0.330.1-0.760.270.180.860.24-0.790.28-0.58-0.5
-0.8-0.26-0.91-0.270.03-0.68-0.87-0.140.44-0.18-0.570.74-0.62-0.88-0.67-0.27-0.660.1-0.110.86-0.11-0.960.48-0.78-0.36
0.180.740.1-0.33-0.64-0.1-0.07-0.120.351.00.57-0.060.59-0.30.590.98-0.150.740.390.24-0.110.06-0.30.50.23
0.780.180.980.34-0.040.80.890.12-0.490.130.44-0.730.60.870.660.230.59-0.150.14-0.79-0.960.06-0.480.710.28
-0.54-0.17-0.55-0.410.34-0.54-0.5-0.10.51-0.34-0.250.34-0.37-0.38-0.43-0.37-0.320.150.140.280.48-0.3-0.48-0.32-0.1
0.710.720.62-0.23-0.050.230.630.190.090.550.92-0.530.90.470.890.630.310.410.21-0.58-0.780.50.71-0.320.42
0.050.360.25-0.230.040.020.06-0.250.280.260.380.140.250.230.180.270.370.25-0.42-0.5-0.360.230.28-0.10.42
Click cells to compare fundamentals

AGF Management Account Relationship Matchups

AGF Management fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.4B1.6B1.9B2.3B
Short Long Term Debt Total85.7M84.6M102.9M89.9M103.4M98.2M
Total Stockholder Equity1.0B1.0B1.1B1.1B1.3B874.6M
Property Plant And Equipment Net95.1M99.4M99.7M94.1M108.2M113.6M
Net Debt(8.3M)(1.9M)44.2M39.4M35.5M33.7M
Retained Earnings561.8M593.9M651.1M686.9M789.9M467.5M
Non Current Assets Total1.2B1.2B1.3B1.5B1.7B1.8B
Non Currrent Assets Other2.5M1.4M3.6M3.0M2.7M2.6M
Other Assets20.6M12.8M7.4M3.9M3.5M3.4M
Cash And Short Term Investments112.2M109.6M79.3M72.6M83.5M79.4M
Common Stock Shares Outstanding71.7M69.4M67.2M64.2M73.8M89.7M
Short Term Investments23.1M20.7M22.2M20.2M18.2M17.2M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.4B1.6B2.3B
Non Current Liabilities Total241.4M262.7M247.1M353.2M406.2M385.9M
Other Stockholder Equity40.5M40.2M41.9M44.5M40.0M38.0M
Total Liab328.2M338.4M331.4M473.6M544.7M517.4M
Total Current Assets153.0M122.5M116.9M125.7M144.6M137.3M
Accumulated Other Comprehensive Income2.6M3.0M3.0M2.9M3.3M3.5M
Other Current Liab52.5M48.3M51.5M893K803.7K763.5K
Accounts Payable20.4M18.2M18.9M23.6M21.2M20.1M
Net Receivables5.8M40.7M36.6M48.0M43.2M42.1M
Total Current Liabilities86.8M75.7M84.3M120.4M108.4M103.0M
Cash86.5M58.6M50.5M53.0M47.7M45.3M
Common Stock425.5M426.2M391.7M390.5M449.1M471.8M
Other Current Assets17.2M27.6M22.3M7.6M6.8M6.5M
Intangible Assets690.3M690.2M690.2M773.3M889.3M654.2M
Inventory(17.2M)(21.8M)(19.8M)(21.5M)(19.3M)(20.3M)
Long Term Investments161.5M200.7M257.2M354.4M407.6M209.5M
Other Liab160.8M159.7M160.7M160.9M144.8M140.2M
Net Tangible Assets(18.4M)72.8M87.9M87.6M100.7M105.7M
Property Plant Equipment7.2M87.4M93.0M97.5M112.1M117.7M
Non Current Liabilities Other10.4M10.3M10.4M23.9M27.5M28.8M
Net Invested Capital1.0B1.1B1.1B1.1B1.0B870.6M
Net Working Capital66.2M46.8M32.6M5.3M4.8M4.5M

Pair Trading with AGF Management

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 AGF Management 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 AGF Management will appreciate offsetting losses from the drop in the long position's value.

Moving against AGF Stock

  0.46OIII O3 MiningPairCorr
The ability to find closely correlated positions to AGF Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF Management 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 AGF Management - 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 AGF Management Limited to buy it.
The correlation of AGF Management 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 AGF Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF Management 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 AGF Management 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.
Pair CorrelationCorrelation Matching

Additional Tools for AGF Stock Analysis

When running AGF Management's price analysis, check to measure AGF Management'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 AGF Management is operating at the current time. Most of AGF Management's value examination focuses on studying past and present price action to predict the probability of AGF Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGF Management's price. Additionally, you may evaluate how the addition of AGF Management to your portfolios can decrease your overall portfolio volatility.