Allied Ev To Sales vs Days Sales Outstanding Analysis

AP-UN Stock

CAD 18.40 0.47 2.62%

Allied Properties financial indicator trend analysis is way more than just evaluating Allied Properties Real prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allied Properties Real is a good investment. Please check the relationship between Allied Properties Ev To Sales and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ev To Sales vs Days Sales Outstanding

Ev To Sales vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allied Properties Real Ev To Sales account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Allied Properties' Ev To Sales and Days Sales Outstanding is -0.57. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Allied Properties Real, assuming nothing else is changed. The correlation between historical values of Allied Properties' Ev To Sales 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 Ev To Sales of Allied Properties Real 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 Ev To Sales i.e., Allied Properties' Ev To Sales and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Days Sales Outstanding

Most indicators from Allied Properties' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allied Properties Real 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 Allied Properties Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 24.8 M in 2024, whereas Discontinued Operations is likely to drop slightly above 147.4 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	329.4M	295.2M	317.0M	186.1M
Total Revenue	568.9M	519.5M	564.0M	325.1M

Gross Profit Total Revenue

Allied Properties fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Other Stockholder Equity	Net Receivables	Other Current Assets	Intangible Assets	Common Stock Total Equity	Inventory	Common Stock
Total Assets		0.98	0.66	0.82	0.99	-0.23	0.98	0.92	0.52	0.99	0.99	0.52	0.87	0.99	0.98	-0.23	0.7	0.27	0.87	-0.52	0.79	0.02	-0.58	0.9	0.49	0.93
Short Long Term Debt Total	0.98		0.7	0.87	0.95	-0.27	1.0	0.92	0.46	0.97	0.97	0.46	0.85	1.0	1.0	-0.27	0.74	0.37	0.82	-0.48	0.85	0.02	-0.61	0.84	0.53	0.88
Other Current Liab	0.66	0.7		0.91	0.59	-0.01	0.67	0.86	0.74	0.65	0.64	0.74	0.37	0.7	0.76	-0.01	0.56	0.25	0.24	0.07	0.85	-0.47	-0.43	0.49	0.95	0.57
Total Current Liabilities	0.82	0.87	0.91		0.74	-0.21	0.86	0.92	0.58	0.79	0.79	0.58	0.6	0.85	0.9	-0.21	0.77	0.55	0.49	-0.25	0.93	-0.14	-0.58	0.61	0.77	0.67
Total Stockholder Equity	0.99	0.95	0.59	0.74		-0.22	0.94	0.89	0.53	0.99	0.99	0.53	0.89	0.96	0.95	-0.22	0.62	0.17	0.9	-0.53	0.71	0.0	-0.57	0.92	0.43	0.95
Property Plant And Equipment Net	-0.23	-0.27	-0.01	-0.21	-0.22		-0.27	-0.2	-0.07	-0.25	-0.26	-0.07	-0.4	-0.24	-0.24	1.0	-0.02	-0.37	-0.15	0.07	-0.02	-0.01	0.88	-0.05	-0.01	-0.05
Net Debt	0.98	1.0	0.67	0.86	0.94	-0.27		0.9	0.41	0.97	0.97	0.41	0.85	0.99	0.99	-0.27	0.74	0.39	0.83	-0.52	0.84	0.06	-0.6	0.83	0.5	0.87
Accounts Payable	0.92	0.92	0.86	0.92	0.89	-0.2	0.9		0.69	0.91	0.91	0.69	0.72	0.93	0.95	-0.2	0.71	0.26	0.65	-0.26	0.89	-0.19	-0.6	0.77	0.72	0.83
Cash	0.52	0.46	0.74	0.58	0.53	-0.07	0.41	0.69		0.53	0.53	1.0	0.31	0.49	0.52	-0.07	0.28	-0.17	0.2	0.25	0.51	-0.55	-0.42	0.46	0.73	0.53
Non Current Assets Total	0.99	0.97	0.65	0.79	0.99	-0.25	0.97	0.91	0.53		1.0	0.53	0.88	0.98	0.97	-0.25	0.62	0.2	0.87	-0.5	0.74	-0.05	-0.6	0.9	0.49	0.93
Non Currrent Assets Other	0.99	0.97	0.64	0.79	0.99	-0.26	0.97	0.91	0.53	1.0		0.53	0.88	0.98	0.97	-0.26	0.62	0.21	0.87	-0.5	0.74	-0.05	-0.61	0.9	0.49	0.93
Cash And Short Term Investments	0.52	0.46	0.74	0.58	0.53	-0.07	0.41	0.69	1.0	0.53	0.53		0.31	0.49	0.52	-0.07	0.28	-0.17	0.2	0.25	0.51	-0.55	-0.42	0.46	0.73	0.53
Common Stock Shares Outstanding	0.87	0.85	0.37	0.6	0.89	-0.4	0.85	0.72	0.31	0.88	0.88	0.31		0.85	0.82	-0.4	0.55	0.28	0.91	-0.59	0.56	0.16	-0.65	0.92	0.2	0.9
Non Current Liabilities Total	0.99	1.0	0.7	0.85	0.96	-0.24	0.99	0.93	0.49	0.98	0.98	0.49	0.85		1.0	-0.24	0.71	0.3	0.83	-0.47	0.83	-0.01	-0.59	0.86	0.54	0.9
Total Liab	0.98	1.0	0.76	0.9	0.95	-0.24	0.99	0.95	0.52	0.97	0.97	0.52	0.82	1.0		-0.24	0.74	0.35	0.79	-0.44	0.87	-0.03	-0.6	0.83	0.59	0.88
Property Plant And Equipment Gross	-0.23	-0.27	-0.01	-0.21	-0.22	1.0	-0.27	-0.2	-0.07	-0.25	-0.26	-0.07	-0.4	-0.24	-0.24		-0.02	-0.37	-0.15	0.07	-0.02	-0.01	0.88	-0.05	-0.01	-0.05
Total Current Assets	0.7	0.74	0.56	0.77	0.62	-0.02	0.74	0.71	0.28	0.62	0.62	0.28	0.55	0.71	0.74	-0.02		0.62	0.59	-0.47	0.89	0.46	-0.25	0.56	0.29	0.59
Short Term Debt	0.27	0.37	0.25	0.55	0.17	-0.37	0.39	0.26	-0.17	0.2	0.21	-0.17	0.28	0.3	0.35	-0.37	0.62		0.17	-0.38	0.48	0.44	-0.35	0.08	0.08	0.08
Retained Earnings	0.87	0.82	0.24	0.49	0.9	-0.15	0.83	0.65	0.2	0.87	0.87	0.2	0.91	0.83	0.79	-0.15	0.59	0.17		-0.73	0.52	0.34	-0.38	0.92	0.04	0.9
Other Stockholder Equity	-0.52	-0.48	0.07	-0.25	-0.53	0.07	-0.52	-0.26	0.25	-0.5	-0.5	0.25	-0.59	-0.47	-0.44	0.07	-0.47	-0.38	-0.73		-0.22	-0.62	0.11	-0.54	0.3	-0.51
Net Receivables	0.79	0.85	0.85	0.93	0.71	-0.02	0.84	0.89	0.51	0.74	0.74	0.51	0.56	0.83	0.87	-0.02	0.89	0.48	0.52	-0.22		0.03	-0.38	0.62	0.67	0.67
Other Current Assets	0.02	0.02	-0.47	-0.14	0.0	-0.01	0.06	-0.19	-0.55	-0.05	-0.05	-0.55	0.16	-0.01	-0.03	-0.01	0.46	0.44	0.34	-0.62	0.03		0.21	0.04	-0.71	-0.01
Intangible Assets	-0.58	-0.61	-0.43	-0.58	-0.57	0.88	-0.6	-0.6	-0.42	-0.6	-0.61	-0.42	-0.65	-0.59	-0.6	0.88	-0.25	-0.35	-0.38	0.11	-0.38	0.21		-0.41	-0.4	-0.43
Common Stock Total Equity	0.9	0.84	0.49	0.61	0.92	-0.05	0.83	0.77	0.46	0.9	0.9	0.46	0.92	0.86	0.83	-0.05	0.56	0.08	0.92	-0.54	0.62	0.04	-0.41		0.32	0.99
Inventory	0.49	0.53	0.95	0.77	0.43	-0.01	0.5	0.72	0.73	0.49	0.49	0.73	0.2	0.54	0.59	-0.01	0.29	0.08	0.04	0.3	0.67	-0.71	-0.4	0.32		0.41
Common Stock	0.93	0.88	0.57	0.67	0.95	-0.05	0.87	0.83	0.53	0.93	0.93	0.53	0.9	0.9	0.88	-0.05	0.59	0.08	0.9	-0.51	0.67	-0.01	-0.43	0.99	0.41

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Allied Properties Account Relationship Matchups

Allied Properties fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.3B	9.4B	10.4B	11.9B	10.6B	11.1B
Short Long Term Debt Total	2.3B	2.9B	3.6B	4.3B	3.7B	3.9B
Other Current Liab	26.8M	33.6M	41.6M	150.9M	350.3M	367.8M
Total Current Liabilities	276.9M	304.8M	339.6M	825.0M	864.4M	907.6M
Total Stockholder Equity	5.7B	6.2B	6.4B	6.6B	6.1B	6.4B
Property Plant And Equipment Net	22.9M	22.2M	28.2M	23.8M	24.7M	23.4M
Net Debt	2.1B	2.8B	3.6B	4.2B	3.5B	3.7B
Accounts Payable	157.0M	169.4M	180.4M	245.7M	283.3M	297.5M
Cash	208.9M	45.5M	22.5M	21.0M	211.1M	221.6M
Non Current Assets Total	8.0B	9.3B	10.1B	10.1B	10.0B	10.5B
Non Currrent Assets Other	8.0B	9.3B	10.0B	10.1B	9.9B	10.4B
Cash And Short Term Investments	208.9M	45.5M	22.5M	21.0M	211.1M	221.6M
Common Stock Shares Outstanding	112.7M	124.5M	127.5M	136.9M	139.8M	73.5M
Liabilities And Stockholders Equity	8.3B	9.4B	10.4B	11.9B	10.6B	11.1B
Non Current Liabilities Total	2.3B	2.9B	3.6B	4.0B	3.6B	3.8B
Total Liab	2.6B	3.2B	4.0B	4.8B	4.5B	4.7B
Property Plant And Equipment Gross	22.9M	22.2M	28.2M	23.8M	24.7M	23.4M
Total Current Assets	342.7M	110.1M	310.2M	1.8B	633.7M	665.4M
Short Term Debt	29.2M	26.7M	36.1M	346.9M	149.2M	127.2M
Retained Earnings	2.0B	2.3B	2.5B	2.6B	1.6B	997.4M
Other Stockholder Equity	(1.9B)	(8.4B)	(2.5B)	(9.7B)	37.7M	39.5M
Net Receivables	73.4M	35.6M	176.2M	420.2M	331.2M	347.7M
Other Current Assets	126.1M	47.7M	25.2M	1.4B	(863.6M)	(820.4M)
Common Stock Total Equity	2.4B	2.8B	3.7B	3.9B	4.5B	2.6B
Common Stock	3.7B	3.9B	3.9B	3.9B	4.5B	3.1B
Net Tangible Assets	5.7B	6.2B	6.4B	6.6B	7.6B	4.7B
Other Assets	375.5M	575.9M	507.7M	361.3M	415.5M	298.6M
Long Term Debt	2.1B	2.7B	3.4B	3.9B	3.5B	2.5B
Long Term Investments	95.6M	117.1M	124.8M	7.1M	8.9M	8.4M
Short Long Term Debt	29.2M	26.7M	36.1M	346.9M	149.2M	196.8M
Property Plant Equipment	7.5B	8.7B	9.6B	9.7B	11.1B	7.0B
Current Deferred Revenue	63.8M	75.1M	81.5M	81.5M	81.6M	68.3M
Short Term Investments	1.3M	1M	500K	113.3M	130.3M	136.8M
Capital Lease Obligations	155.2M	157.1M	157.6M	50.9M	50.6M	48.1M
Net Invested Capital	7.9B	8.9B	9.9B	10.8B	9.8B	9.3B
Net Working Capital	313.2M	127.8M	194.0M	987.8M	(230.7M)	(219.2M)

Pair Trading with Allied Properties

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 Allied Properties 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 Allied Properties will appreciate offsetting losses from the drop in the long position's value.

Moving against Allied Stock

0.48

AEMC

Alaska Energy Metals

Pair Corr

The ability to find closely correlated positions to Allied Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Properties 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 Allied Properties - 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 Allied Properties Real to buy it.

The correlation of Allied Properties 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 Allied Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Properties Real 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 Allied Properties 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 Correlation Correlation Matching

Additional Tools for Allied Stock Analysis

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

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