Artis Pocfratio vs Operating Cash Flow Per Share Analysis

AX-UN Stock  CAD 7.78  0.10  1.30%   
Artis Real financial indicator trend analysis is way more than just evaluating Artis Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Artis Real Estate is a good investment. Please check the relationship between Artis Real Pocfratio and its Operating Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artis Real Estate. 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.

Pocfratio vs Operating Cash Flow Per Share

Pocfratio vs Operating Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Artis Real Estate Pocfratio account and Operating Cash Flow Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Artis Real's Pocfratio and Operating Cash Flow Per Share is -0.56. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Operating Cash Flow Per Share in the same time period over historical financial statements of Artis Real Estate, assuming nothing else is changed. The correlation between historical values of Artis Real's Pocfratio and Operating Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pocfratio of Artis Real Estate are associated (or correlated) with its Operating Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Cash Flow Per Share has no effect on the direction of Pocfratio i.e., Artis Real's Pocfratio and Operating Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Pocfratio

Operating Cash Flow Per Share

A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Most indicators from Artis Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Artis Real Estate 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 Artis Real Estate. 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 drop to about 4.6 M in 2024. Tax Provision is likely to gain to about (5.3 M) in 2024
 2021 2022 2023 2024 (projected)
Interest Expense67.1M87.2M119.3M79.3M
Depreciation And Amortization173.2M193.2M1.2M1.2M

Artis Real fundamental ratios Correlations

0.990.510.560.990.980.270.820.180.370.180.450.990.840.58-0.250.990.150.94-0.840.990.790.430.04-0.120.68
0.990.40.50.951.00.290.830.110.360.110.450.970.880.49-0.141.00.150.93-0.860.980.770.370.07-0.190.63
0.510.40.720.570.37-0.290.440.50.530.50.460.570.090.73-0.370.430.390.62-0.470.450.420.660.180.440.46
0.560.50.720.590.5-0.40.460.120.540.120.560.590.040.67-0.290.520.50.68-0.510.490.50.980.40.50.45
0.990.950.570.590.940.270.790.230.350.230.430.980.780.64-0.330.950.130.93-0.80.980.790.460.0-0.070.7
0.981.00.370.50.940.280.80.040.350.040.450.960.880.45-0.161.00.140.91-0.850.970.760.370.08-0.190.62
0.270.29-0.29-0.40.270.280.290.14-0.410.14-0.440.230.55-0.070.170.27-0.820.1-0.120.340.21-0.49-0.84-0.690.21
0.820.830.440.460.790.80.290.460.460.460.270.820.720.590.150.840.130.85-0.830.810.680.31-0.02-0.220.59
0.180.110.50.120.230.040.140.460.141.00.060.220.080.540.230.130.090.31-0.310.170.170.04-0.17-0.110.24
0.370.360.530.540.350.35-0.410.460.140.140.310.40.130.34-0.020.380.650.47-0.460.290.280.50.570.420.2
0.180.110.50.120.230.040.140.461.00.140.060.220.080.540.230.130.090.31-0.310.170.170.04-0.17-0.110.24
0.450.450.460.560.430.45-0.440.270.060.310.060.520.220.5-0.050.460.710.61-0.630.370.260.50.660.160.08
0.990.970.570.590.980.960.230.820.220.40.220.520.80.65-0.20.970.190.97-0.870.970.790.450.07-0.10.66
0.840.880.090.040.780.880.550.720.080.130.080.220.80.21-0.010.87-0.090.71-0.720.870.62-0.11-0.14-0.490.5
0.580.490.730.670.640.45-0.070.590.540.340.540.50.650.21-0.20.510.310.69-0.50.540.550.60.080.310.6
-0.25-0.14-0.37-0.29-0.33-0.160.170.150.23-0.020.23-0.05-0.2-0.01-0.2-0.15-0.06-0.07-0.14-0.26-0.11-0.33-0.03-0.46-0.34
0.991.00.430.520.951.00.270.840.130.380.130.460.970.870.51-0.150.170.94-0.870.980.770.390.08-0.170.64
0.150.150.390.50.130.14-0.820.130.090.650.090.710.19-0.090.31-0.060.170.34-0.350.070.050.510.960.46-0.03
0.940.930.620.680.930.910.10.850.310.470.310.610.970.710.69-0.070.940.34-0.930.910.760.550.2-0.070.59
-0.84-0.86-0.47-0.51-0.8-0.85-0.12-0.83-0.31-0.46-0.31-0.63-0.87-0.72-0.5-0.14-0.87-0.35-0.93-0.81-0.57-0.36-0.250.32-0.29
0.990.980.450.490.980.970.340.810.170.290.170.370.970.870.54-0.260.980.070.91-0.810.80.36-0.04-0.180.68
0.790.770.420.50.790.760.210.680.170.280.170.260.790.620.55-0.110.770.050.76-0.570.80.4-0.040.110.75
0.430.370.660.980.460.37-0.490.310.040.50.040.50.45-0.110.6-0.330.390.510.55-0.360.360.40.430.590.38
0.040.070.180.40.00.08-0.84-0.02-0.170.57-0.170.660.07-0.140.08-0.030.080.960.2-0.25-0.04-0.040.430.43-0.17
-0.12-0.190.440.5-0.07-0.19-0.69-0.22-0.110.42-0.110.16-0.1-0.490.31-0.46-0.170.46-0.070.32-0.180.110.590.430.28
0.680.630.460.450.70.620.210.590.240.20.240.080.660.50.6-0.340.64-0.030.59-0.290.680.750.38-0.170.28
Click cells to compare fundamentals

Artis Real Account Relationship Matchups

Artis Real fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B4.9B4.6B4.6B3.7B3.8B
Short Long Term Debt Total2.7B2.4B2.0B2.2B1.9B1.9B
Other Current Liab38.1M50.2M74.2M33.3M53.6M30.5M
Total Current Liabilities717.2M877.6M954.5M1.4B971.5M570.3M
Total Stockholder Equity2.5B2.3B2.5B2.2B1.7B1.8B
Net Debt2.7B2.4B1.7B2.2B1.9B1.9B
Retained Earnings169.2M91.0M86.7M(73.0M)(488.9M)(464.4M)
Accounts Payable39.0M35.4M36.8M29.5M18.7M27.5M
Cash42.5M34.7M221.5M29.2M28.9M56.5M
Other Assets141.8M69.9M84.5M86.7M99.7M80.9M
Cash And Short Term Investments42.5M34.7M221.5M29.2M28.9M57.1M
Net Receivables7.7M18.8M15.5M18.3M30.7M20.7M
Common Stock Shares Outstanding142.4M136.6M130.0M118.5M111.3M103.1M
Liabilities And Stockholders Equity5.3B4.9B4.6B4.6B3.7B3.8B
Non Current Liabilities Total2.1B1.6B1.2B974.1M1.0B1.5B
Other Current Assets16.5M30.5M40.2M22.8M15.4M15.9M
Other Stockholder Equity175.0M49.3M68.7M87.8M150.7M162.2M
Total Liab2.9B2.5B2.1B2.3B2.0B2.0B
Total Current Assets320.5M173.6M340.1M406.1M646.8M679.2M
Common Stock1.8B1.8B1.9B1.8B1.6B1.5B
Property Plant And Equipment Net7.8M7.5M6.4M5.3M4.3M4.1M
Non Current Assets Total5.0B4.7B4.2B4.1B3.1B3.8B
Non Currrent Assets Other4.8B4.5B4.0B3.4B2.5B3.0B
Short Term Debt596.1M750.4M801.5M1.3B863.2M542.0M
Inventory236.5M89.5M62.9M335.8M571.8M600.3M
Accumulated Other Comprehensive Income33.3M147.2M145.8M256.6M224.3M235.5M
Current Deferred Revenue32.8M30.1M31.9M25.5M23.7M23.8M
Other Liab1M1.8M889K10.5M12.0M12.6M
Net Tangible Assets2.2B2.0B2.2B2.0B1.8B1.8B
Long Term Debt2.1B1.6B1.2B962.7M1.0B1.4B
Long Term Investments186.6M200.3M257.3M757.0M556.3M286.2M
Short Long Term Debt596.1M750.4M801.5M1.3B863.2M723.8M
Property Plant Equipment4.7B4.4B3.9B3.3B3.0B3.7B
Non Current Liabilities Other1M1.8M2.0M1.9M1.6M2.8M
Net Invested Capital4.9B4.4B4.1B4.2B3.4B3.6B
Net Working Capital(396.7M)(704.0M)(614.5M)(944.6M)(324.6M)(340.9M)
Capital Stock2.1B2.0B2.2B2.0B1.8B1.7B

Pair Trading with Artis Real

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 Artis Real 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 Artis Real will appreciate offsetting losses from the drop in the long position's value.

Moving against Artis Stock

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The ability to find closely correlated positions to Artis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artis Real 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 Artis Real - 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 Artis Real Estate to buy it.
The correlation of Artis Real 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 Artis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artis Real Estate 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 Artis Real 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 Artis Stock Analysis

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