Boardwalk Dividend Yield vs Price To Sales Ratio Analysis
BEI-UN Stock | CAD 71.95 1.84 2.62% |
Boardwalk Real financial indicator trend analysis is way more than just evaluating Boardwalk Real Estate prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boardwalk Real Estate is a good investment. Please check the relationship between Boardwalk Real Dividend Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boardwalk 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 employment.
Dividend Yield vs Price To Sales Ratio
Dividend Yield vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boardwalk Real Estate Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Boardwalk Real's Dividend Yield and Price To Sales Ratio is -0.3. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Boardwalk Real Estate, assuming nothing else is changed. The correlation between historical values of Boardwalk Real's Dividend Yield and Price To Sales Ratio 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 Boardwalk Real Estate are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Boardwalk Real's Dividend Yield and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Dividend Yield
Dividend Yield is Boardwalk Real Estate dividend as a percentage of Boardwalk Real stock price. Boardwalk Real Estate dividend yield is a measure of Boardwalk Real stock productivity, which can be interpreted as interest rate earned on an Boardwalk Real 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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Boardwalk Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Boardwalk Real sales, a figure that is much harder to manipulate than other Boardwalk Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Boardwalk Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boardwalk 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 Boardwalk 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 employment. At present, Boardwalk Real's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 6.6 B, whereas Selling General Administrative is forecasted to decline to about 26.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 78.7M | 85.1M | 98.8M | 86.9M | Depreciation And Amortization | 338.7M | 229.4M | 369.5M | 388.0M |
Boardwalk Real fundamental ratios Correlations
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Boardwalk Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Boardwalk Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Short Long Term Debt Total | 2.9B | 3.0B | 3.1B | 3.3B | 3.4B | 1.8B | |
Total Current Liabilities | 453.0M | 540.8M | 606.1M | 584.9M | 600.5M | 513.9M | |
Total Stockholder Equity | 3.1B | 2.9B | 3.3B | 3.5B | 4.3B | 4.5B | |
Property Plant And Equipment Net | 36.3M | 32.2M | 29.9M | 31.4M | 30.6M | 29.1M | |
Net Debt | 2.8B | 2.9B | 3.0B | 3.2B | 3.1B | 1.6B | |
Retained Earnings | 2.9B | 2.7B | 3.0B | 3.3B | 3.9B | 4.1B | |
Non Currrent Assets Other | 6.1B | 6.0B | 6.5B | 6.9B | 7.7B | 8.1B | |
Other Assets | 3.5M | 4.6M | 1.2M | 859K | 773.1K | 734.4K | |
Common Stock Shares Outstanding | 46.4M | 51.0M | 46.5M | 50.4M | 45.8M | 52.3M | |
Liabilities And Stockholders Equity | 6.3B | 6.1B | 6.7B | 7.1B | 8.1B | 8.5B | |
Non Current Liabilities Total | 2.7B | 2.7B | 2.8B | 3.0B | 3.2B | 1.7B | |
Other Stockholder Equity | (6.0B) | (5.6B) | (6.3B) | (6.7B) | (8.2B) | (7.8B) | |
Total Liab | 3.2B | 3.2B | 3.4B | 3.6B | 3.8B | 2.2B | |
Short Term Debt | 378.3M | 469.1M | 532.5M | 508.3M | 503.4M | 341.6M | |
Non Current Assets Total | 6.2B | 6.0B | 6.6B | 7.0B | 7.8B | 4.6B | |
Cash | 35.2M | 53.0M | 64.3M | 52.8M | 331.2M | 347.8M | |
Cash And Short Term Investments | 35.2M | 53.0M | 64.3M | 52.8M | 331.2M | 347.8M | |
Total Current Assets | 61.9M | 85.0M | 93.5M | 90.1M | 368.5M | 387.0M | |
Net Receivables | 4.4M | 11.8M | 6.9M | 5.0M | 4.9M | 8.2M | |
Common Stock | 200.3M | 202.5M | 214.7M | 211.9M | 452.0M | 253.8M | |
Other Current Liab | 11.0M | 10.6M | 12.0M | 14.1M | 9.0M | 8.6M | |
Other Current Assets | (34K) | 13.8M | 14.3M | 24.6M | 15.7M | 14.3M | |
Accumulated Other Comprehensive Income | 3.1B | 2.9B | 3.3B | 3.5B | 4.3B | 4.5B | |
Current Deferred Revenue | 11.2M | 11.2M | 11.5M | 12.7M | 14.1M | 13.4M | |
Accounts Payable | 52.5M | 49.9M | 50.1M | 49.8M | 74.1M | 61.3M | |
Inventory | 8.3M | 6.4M | 8.0M | 7.8M | 6.9M | 7.3M | |
Other Liab | 7.7M | 6.8M | 8.8M | 7.9M | 7.1M | 6.8M | |
Net Tangible Assets | 3.1B | 2.9B | 3.3B | 3.5B | 3.1B | 2.5B | |
Long Term Debt | 2.4B | 2.5B | 2.5B | 2.7B | 2.8B | 2.5B | |
Short Long Term Debt | 374.7M | 465.3M | 528.6M | 505.0M | 500.4M | 479.9M | |
Property Plant Equipment | 6.2B | 6.0B | 6.5B | 6.9B | 8.0B | 6.6B | |
Good Will | 751K | 825K | 933K | 859K | 782K | 612.2K | |
Long Term Investments | 27.2M | 37.0M | 43.1M | 44.2M | 39.8M | 37.8M | |
Non Current Liabilities Other | 205.5M | 151.0M | 245.4M | 221.2M | 319.2M | 236.8M | |
Net Invested Capital | 5.9B | 5.8B | 6.3B | 6.7B | 7.6B | 6.9B | |
Net Working Capital | (391.1M) | (455.8M) | (512.7M) | (494.8M) | (232.0M) | (243.6M) | |
Capital Stock | 200.3M | 202.5M | 214.7M | 211.9M | 452.0M | 271.1M |
Pair Trading with Boardwalk 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 Boardwalk 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 Boardwalk Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Boardwalk Stock
Moving against Boardwalk Stock
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The ability to find closely correlated positions to Boardwalk 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 Boardwalk 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 Boardwalk 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 Boardwalk Real Estate to buy it.
The correlation of Boardwalk 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 Boardwalk Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boardwalk 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 Boardwalk 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.Other Information on Investing in Boardwalk Stock
Balance Sheet is a snapshot of the financial position of Boardwalk Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Boardwalk Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Boardwalk Real and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Boardwalk currently owns. An asset can also be divided into two categories, current and non-current.