Centerspace Historical Financial Ratios
| CSR Stock | USD 72.50 0.77 1.05% |
Centerspace is presently reporting on over 81 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0613, PTB Ratio of 1.72 or Days Sales Outstanding of 20.31 will help investors to properly organize and evaluate Centerspace financial condition quickly.
Centerspace |
About Centerspace Financial Ratios Analysis
CenterspaceFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Centerspace investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Centerspace financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Centerspace history.
Centerspace Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Centerspace stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Centerspace sales, a figure that is much harder to manipulate than other Centerspace 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.Dividend Yield
Dividend Yield is Centerspace dividend as a percentage of Centerspace stock price. Centerspace dividend yield is a measure of Centerspace stock productivity, which can be interpreted as interest rate earned on an Centerspace 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.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Most ratios from Centerspace's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Centerspace current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Centerspace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in Centerspace Stock, please use our How to Invest in Centerspace guide.At this time, Centerspace's PB Ratio is relatively stable compared to the past year. As of 11/30/2024, Free Cash Flow Per Share is likely to grow to 6.27, while Capex To Depreciation is likely to drop 0.58.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0298 | 0.0577 | 0.0582 | 0.0613 | Price To Sales Ratio | 7.59 | 3.48 | 3.34 | 2.89 |
Centerspace fundamentals Correlations
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Centerspace Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Centerspace
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 Centerspace 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 Centerspace will appreciate offsetting losses from the drop in the long position's value.Moving against Centerspace Stock
| 0.5 | ESBA | Empire State Realty | PairCorr |
| 0.35 | WY | Weyerhaeuser Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.35 | FISK | Empire State Realty | PairCorr |
The ability to find closely correlated positions to Centerspace could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerspace 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 Centerspace - 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 Centerspace to buy it.
The correlation of Centerspace 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 Centerspace moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerspace 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 Centerspace 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.Additional Tools for Centerspace Stock Analysis
When running Centerspace's price analysis, check to measure Centerspace'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 Centerspace is operating at the current time. Most of Centerspace's value examination focuses on studying past and present price action to predict the probability of Centerspace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centerspace's price. Additionally, you may evaluate how the addition of Centerspace to your portfolios can decrease your overall portfolio volatility.