Dividend Ev To Sales vs Price To Sales Ratio Analysis
DFN Stock | CAD 6.52 0.10 1.56% |
Dividend financial indicator trend analysis is much more than just examining Dividend 15 Split latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend 15 Split is a good investment. Please check the relationship between Dividend Ev To Sales and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend 15 Split. 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 Price To Sales Ratio
Ev To Sales vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend 15 Split Ev To Sales account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dividend's Ev To Sales and Price To Sales Ratio is 0.97. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Dividend 15 Split, assuming nothing else is changed. The correlation between historical values of Dividend's Ev To Sales 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 Ev To Sales of Dividend 15 Split 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 Ev To Sales i.e., Dividend's Ev To Sales and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Price To Sales Ratio
Price to Sales Ratio is figured by comparing Dividend 15 Split stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dividend sales, a figure that is much harder to manipulate than other Dividend 15 Split 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 Dividend's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend 15 Split 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend 15 Split. 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. At this time, Dividend's Selling General Administrative is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 1.3 B, while Issuance Of Capital Stock is likely to drop about 269.1 M.
Dividend fundamental ratios Correlations
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Dividend Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dividend fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 906.1M | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Other Current Liab | (9.9M) | (13.3M) | (24.3M) | (42.2M) | (38.0M) | (36.1M) | |
Total Current Liabilities | 9.9M | 13.3M | 24.3M | 42.2M | 48.5M | 50.9M | |
Total Stockholder Equity | 314.4M | 661.3M | 654.5M | 554.6M | 637.8M | 669.7M | |
Net Debt | 471.4M | 760.3M | 764.1M | 898.8M | 1.0B | 1.1B | |
Accounts Payable | 9.9M | 13.3M | 24.3M | 42.2M | 48.5M | 50.9M | |
Cash | 105.2M | 150.6M | 286.4M | 295.4M | 339.7M | 356.7M | |
Non Current Assets Total | 798.2M | 1.4B | 1.4B | 1.5B | 1.7B | 1.8B | |
Cash And Short Term Investments | 105.2M | 150.6M | 286.4M | 295.4M | 339.7M | 356.7M | |
Net Receivables | 2.7M | 4.2M | 4.3M | 6.1M | 7.0M | 7.4M | |
Common Stock Shares Outstanding | 49.3M | 54.6M | 74.7M | 116.9M | 134.5M | 141.2M | |
Liabilities And Stockholders Equity | 906.1M | 1.6B | 1.7B | 1.8B | 2.1B | 2.2B | |
Non Current Liabilities Total | 15.1M | 16.1M | 24.3M | 48.2M | 43.4M | 47.6M | |
Total Liab | 9.9M | 13.3M | 1.1B | 42.2M | 48.5M | 46.1M | |
Total Current Assets | 107.9M | 154.8M | 290.7M | 301.5M | 346.7M | 364.0M | |
Short Term Investments | 798.2M | 1.4B | 1.4B | 1.5B | 1.7B | 968.4M | |
Short Term Debt | 576.6M | 910.9M | 1.1B | 1.2B | 1.4B | 1.4B | |
Non Currrent Assets Other | (798.2M) | (1.4B) | (1.4B) | (1.5B) | (1.3B) | (1.3B) | |
Common Stock | 314.4M | 661.3M | 654.5M | 554.6M | 637.8M | 407.5M | |
Short Long Term Debt Total | 576.6M | 910.9M | 1.1B | 1.2B | 1.4B | 1.4B | |
Net Tangible Assets | 428.6M | 314.4M | 661.3M | 654.5M | 752.6M | 437.5M | |
Current Deferred Revenue | (566.7M) | (897.6M) | (1.0B) | (1.2B) | (1.0B) | (984.9M) | |
Long Term Investments | 798.2M | 1.4B | 1.4B | 1.5B | 1.7B | 1.0B |
Pair Trading with Dividend
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 Dividend 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 Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Dividend Stock
Moving against Dividend Stock
The ability to find closely correlated positions to Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend 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 Dividend - 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 Dividend 15 Split to buy it.
The correlation of Dividend 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 Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend 15 Split 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 Dividend 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 Dividend Stock
Balance Sheet is a snapshot of the financial position of Dividend 15 Split at a specified time, usually calculated after every quarter, six months, or one year. Dividend Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend 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 Dividend currently owns. An asset can also be divided into two categories, current and non-current.