Dividend Free Cash Flow Yield vs Pb Ratio Analysis

DFN Stock

CAD 6.69 0.02 0.30%

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 Free Cash Flow Yield and its Pb 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.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend 15 Split Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Dividend's Free Cash Flow Yield and Pb Ratio is -0.64. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb 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 Free Cash Flow Yield and Pb 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 Free Cash Flow Yield of Dividend 15 Split are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Dividend's Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Pb Ratio

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 28th 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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Investments	Short Term Debt	Non Currrent Assets Other	Common Stock Total Equity	Common Stock	Short Long Term Debt Total	Net Tangible Assets	Current Deferred Revenue	Long Term Investments	Short Long Term Debt
Total Assets		0.19	0.78	0.97	0.99	-0.01	0.9	0.97	1.0	0.97	0.58	0.97	-0.12	0.82	0.81	0.97	0.9	0.99	-0.92	0.55	0.86	0.99	0.87	-0.97	0.91	0.75
Other Current Liab	0.19		0.73	-0.01	0.2	0.14	0.5	0.31	0.16	0.31	0.42	0.38	0.4	-0.07	0.49	0.31	0.03	0.31	0.07	-0.23	-0.14	0.28	0.06	-0.16	0.09	-0.15
Total Current Liabilities	0.78	0.73		0.62	0.78	0.03	0.94	0.85	0.76	0.85	0.61	0.89	0.15	0.51	0.87	0.85	0.59	0.84	-0.57	0.28	0.45	0.83	0.57	-0.72	0.63	0.4
Total Stockholder Equity	0.97	-0.01	0.62		0.95	0.01	0.77	0.89	0.98	0.89	0.51	0.88	-0.24	0.83	0.69	0.89	0.9	0.92	-0.94	0.59	0.92	0.93	0.89	-0.93	0.91	0.77
Net Debt	0.99	0.2	0.78	0.95		0.01	0.89	0.94	0.99	0.94	0.57	0.97	-0.22	0.85	0.79	0.95	0.88	0.97	-0.92	0.6	0.83	0.98	0.83	-0.95	0.89	0.77
Retained Earnings	-0.01	0.14	0.03	0.01	0.01		-0.07	-0.02	0.0	-0.02	0.6	-0.05	-0.23	0.14	-0.01	-0.01	-0.11	0.02	0.22	-0.12	0.0	0.02	0.02	-0.02	0.02	0.01
Accounts Payable	0.9	0.5	0.94	0.77	0.89	-0.07		0.95	0.87	0.95	0.55	0.95	0.04	0.62	0.89	0.95	0.75	0.93	-0.74	0.36	0.63	0.92	0.71	-0.85	0.76	0.54
Cash	0.97	0.31	0.85	0.89	0.94	-0.02	0.95		0.95	1.0	0.57	0.96	0.0	0.72	0.89	1.0	0.85	0.98	-0.84	0.43	0.77	0.98	0.82	-0.94	0.87	0.64
Non Current Assets Total	1.0	0.16	0.76	0.98	0.99	0.0	0.87	0.95		0.95	0.57	0.96	-0.15	0.84	0.78	0.95	0.9	0.98	-0.93	0.57	0.87	0.99	0.87	-0.97	0.91	0.76
Cash And Short Term Investments	0.97	0.31	0.85	0.89	0.94	-0.02	0.95	1.0	0.95		0.57	0.96	0.0	0.72	0.89	1.0	0.85	0.98	-0.84	0.43	0.77	0.98	0.82	-0.94	0.87	0.64
Net Receivables	0.58	0.42	0.61	0.51	0.57	0.6	0.55	0.57	0.57	0.57		0.59	0.09	0.52	0.54	0.58	0.42	0.63	-0.33	0.08	0.42	0.63	0.49	-0.59	0.53	0.48
Common Stock Shares Outstanding	0.97	0.38	0.89	0.88	0.97	-0.05	0.95	0.96	0.96	0.96	0.59		-0.06	0.78	0.85	0.96	0.84	0.98	-0.86	0.52	0.74	0.98	0.79	-0.92	0.85	0.7
Non Current Liabilities Total	-0.12	0.4	0.15	-0.24	-0.22	-0.23	0.04	0.0	-0.15	0.0	0.09	-0.06		-0.34	0.05	0.0	-0.12	-0.01	0.27	-0.58	-0.2	-0.05	-0.05	0.06	-0.08	-0.31
Other Stockholder Equity	0.82	-0.07	0.51	0.83	0.85	0.14	0.62	0.72	0.84	0.72	0.52	0.78	-0.34		0.53	0.72	0.73	0.78	-0.81	0.68	0.72	0.8	0.68	-0.79	0.75	0.89
Total Liab	0.81	0.49	0.87	0.69	0.79	-0.01	0.89	0.89	0.78	0.89	0.54	0.85	0.05	0.53		0.89	0.64	0.84	-0.64	0.35	0.54	0.84	0.63	-0.76	0.67	0.43
Total Current Assets	0.97	0.31	0.85	0.89	0.95	-0.01	0.95	1.0	0.95	1.0	0.58	0.96	0.0	0.72	0.89		0.85	0.98	-0.84	0.43	0.77	0.98	0.82	-0.94	0.87	0.64
Short Term Investments	0.9	0.03	0.59	0.9	0.88	-0.11	0.75	0.85	0.9	0.85	0.42	0.84	-0.12	0.73	0.64	0.85		0.87	-0.93	0.63	0.96	0.88	0.98	-0.93	0.99	0.83
Short Term Debt	0.99	0.31	0.84	0.92	0.97	0.02	0.93	0.98	0.98	0.98	0.63	0.98	-0.01	0.78	0.84	0.98	0.87		-0.87	0.46	0.81	1.0	0.85	-0.97	0.9	0.7
Non Currrent Assets Other	-0.92	0.07	-0.57	-0.94	-0.92	0.22	-0.74	-0.84	-0.93	-0.84	-0.33	-0.86	0.27	-0.81	-0.64	-0.84	-0.93	-0.87		-0.69	-0.9	-0.88	-0.86	0.92	-0.9	-0.81
Common Stock Total Equity	0.55	-0.23	0.28	0.59	0.6	-0.12	0.36	0.43	0.57	0.43	0.08	0.52	-0.58	0.68	0.35	0.43	0.63	0.46	-0.69		0.62	0.49	0.54	-0.49	0.58	0.73
Common Stock	0.86	-0.14	0.45	0.92	0.83	0.0	0.63	0.77	0.87	0.77	0.42	0.74	-0.2	0.72	0.54	0.77	0.96	0.81	-0.9	0.62		0.82	0.97	-0.89	0.96	0.8
Short Long Term Debt Total	0.99	0.28	0.83	0.93	0.98	0.02	0.92	0.98	0.99	0.98	0.63	0.98	-0.05	0.8	0.84	0.98	0.88	1.0	-0.88	0.49	0.82		0.85	-0.97	0.9	0.72
Net Tangible Assets	0.87	0.06	0.57	0.89	0.83	0.02	0.71	0.82	0.87	0.82	0.49	0.79	-0.05	0.68	0.63	0.82	0.98	0.85	-0.86	0.54	0.97	0.85		-0.91	0.99	0.77
Current Deferred Revenue	-0.97	-0.16	-0.72	-0.93	-0.95	-0.02	-0.85	-0.94	-0.97	-0.94	-0.59	-0.92	0.06	-0.79	-0.76	-0.94	-0.93	-0.97	0.92	-0.49	-0.89	-0.97	-0.91		-0.95	-0.77
Long Term Investments	0.91	0.09	0.63	0.91	0.89	0.02	0.76	0.87	0.91	0.87	0.53	0.85	-0.08	0.75	0.67	0.87	0.99	0.9	-0.9	0.58	0.96	0.9	0.99	-0.95		0.82
Short Long Term Debt	0.75	-0.15	0.4	0.77	0.77	0.01	0.54	0.64	0.76	0.64	0.48	0.7	-0.31	0.89	0.43	0.64	0.83	0.7	-0.81	0.73	0.8	0.72	0.77	-0.77	0.82

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Dividend Account Relationship Matchups

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)	12.7M	11.5M	12.0M
Total Current Liabilities	9.9M	13.3M	24.3M	1.2B	1.4B	1.5B
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	1.2B	1.4B	1.5B
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

0.76	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.91	RY	Royal Bank Earnings Call This Week	Pair Corr
0.79	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.76	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr

Moving against Dividend Stock

0.42

Toronto Dominion Bank Earnings Call This Week

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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Dividend Free Cash Flow Yield vs Pb Ratio Analysis

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Pb Ratio

Dividend fundamental ratios Correlations

Dividend Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dividend fundamental ratios Accounts

Pair Trading with Dividend

Moving together with Dividend Stock

Moving against Dividend Stock

Other Information on Investing in Dividend Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash
Total Current Assets	+ 1.0	Cash And Short Term Investments
Short Long Term Debt Total	+ 1.0	Short Term Debt
Net Debt	+ 0.99	Total Assets

Current Deferred Revenue	- 0.97	Short Long Term Debt Total
Current Deferred Revenue	- 0.97	Short Term Debt
Current Deferred Revenue	- 0.97	Non Current Assets Total
Current Deferred Revenue	- 0.97	Total Assets
Long Term Investments	- 0.95	Current Deferred Revenue
Current Deferred Revenue	- 0.95	Net Debt