Dividend Pb Ratio vs Ev To Sales 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 Pb Ratio and its Ev To Sales 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.

Pb Ratio vs Ev To Sales

Pb Ratio vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend 15 Split Pb Ratio account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dividend's Pb Ratio and Ev To Sales is 0.14. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Ev To Sales 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 Pb Ratio and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Dividend 15 Split are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Pb Ratio i.e., Dividend's Pb Ratio and Ev To Sales go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Pb Ratio

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.
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

-0.90.880.970.99-0.010.90.971.00.970.580.97-0.120.81-0.020.970.90.99-0.920.550.860.990.87-0.970.910.75
-0.9-0.93-0.82-0.910.05-0.96-0.93-0.89-0.93-0.48-0.930.2-0.680.09-0.93-0.81-0.90.84-0.51-0.72-0.9-0.760.88-0.81-0.64
0.88-0.930.760.870.010.990.950.860.950.610.940.080.6-0.190.950.720.93-0.70.310.610.920.71-0.840.750.51
0.97-0.820.760.950.010.790.890.980.890.510.88-0.240.820.080.890.90.92-0.940.590.920.930.89-0.930.910.77
0.99-0.910.870.950.010.90.940.990.940.570.97-0.220.84-0.060.950.880.97-0.920.60.830.980.83-0.950.890.77
-0.010.050.010.010.01-0.01-0.020.0-0.020.6-0.05-0.230.14-0.08-0.01-0.110.020.22-0.120.00.020.02-0.020.020.01
0.9-0.960.990.790.9-0.010.950.880.950.570.95-0.030.65-0.170.950.750.93-0.750.390.640.930.72-0.850.770.56
0.97-0.930.950.890.94-0.020.950.951.00.570.960.00.710.021.00.850.98-0.840.430.770.980.82-0.940.870.64
1.0-0.890.860.980.990.00.880.950.950.570.96-0.150.83-0.020.950.90.98-0.930.570.870.990.87-0.970.910.76
0.97-0.930.950.890.94-0.020.951.00.950.570.960.00.710.021.00.850.98-0.840.430.770.980.82-0.940.870.64
0.58-0.480.610.510.570.60.570.570.570.570.590.090.52-0.170.580.420.63-0.330.080.420.630.49-0.590.530.48
0.97-0.930.940.880.97-0.050.950.960.960.960.59-0.060.78-0.170.960.840.98-0.860.520.740.980.79-0.920.850.7
-0.120.20.08-0.24-0.22-0.23-0.030.0-0.150.00.09-0.06-0.33-0.20.0-0.12-0.010.27-0.58-0.2-0.05-0.050.06-0.08-0.31
0.81-0.680.60.820.840.140.650.710.830.710.520.78-0.33-0.020.710.730.77-0.80.660.720.790.67-0.790.750.89
-0.020.09-0.190.08-0.06-0.08-0.170.02-0.020.02-0.17-0.17-0.2-0.020.010.05-0.07-0.090.120.15-0.060.05-0.010.020.02
0.97-0.930.950.890.95-0.010.951.00.951.00.580.960.00.710.010.850.98-0.840.430.770.980.82-0.940.870.64
0.9-0.810.720.90.88-0.110.750.850.90.850.420.84-0.120.730.050.850.87-0.930.630.960.880.98-0.930.990.83
0.99-0.90.930.920.970.020.930.980.980.980.630.98-0.010.77-0.070.980.87-0.870.460.811.00.85-0.970.90.7
-0.920.84-0.7-0.94-0.920.22-0.75-0.84-0.93-0.84-0.33-0.860.27-0.8-0.09-0.84-0.93-0.87-0.69-0.9-0.88-0.860.92-0.9-0.81
0.55-0.510.310.590.6-0.120.390.430.570.430.080.52-0.580.660.120.430.630.46-0.690.620.490.54-0.490.580.73
0.86-0.720.610.920.830.00.640.770.870.770.420.74-0.20.720.150.770.960.81-0.90.620.820.97-0.890.960.8
0.99-0.90.920.930.980.020.930.980.990.980.630.98-0.050.79-0.060.980.881.0-0.880.490.820.85-0.970.90.72
0.87-0.760.710.890.830.020.720.820.870.820.490.79-0.050.670.050.820.980.85-0.860.540.970.85-0.910.990.77
-0.970.88-0.84-0.93-0.95-0.02-0.85-0.94-0.97-0.94-0.59-0.920.06-0.79-0.01-0.94-0.93-0.970.92-0.49-0.89-0.97-0.91-0.95-0.77
0.91-0.810.750.910.890.020.770.870.910.870.530.85-0.080.750.020.870.990.9-0.90.580.960.90.99-0.950.82
0.75-0.640.510.770.770.010.560.640.760.640.480.7-0.310.890.020.640.830.7-0.810.730.80.720.77-0.770.82
Click cells to compare fundamentals

Dividend Account Relationship Matchups

Dividend fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets906.1M1.6B1.7B1.8B2.1B2.2B
Other Current Liab(9.9M)(13.3M)(24.3M)(42.2M)(38.0M)(36.1M)
Total Current Liabilities9.9M13.3M24.3M42.2M48.5M50.9M
Total Stockholder Equity314.4M661.3M654.5M554.6M637.8M669.7M
Net Debt471.4M760.3M764.1M898.8M1.0B1.1B
Accounts Payable9.9M13.3M24.3M42.2M48.5M50.9M
Cash105.2M150.6M286.4M295.4M339.7M356.7M
Non Current Assets Total798.2M1.4B1.4B1.5B1.7B1.8B
Cash And Short Term Investments105.2M150.6M286.4M295.4M339.7M356.7M
Net Receivables2.7M4.2M4.3M6.1M7.0M7.4M
Common Stock Shares Outstanding49.3M54.6M74.7M116.9M134.5M141.2M
Liabilities And Stockholders Equity906.1M1.6B1.7B1.8B2.1B2.2B
Non Current Liabilities Total15.1M16.1M24.3M48.2M43.4M47.6M
Total Liab9.9M13.3M1.1B42.2M48.5M46.1M
Total Current Assets107.9M154.8M290.7M301.5M346.7M364.0M
Short Term Investments798.2M1.4B1.4B1.5B1.7B968.4M
Short Term Debt576.6M910.9M1.1B1.2B1.4B1.4B
Non Currrent Assets Other(798.2M)(1.4B)(1.4B)(1.5B)(1.3B)(1.3B)
Common Stock314.4M661.3M654.5M554.6M637.8M407.5M
Short Long Term Debt Total576.6M910.9M1.1B1.2B1.4B1.4B
Net Tangible Assets428.6M314.4M661.3M654.5M752.6M437.5M
Current Deferred Revenue(566.7M)(897.6M)(1.0B)(1.2B)(1.0B)(984.9M)
Long Term Investments798.2M1.4B1.4B1.5B1.7B1.0B

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

  0.76ASM Avino Silver GoldPairCorr

Moving against Dividend Stock

  0.63VCM Vecima NetworksPairCorr
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 CorrelationCorrelation 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.