Dividend Dividend Yield vs Pb Ratio Analysis

DGS Stock  CAD 7.18  0.09  1.27%   
Dividend Growth financial indicator trend analysis is much more than just examining Dividend Growth Split latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend Growth Split is a good investment. Please check the relationship between Dividend Growth Dividend Yield and its Pb Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Growth 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.

Dividend Yield vs Pb Ratio

Dividend Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Growth Split Dividend Yield account and Pb Ratio. At this time, the significance of the direction appears to have very week relationship.
The correlation between Dividend Growth's Dividend Yield and Pb Ratio is 0.26. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Dividend Growth Split, assuming nothing else is changed. The correlation between historical values of Dividend Growth's Dividend 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 Dividend Yield of Dividend Growth 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 Dividend Yield i.e., Dividend Growth's Dividend Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Dividend Yield

Dividend Yield is Dividend Growth Split dividend as a percentage of Dividend Growth stock price. Dividend Growth Split dividend yield is a measure of Dividend Growth stock productivity, which can be interpreted as interest rate earned on an Dividend Growth 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.

Pb Ratio

Most indicators from Dividend Growth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend Growth 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 Growth 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 Growth's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 13.74, while Tax Provision is likely to drop 0.00.

Dividend Growth fundamental ratios Correlations

0.10.150.950.420.881.00.920.840.62-0.55-0.630.370.220.980.48-0.920.220.940.960.970.660.380.850.880.9
0.11.0-0.070.070.360.090.320.150.21-0.12-0.110.40.440.160.76-0.040.44-0.090.170.06-0.3-0.350.310.230.05
0.151.0-0.030.090.40.140.360.20.24-0.14-0.130.410.440.210.77-0.090.44-0.050.220.11-0.26-0.320.360.270.11
0.95-0.07-0.030.410.840.960.850.720.61-0.56-0.620.330.280.890.33-0.880.280.990.860.920.760.280.720.740.81
0.420.070.090.410.40.420.280.410.35-0.3-0.750.130.20.50.24-0.50.20.460.430.420.150.180.380.360.34
0.880.360.40.840.40.870.90.70.57-0.5-0.570.570.510.840.65-0.80.510.830.840.860.61-0.010.820.770.78
1.00.090.140.960.420.870.920.840.62-0.55-0.630.360.220.970.48-0.920.220.940.960.970.660.390.850.870.9
0.920.320.360.850.280.90.920.770.59-0.64-0.620.50.370.90.63-0.820.370.830.890.890.510.190.820.80.82
0.840.150.20.720.410.70.840.770.68-0.46-0.610.190.020.930.5-0.920.010.760.930.890.460.590.860.830.89
0.620.210.240.610.350.570.620.590.68-0.43-0.53-0.180.240.660.53-0.690.240.650.640.650.40.270.730.650.55
-0.55-0.12-0.14-0.56-0.3-0.5-0.55-0.64-0.46-0.430.83-0.3-0.34-0.55-0.290.53-0.34-0.52-0.44-0.44-0.11-0.09-0.38-0.37-0.32
-0.63-0.11-0.13-0.62-0.75-0.57-0.63-0.62-0.61-0.530.83-0.25-0.31-0.69-0.340.67-0.3-0.63-0.59-0.59-0.2-0.23-0.52-0.5-0.47
0.370.40.410.330.130.570.360.50.19-0.18-0.3-0.250.670.330.44-0.250.670.280.30.290.04-0.460.210.160.22
0.220.440.440.280.20.510.220.370.020.24-0.34-0.310.670.170.52-0.11.00.250.110.14-0.07-0.740.170.05-0.08
0.980.160.210.890.50.840.970.90.930.66-0.55-0.690.330.170.54-0.950.170.90.980.970.570.460.890.890.92
0.480.760.770.330.240.650.480.630.50.53-0.29-0.340.440.520.54-0.440.520.330.550.470.05-0.170.730.630.45
-0.92-0.04-0.09-0.88-0.5-0.8-0.92-0.82-0.92-0.690.530.67-0.25-0.1-0.95-0.44-0.1-0.92-0.93-0.95-0.68-0.47-0.83-0.8-0.91
0.220.440.440.280.20.510.220.370.010.24-0.34-0.30.671.00.170.52-0.10.250.10.13-0.07-0.740.170.05-0.08
0.94-0.09-0.050.990.460.830.940.830.760.65-0.52-0.630.280.250.90.33-0.920.250.880.940.780.320.740.730.84
0.960.170.220.860.430.840.960.890.930.64-0.44-0.590.30.110.980.55-0.930.10.880.980.620.490.910.910.97
0.970.060.110.920.420.860.970.890.890.65-0.44-0.590.290.140.970.47-0.950.130.940.980.730.450.870.870.96
0.66-0.3-0.260.760.150.610.660.510.460.4-0.11-0.20.04-0.070.570.05-0.68-0.070.780.620.730.270.510.520.73
0.38-0.35-0.320.280.18-0.010.390.190.590.27-0.09-0.23-0.46-0.740.46-0.17-0.47-0.740.320.490.450.270.350.450.56
0.850.310.360.720.380.820.850.820.860.73-0.38-0.520.210.170.890.73-0.830.170.740.910.870.510.350.970.88
0.880.230.270.740.360.770.870.80.830.65-0.37-0.50.160.050.890.63-0.80.050.730.910.870.520.450.970.89
0.90.050.110.810.340.780.90.820.890.55-0.32-0.470.22-0.080.920.45-0.91-0.080.840.970.960.730.560.880.89
Click cells to compare fundamentals

Dividend Growth Account Relationship Matchups

Dividend Growth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets502.6M427.2M734.6M717.0M669.0M380.6M
Other Current Liab(5.0M)(1.5M)(6.7M)(7.1M)(6.5M)(6.1M)
Total Current Liabilities5.0M1.5M6.7M7.1M6.5M6.1M
Total Stockholder Equity170.3M121.5M286.0M228.1M225.7M137.6M
Accounts Payable5.0M1.5M6.7M7.1M6.5M3.8M
Non Current Assets Total499.5M420.8M729.2M711.6M664.3M376.6M
Net Receivables1.8M1.7M2.9M2.8M2.0M1.7M
Common Stock Shares Outstanding36.2M32.1M34.5M47.5M47.4M49.7M
Liabilities And Stockholders Equity502.6M427.2M734.6M717.0M669.0M380.6M
Non Current Liabilities Total327.3M304.1M441.7M7.1M436.2M458.1M
Other Current Assets28.6K41.3K13.9K62.7K122.9K151.9K
Total Liab5.0M1.5M6.7M488.9M6.5M6.1M
Total Current Assets3.1M6.4M5.4M5.3M4.5M4.3M
Net Debt326.0M299.3M439.3M478.7M433.7M314.3M
Cash1.2M4.7M2.5M2.5M2.5M3.0M
Non Currrent Assets Other(499.5M)(420.8M)(729.2M)(711.6M)(664.3M)(697.5M)
Cash And Short Term Investments1.2M4.7M2.5M2.5M2.5M2.4M
Common Stock170.3M121.5M286.0M228.1M225.7M183.9M
Short Long Term Debt Total327.3M304.1M441.7M481.2M436.2M346.1M
Short Term Investments499.5M420.8M729.2M711.6M664.3M542.8M
Net Tangible Assets170.3M121.5M286.0M228.1M262.3M201.9M
Other Assets28.6K41.3K13.9K62.7K122.9K129.0K
Long Term Investments499.5M420.8M729.2M711.6M664.3M627.2M

Pair Trading with Dividend Growth

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 Growth 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 Growth 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

  0.65VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Dividend Growth 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 Growth 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 Growth - 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 Growth Split to buy it.
The correlation of Dividend Growth 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 Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Growth 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 Growth 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 Growth Split at a specified time, usually calculated after every quarter, six months, or one year. Dividend Growth Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend Growth 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.