Dividend Free Cash Flow Yield vs Ev To Sales Analysis
| DS Stock | CAD 6.80 0.02 0.29% |
Dividend Select financial indicator trend analysis is much more than just examining Dividend Select 15 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend Select 15 is a good investment. Please check the relationship between Dividend Select Free Cash Flow Yield and its Ev To Sales accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Select 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Free Cash Flow Yield vs Ev To Sales
Free Cash Flow Yield vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Select 15 Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dividend Select's Free Cash Flow Yield and Ev To Sales is 0.15. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Dividend Select 15, assuming nothing else is changed. The correlation between historical values of Dividend Select's Free Cash Flow Yield 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 Free Cash Flow Yield of Dividend Select 15 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 Free Cash Flow Yield i.e., Dividend Select's Free Cash Flow Yield and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.15 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
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.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 Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend Select 15 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 Select 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Dividend Select's Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Enterprise Value is likely to grow to about 69.6 M, while Issuance Of Capital Stock is likely to drop about 2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 694.2K | 726.4K | 835.3K | 749.6K | Research Development | 0.27 | 0.38 | 0.34 | 0.32 |
Dividend Select fundamental ratios Correlations
Click cells to compare fundamentals
Dividend Select Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dividend Select fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 41.4M | 46.4M | 60.6M | 53.9M | 48.5M | 54.7M | |
| Other Current Liab | (317.0K) | (485.5K) | (1.9M) | (401.4K) | (461.6K) | (484.6K) | |
| Total Current Liabilities | 317.0K | 485.5K | 1.9M | 401.4K | 361.2K | 343.2K | |
| Total Stockholder Equity | 40.8M | 45.7M | 58.5M | 53.2M | 47.9M | 53.6M | |
| Net Debt | (3.1M) | (1.0M) | (8.2M) | (5.5M) | (6.3M) | (6.7M) | |
| Accounts Payable | 317.0K | 485.5K | 1.9M | 401.4K | 361.2K | 343.2K | |
| Cash | 3.1M | 1.0M | 8.2M | 5.5M | 5.0M | 4.2M | |
| Non Current Assets Total | 38.1M | 45.2M | 52.2M | 48.2M | 43.3M | 50.3M | |
| Non Currrent Assets Other | (38.1M) | (45.2M) | (52.2M) | (48.2M) | (55.4M) | (58.2M) | |
| Cash And Short Term Investments | 3.1M | 1.0M | 8.2M | 5.5M | 5.0M | 4.2M | |
| Net Receivables | 207.1K | 117.3K | 174.8K | 174.1K | 156.6K | 222.5K | |
| Common Stock Shares Outstanding | 9.7M | 8.4M | 6.7M | 6.1M | 5.5M | 6.5M | |
| Liabilities And Stockholders Equity | 41.4M | 46.4M | 60.6M | 53.9M | 48.5M | 54.7M | |
| Total Liab | 317.0K | 485.5K | 2.2M | 401.4K | 361.2K | 343.2K | |
| Total Current Assets | 3.3M | 1.1M | 8.4M | 5.7M | 5.1M | 4.4M | |
| Long Term Investments | 38.1M | 45.2M | 52.2M | 48.2M | 43.3M | 45.5M | |
| Short Term Investments | 38.1M | 45.2M | 52.2M | 48.2M | 55.4M | 52.5M | |
| Non Current Liabilities Total | 628.2K | 628.9K | 1.9M | 680.5K | 782.6K | 971.2K | |
| Inventory | 41.4M | 46.4M | 60.6M | 53.9M | 61.9M | 57.4M | |
| Other Current Assets | (41.4M) | (46.4M) | (60.6M) | (53.9M) | (48.5M) | (50.9M) |
Pair Trading with Dividend Select
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 Select 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 Select 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 Select 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 Select 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 Select - 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 Select 15 to buy it.
The correlation of Dividend Select 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 Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Select 15 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 Select 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 Select 15 at a specified time, usually calculated after every quarter, six months, or one year. Dividend Select Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend Select 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.