Dividend Short Term Investments vs Cash 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 Short Term Investments and its Cash 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.
Short Term Investments vs Cash
Short Term Investments vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Select 15 Short Term Investments account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dividend Select's Short Term Investments and Cash is 0.44. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash 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 Short Term Investments and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Dividend Select 15 are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Short Term Investments i.e., Dividend Select's Short Term Investments and Cash go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of Dividend Select balance sheet. It contains any investments Dividend Select 15 undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Dividend Select 15 can easily liquidate in the marketplace.Cash
Cash refers to the most liquid asset of Dividend Select 15, which is listed under current asset account on Dividend Select 15 balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Dividend Select customers. The amounts must be unrestricted with restricted cash listed in a different Dividend Select account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.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.