Fiera Pb Ratio vs Days Sales Outstanding Analysis

FSZ Stock  CAD 9.83  0.12  1.24%   
Fiera Capital financial indicator trend analysis is much more than just examining Fiera Capital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fiera Capital is a good investment. Please check the relationship between Fiera Capital Pb Ratio and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiera Capital. 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 Days Sales Outstanding

Pb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fiera Capital Pb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Fiera Capital's Pb Ratio and Days Sales Outstanding is -0.75. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Fiera Capital, assuming nothing else is changed. The correlation between historical values of Fiera Capital's Pb Ratio and Days Sales Outstanding 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 Fiera Capital are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Pb Ratio i.e., Fiera Capital's Pb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Pb Ratio

Days Sales Outstanding

Most indicators from Fiera Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fiera Capital 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 Fiera Capital. 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, Fiera Capital's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 1.5 M, while Tax Provision is likely to drop about 11 M.
 2021 2022 2023 2024 (projected)
Gross Profit385.5M425.3M616.6M647.4M
Total Revenue737.8M664.9M670.5M704.1M

Fiera Capital fundamental ratios Correlations

0.530.860.780.750.85-0.660.90.911.00.450.910.940.990.910.270.970.020.470.960.560.950.420.810.940.88
0.530.80.180.490.82-0.870.440.590.50.530.610.620.560.650.280.6-0.790.660.610.890.60.480.260.610.59
0.860.80.450.820.96-0.910.890.930.820.690.930.920.850.850.20.91-0.290.730.920.850.930.640.510.850.79
0.780.180.450.250.44-0.150.580.50.82-0.050.510.590.750.590.290.60.2-0.060.580.050.57-0.130.970.640.72
0.750.490.820.250.81-0.740.820.890.710.710.870.770.710.7-0.060.86-0.010.670.870.770.830.850.330.720.61
0.850.820.960.440.81-0.930.80.860.820.720.870.860.860.850.240.91-0.370.780.910.890.890.660.50.840.73
-0.66-0.87-0.91-0.15-0.74-0.93-0.68-0.77-0.61-0.82-0.77-0.76-0.69-0.77-0.19-0.780.5-0.89-0.8-0.94-0.79-0.74-0.2-0.75-0.59
0.90.440.890.580.820.8-0.680.940.870.590.930.920.850.790.110.90.170.530.920.570.940.520.620.820.76
0.910.590.930.50.890.86-0.770.940.870.611.00.970.880.880.210.95-0.050.590.960.720.970.630.560.880.82
1.00.50.820.820.710.82-0.610.870.870.390.880.910.980.890.280.950.040.420.940.520.920.380.850.930.86
0.450.530.69-0.050.710.72-0.820.590.610.390.610.560.470.580.090.6-0.280.760.610.760.650.77-0.070.530.45
0.910.610.930.510.870.87-0.770.931.00.880.610.970.890.890.290.95-0.080.590.960.730.970.610.560.880.82
0.940.620.920.590.770.86-0.760.920.970.910.560.970.940.940.320.95-0.10.570.960.660.980.50.620.940.87
0.990.560.850.750.710.86-0.690.850.880.980.470.890.940.950.360.96-0.040.520.960.580.940.440.760.970.85
0.910.650.850.590.70.85-0.770.790.880.890.580.890.940.950.420.93-0.220.60.930.670.930.520.570.980.86
0.270.280.20.29-0.060.24-0.190.110.210.280.090.290.320.360.420.23-0.290.090.220.150.22-0.070.220.30.27
0.970.60.910.60.860.91-0.780.90.950.950.60.950.950.960.930.23-0.060.621.00.690.970.60.650.940.82
0.02-0.79-0.290.2-0.01-0.370.50.17-0.050.04-0.28-0.08-0.1-0.04-0.22-0.29-0.06-0.34-0.06-0.61-0.06-0.20.17-0.13-0.2
0.470.660.73-0.060.670.78-0.890.530.590.420.760.590.570.520.60.090.62-0.340.630.820.590.77-0.010.580.27
0.960.610.920.580.870.91-0.80.920.960.940.610.960.960.960.930.221.0-0.060.630.710.980.610.620.950.83
0.560.890.850.050.770.89-0.940.570.720.520.760.730.660.580.670.150.69-0.610.820.710.680.790.130.620.54
0.950.60.930.570.830.89-0.790.940.970.920.650.970.980.940.930.220.97-0.060.590.980.680.560.610.940.87
0.420.480.64-0.130.850.66-0.740.520.630.380.770.610.50.440.52-0.070.6-0.20.770.610.790.56-0.090.50.33
0.810.260.510.970.330.5-0.20.620.560.85-0.070.560.620.760.570.220.650.17-0.010.620.130.61-0.090.640.72
0.940.610.850.640.720.84-0.750.820.880.930.530.880.940.970.980.30.94-0.130.580.950.620.940.50.640.87
0.880.590.790.720.610.73-0.590.760.820.860.450.820.870.850.860.270.82-0.20.270.830.540.870.330.720.87
Click cells to compare fundamentals

Fiera Capital Account Relationship Matchups

Fiera Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.5B1.5B1.3B1.3B842.5M
Other Current Liab76.2M43.9M64.9M58.4M135.5M142.3M
Total Current Liabilities270.7M222.3M300.0M225.9M228.7M240.1M
Total Stockholder Equity542.8M468.0M415.3M341.0M322.6M341.2M
Property Plant And Equipment Net152.7M117.4M104.0M90.9M69.1M36.5M
Net Debt682.1M682.6M607.0M684.1M665.1M698.4M
Retained Earnings(308.8M)(398.7M)(412.9M)(475.7M)(506.7M)(481.3M)
Accounts Payable176.1M159.6M217.2M140.3M70.5M73.2M
Cash96.2M68.9M102.6M62.2M67.4M35.1M
Non Current Assets Total1.4B1.2B1.1B1.1B1.0B694.2M
Non Currrent Assets Other8.3M42.3M31.9M23.8M22.2M23.3M
Cash And Short Term Investments98.9M72.4M112.0M68.2M77.0M43.7M
Net Receivables177.0M146.0M216.5M146.7M173.6M87.6M
Good Will687.9M645.4M641.3M651.0M647.4M379.7M
Common Stock Shares Outstanding99.0M104.1M116.5M104.2M131.8M68.8M
Short Term Investments2.7M3.5M9.4M6.0M9.6M6.3M
Liabilities And Stockholders Equity1.7B1.5B1.5B1.3B1.3B842.5M
Non Current Liabilities Total892.4M815.5M754.0M756.6M732.0M384.9M
Other Current Assets16.8M17.3M16.4M35.3M(250.6M)(238.1M)
Other Stockholder Equity334.1M430.1M433.7M968.0M529.3M555.8M
Total Liab1.2B1.0B1.1B982.5M960.7M499.0M
Property Plant And Equipment Gross152.7M117.4M130.7M122.5M182.8M192.0M
Total Current Assets300.8M314.2M349.3M250.3M267.9M148.4M
Accumulated Other Comprehensive Income15.8M5.8M(27.7M)(16.7M)(22.7M)(21.5M)
Short Term Debt16.6M15.6M14.3M16.0M13.1M10.4M
Intangible Assets516.9M338.7M293.3M260.1M223.5M277.6M
Common Stock810.5M829.6M835.1M341.0M829.4M551.4M
Short Long Term Debt Total778.4M751.4M709.5M746.3M732.5M460.2M
Current Deferred Revenue1.8M3.3M3.6M11.2M9.6M10.1M
Inventory36.7M8.1M78.5M4.5M(2.5M)0.95
Other Liab127.1M68.2M58.7M26.2M23.6M22.4M
Net Tangible Assets(662.0M)(516.1M)(519.3M)(570.0M)(513.0M)(538.6M)
Other Assets31.3M(70K)63.1M56.0M64.4M67.6M
Long Term Debt632.5M735.8M603.7M651.6M654.9M529.4M
Long Term Investments16.8M16.3M21.1M21.2M29.6M31.1M
Short Long Term Debt1.4M388K16.6M15.6M14.1M13.4M
Property Plant Equipment152.7M117.4M104.0M90.9M104.5M60.0M
Long Term Debt Total761.7M735.8M695.3M730.3M839.9M616.9M

Pair Trading with Fiera Capital

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 Fiera Capital 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 Fiera Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fiera Stock

  0.67ASM Avino Silver GoldPairCorr

Moving against Fiera Stock

  0.76VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Fiera Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiera Capital 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 Fiera Capital - 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 Fiera Capital to buy it.
The correlation of Fiera Capital 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 Fiera Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiera Capital 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 Fiera Capital 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 Fiera Stock

Balance Sheet is a snapshot of the financial position of Fiera Capital at a specified time, usually calculated after every quarter, six months, or one year. Fiera Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fiera Capital 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 Fiera currently owns. An asset can also be divided into two categories, current and non-current.