HR-UN Days Sales Outstanding vs Dividend Yield Analysis
HR-UN Stock | CAD 10.00 0.19 1.94% |
HR Real financial indicator trend analysis is much more than just examining HR Real Estate latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HR Real Estate is a good investment. Please check the relationship between HR Real Days Sales Outstanding and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Real Estate. 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.
Days Sales Outstanding vs Dividend Yield
Days Sales Outstanding vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HR Real Estate Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have almost no relationship.
The correlation between HR Real's Days Sales Outstanding and Dividend Yield is 0.19. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of HR Real Estate, assuming nothing else is changed. The correlation between historical values of HR Real's Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of HR Real Estate are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., HR Real's Days Sales Outstanding and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Days Sales Outstanding
Dividend Yield
Dividend Yield is HR Real Estate dividend as a percentage of HR Real stock price. HR Real Estate dividend yield is a measure of HR Real stock productivity, which can be interpreted as interest rate earned on an HR Real 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.Most indicators from HR Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HR Real Estate 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Real Estate. 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. Issuance Of Capital Stock is likely to gain to about 7.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 16 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 661.6M | 534.9M | 546.6M | 492.4M | Total Revenue | 1.1B | 834.6M | 847.1M | 737.3M |
HR Real fundamental ratios Correlations
Click cells to compare fundamentals
HR Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HR Real fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.5B | 13.4B | 10.5B | 11.4B | 10.8B | 8.1B | |
Short Long Term Debt Total | 6.4B | 6.4B | 3.9B | 4.0B | 3.7B | 4.0B | |
Total Stockholder Equity | 7.0B | 6.1B | 4.8B | 5.5B | 5.2B | 3.5B | |
Property Plant And Equipment Net | 12.0B | 11.2B | 8.6B | 8.8B | 7.8B | 7.0B | |
Net Debt | 6.4B | 6.3B | 3.8B | 3.9B | 3.7B | 3.9B | |
Cash | 48.6M | 62.9M | 124.1M | 76.9M | 64.1M | 50.4M | |
Non Current Assets Total | 13.7B | 12.7B | 10.1B | 10.7B | 10.1B | 7.8B | |
Non Currrent Assets Other | 651.1M | 576.8M | 507.4M | 850.4M | 8.9B | 9.3B | |
Other Assets | 1.2B | 845.0M | 698.4M | 1.0B | 1.2B | 1.2B | |
Cash And Short Term Investments | 48.6M | 62.9M | 124.1M | 76.9M | 64.1M | 50.4M | |
Net Receivables | 566.4M | 290.3M | 197.1M | 174.5M | 172.0M | 143.2M | |
Common Stock Shares Outstanding | 286.1M | 286.8M | 287.7M | 272.7M | 263.8M | 181.1M | |
Liabilities And Stockholders Equity | 14.5B | 13.4B | 10.5B | 11.4B | 10.8B | 8.1B | |
Non Current Liabilities Total | 7.2B | 7.0B | 5.4B | 4.7B | 4.0B | 4.2B | |
Other Stockholder Equity | (1.4B) | (519.8M) | 779.8M | 94.8M | 217.5M | 416.7M | |
Total Liab | 7.4B | 7.3B | 5.7B | 5.9B | 5.6B | 4.5B | |
Total Current Assets | 809.1M | 643.7M | 390.8M | 672.2M | 655.8M | 688.6M | |
Other Current Liab | 58.8M | 42.3M | 52.1M | 58.9M | 61.8M | 64.9M | |
Total Current Liabilities | 286.2M | 327.0M | 311.2M | 1.3B | 1.6B | 1.6B | |
Accounts Payable | (609.2M) | (238.4M) | 215.2M | 181.5M | 205.8M | 216.1M | |
Accumulated Other Comprehensive Income | 246.5M | 159.8M | 136.3M | 457.8M | 326.6M | 343.0M | |
Common Stock | 5.4B | 5.4B | 5.4B | 5.1B | 5.1B | 5.3B | |
Retained Earnings | 1.4B | 519.8M | (779.8M) | (94.8M) | (217.5M) | (206.6M) | |
Short Term Debt | 331.9M | 795.0M | 487.8M | 12.5M | 333.3M | 310.4M | |
Other Current Assets | 194.0M | 293.0M | 69.5M | 420.8M | (332.7M) | (316.1M) | |
Current Deferred Revenue | 41.6M | 35.4M | 31.4M | 1.0B | 969.2M | 1.0B | |
Inventory | (5.4M) | (752.0K) | (2.5M) | (38.2M) | 752.4M | 790.0M | |
Other Liab | 422.2M | 360.6M | 1.3B | 1.5B | 1.7B | 1.8B | |
Net Tangible Assets | 7.0B | 6.1B | 4.8B | 5.5B | 4.9B | 5.1B | |
Long Term Debt | 6.4B | 5.9B | 3.9B | 3.9B | 3.4B | 4.5B | |
Long Term Investments | 1.0B | 955.5M | 992.7M | 1.1B | 1.2B | 1.1B | |
Short Long Term Debt | 352.5M | 581.9M | 487.8M | 12.5M | 304.7M | 289.5M | |
Property Plant Equipment | 12.0B | 11.2B | 8.6B | 8.8B | 7.9B | 9.3B | |
Short Term Investments | 266K | 752K | 272K | 38.2M | 28.2M | 29.6M | |
Non Current Liabilities Other | 323.2M | 197.8M | 216.8M | 217.7M | 177.9M | 217.5M | |
Net Invested Capital | 13.4B | 12.4B | 8.7B | 9.4B | 8.9B | 9.2B | |
Net Working Capital | (272.2M) | (171.1M) | 79.6M | (589.0M) | (927.0M) | (880.7M) | |
Capital Lease Obligations | 32.0M | 30.3M | 29.1M | 30.4M | 28.6M | 27.6M | |
Capital Stock | 5.4B | 5.4B | 5.4B | 5.1B | 5.1B | 4.2B |
Pair Trading with HR Real
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 HR Real 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 HR Real will appreciate offsetting losses from the drop in the long position's value.Moving together with HR-UN Stock
Moving against HR-UN Stock
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The ability to find closely correlated positions to HR Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HR Real 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 HR Real - 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 HR Real Estate to buy it.
The correlation of HR Real 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 HR Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HR Real Estate 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 HR Real 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.Additional Tools for HR-UN Stock Analysis
When running HR Real's price analysis, check to measure HR Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HR Real is operating at the current time. Most of HR Real's value examination focuses on studying past and present price action to predict the probability of HR Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HR Real's price. Additionally, you may evaluate how the addition of HR Real to your portfolios can decrease your overall portfolio volatility.