Information Book Value Per Share vs Pocfratio Analysis
ISV Stock | CAD 27.16 0.22 0.82% |
Information Services financial indicator trend analysis is infinitely more than just investigating Information Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Information Services is a good investment. Please check the relationship between Information Services Book Value Per Share and its Pocfratio accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Information Services. 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.
Book Value Per Share vs Pocfratio
Book Value Per Share vs Pocfratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Information Services Book Value Per Share account and Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Information Services' Book Value Per Share and Pocfratio is -0.25. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Information Services, assuming nothing else is changed. The correlation between historical values of Information Services' Book Value Per Share and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Information Services are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Book Value Per Share i.e., Information Services' Book Value Per Share and Pocfratio go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Pocfratio
Most indicators from Information Services' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Information Services 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 Information Services. 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, Information Services' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Multiple is likely to grow to 9.14, while Selling General Administrative is likely to drop about 18.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.8M | 3.6M | 14.3M | 15.1M | Depreciation And Amortization | 13.8M | 14.7M | 20.5M | 11.4M |
Information Services fundamental ratios Correlations
Click cells to compare fundamentals
Information Services Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Information Services fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 171.6M | 242.3M | 232.5M | 283.5M | 536.3M | 563.1M | |
Short Long Term Debt Total | 28.8M | 85.2M | 50.0M | 74.9M | 187.2M | 196.5M | |
Other Current Liab | 17.8M | 20.8M | 25.6M | 26.4M | 52.9M | 55.5M | |
Total Current Liabilities | 24.7M | 27.3M | 36.9M | 39.6M | 63.5M | 66.7M | |
Total Stockholder Equity | 114.2M | 122.0M | 137.7M | 155.6M | 168.8M | 117.0M | |
Property Plant And Equipment Net | 12.7M | 9.7M | 9.2M | 9.4M | 10.8M | 8.4M | |
Current Deferred Revenue | 5.0M | 5.7M | 5.6M | 6.9M | 2.8M | 2.6M | |
Net Debt | 5.1M | 51.2M | 9.9M | 40.4M | 163.0M | 171.1M | |
Retained Earnings | 92.1M | 99.0M | 115.6M | 130.2M | 138.8M | 94.4M | |
Accounts Payable | 733K | 3.3M | 2.5M | 7.4M | 6.8M | 3.9M | |
Cash | 23.7M | 33.9M | 40.1M | 34.5M | 24.2M | 33.8M | |
Non Current Assets Total | 129.2M | 186.9M | 176.1M | 226.2M | 488.0M | 512.4M | |
Non Currrent Assets Other | 203K | (157.1M) | (147.4M) | (199.6M) | 351.8M | 369.4M | |
Cash And Short Term Investments | 24.2M | 34.0M | 40.1M | 34.5M | 24.2M | 33.9M | |
Net Receivables | 13.7M | 18.6M | 13.6M | 18.1M | 20.9M | 11.4M | |
Common Stock Shares Outstanding | 17.5M | 17.7M | 18.0M | 17.9M | 18.0M | 19.4M | |
Liabilities And Stockholders Equity | 171.6M | 242.3M | 232.5M | 283.5M | 536.3M | 563.1M | |
Non Current Liabilities Total | 32.7M | 93.0M | 57.9M | 88.2M | 304.0M | 319.3M | |
Other Current Assets | 2.1M | 2.8M | 2.7M | 4.6M | 3.2M | 2.3M | |
Total Liab | 57.3M | 120.3M | 94.8M | 127.9M | 367.5M | 385.9M | |
Property Plant And Equipment Gross | 12.7M | 9.7M | 33.0M | 33.0M | 35.7M | 37.5M | |
Total Current Assets | 42.3M | 55.4M | 56.4M | 57.2M | 48.3M | 48.3M | |
Accumulated Other Comprehensive Income | 5K | 706K | (355K) | (377K) | 1.4M | 1.5M | |
Short Term Debt | 3.8M | 2.0M | 1.8M | 2.3M | 2.8M | 2.4M | |
Intangible Assets | 41.2M | 71.2M | 61.1M | 89.0M | 351.8M | 369.4M | |
Other Liab | 7.7M | 9.8M | 9.7M | 15.7M | 18.0M | 9.4M | |
Net Tangible Assets | 27.5M | (26.6M) | (496K) | (34.6M) | (31.2M) | (29.6M) | |
Other Assets | 29.9M | 28.5M | 28.6M | 26.6M | 24.0M | 29.5M | |
Long Term Debt | 16M | 76.3M | 41.0M | 66.0M | 177.3M | 186.2M | |
Property Plant Equipment | 12.7M | 9.7M | 9.2M | 9.4M | 10.8M | 9.4M | |
Other Stockholder Equity | 2.2M | 2.4M | 2.5M | 1.0 | 1.15 | 1.09 | |
Good Will | 45.5M | 77.5M | 77.1M | 101.2M | 101.3M | 63.3M | |
Long Term Debt Total | 25.0M | 83.2M | 48.2M | 72.6M | 83.4M | 45.6M | |
Short Term Investments | 301K | 448K | 475K | 52K | 36K | 0.0 | |
Net Invested Capital | 132.2M | 198.4M | 178.7M | 221.6M | 346.1M | 209.3M | |
Net Working Capital | 17.7M | 28.1M | 19.5M | 17.6M | (15.2M) | (14.4M) |
Pair Trading with Information Services
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 Information Services 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 Information Services will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Information Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Information Services 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 Information Services - 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 Information Services to buy it.
The correlation of Information Services 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 Information Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Information Services 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 Information Services 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 Information Stock
Balance Sheet is a snapshot of the financial position of Information Services at a specified time, usually calculated after every quarter, six months, or one year. Information Services Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Information Services 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 Information currently owns. An asset can also be divided into two categories, current and non-current.