Dream Capex To Depreciation vs Pb Ratio Analysis

MPCT-UN Stock  CAD 4.17  0.20  4.58%   
Dream Impact financial indicator trend analysis is much more than just examining Dream Impact Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dream Impact Trust is a good investment. Please check the relationship between Dream Impact Capex To Depreciation and its Pb Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dream Impact Trust. 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.

Capex To Depreciation vs Pb Ratio

Capex To Depreciation vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dream Impact Trust Capex To Depreciation account and Pb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dream Impact's Capex To Depreciation and Pb Ratio is 0.12. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Dream Impact Trust, assuming nothing else is changed. The correlation between historical values of Dream Impact's Capex To Depreciation and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Dream Impact Trust are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Capex To Depreciation i.e., Dream Impact's Capex To Depreciation and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Pb Ratio

Most indicators from Dream Impact's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dream Impact Trust 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Dream Impact Trust. 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, Dream Impact's Selling General Administrative is very stable compared to the past year. As of the 27th of November 2024, Enterprise Value is likely to grow to about 612.1 M, though Tax Provision is likely to grow to (13.8 M).
 2023 2024 (projected)
Discontinued Operations5.0M3.1M
Interest Income2.5M2.4M

Dream Impact fundamental ratios Correlations

-0.090.310.760.620.360.890.10.590.66-0.04-0.42-0.78-0.30.670.04-0.2-0.64-0.43-0.17-0.23-0.08-0.27-0.01-0.05-0.13
-0.090.22-0.290.440.160.110.520.01-0.170.440.360.10.20.330.050.42-0.32-0.530.40.430.46-0.230.540.42-0.45
0.310.220.190.4-0.020.640.10.49-0.030.690.44-0.370.60.530.620.760.14-0.360.720.510.630.490.790.69-0.67
0.76-0.290.190.47-0.280.66-0.10.080.34-0.12-0.16-0.280.080.10.44-0.35-0.44-0.36-0.39-0.23-0.410.05-0.2-0.130.27
0.620.440.40.470.180.640.320.430.240.13-0.16-0.28-0.050.540.11-0.03-0.58-0.75-0.06-0.12-0.11-0.110.20.1-0.24
0.360.16-0.02-0.280.180.220.290.760.58-0.03-0.48-0.72-0.670.76-0.64-0.07-0.33-0.030.01-0.160.26-0.640.07-0.05-0.3
0.890.110.640.660.640.220.20.550.520.23-0.08-0.720.040.740.290.18-0.53-0.490.160.030.26-0.090.410.22-0.35
0.10.520.1-0.10.320.290.20.170.180.260.2-0.120.040.450.020.25-0.070.150.180.110.37-0.350.380.230.04
0.590.010.490.080.430.760.550.170.530.15-0.3-0.86-0.280.82-0.160.15-0.13-0.240.20.10.27-0.140.230.14-0.41
0.66-0.17-0.030.340.240.580.520.180.53-0.35-0.56-0.73-0.550.57-0.35-0.39-0.46-0.03-0.38-0.28-0.06-0.56-0.03-0.310.14
-0.040.440.69-0.120.13-0.030.230.260.15-0.350.62-0.030.660.350.590.790.24-0.140.80.480.720.340.750.99-0.68
-0.420.360.44-0.16-0.16-0.48-0.080.2-0.3-0.560.620.390.82-0.180.670.630.41-0.010.550.570.490.420.570.59-0.2
-0.780.1-0.37-0.28-0.28-0.72-0.72-0.12-0.86-0.73-0.030.390.38-0.830.19-0.050.350.17-0.11-0.04-0.290.32-0.17-0.030.32
-0.30.20.60.08-0.05-0.670.040.04-0.28-0.550.660.820.38-0.230.920.660.49-0.060.570.630.420.690.560.66-0.2
0.670.330.530.10.540.760.740.450.820.570.35-0.18-0.83-0.23-0.130.29-0.42-0.30.320.040.52-0.380.520.32-0.55
0.040.050.620.440.11-0.640.290.02-0.16-0.350.590.670.190.92-0.130.470.3-0.150.370.480.250.610.430.58-0.07
-0.20.420.76-0.35-0.03-0.070.180.250.15-0.390.790.63-0.050.660.290.470.43-0.030.980.710.880.50.830.8-0.72
-0.64-0.320.14-0.44-0.58-0.33-0.53-0.07-0.13-0.460.240.410.350.49-0.420.30.430.620.410.410.220.680.110.280.05
-0.43-0.53-0.36-0.36-0.75-0.03-0.490.15-0.24-0.03-0.14-0.010.17-0.06-0.3-0.15-0.030.62-0.04-0.160.060.01-0.18-0.130.42
-0.170.40.72-0.39-0.060.010.160.180.2-0.380.80.55-0.110.570.320.370.980.41-0.040.690.880.470.780.81-0.8
-0.230.430.51-0.23-0.12-0.160.030.110.1-0.280.480.57-0.040.630.040.480.710.41-0.160.690.610.440.510.51-0.38
-0.080.460.63-0.41-0.110.260.260.370.27-0.060.720.49-0.290.420.520.250.880.220.060.880.610.070.880.72-0.69
-0.27-0.230.490.05-0.11-0.64-0.09-0.35-0.14-0.560.340.420.320.69-0.380.610.50.680.010.470.440.070.180.38-0.22
-0.010.540.79-0.20.20.070.410.380.23-0.030.750.57-0.170.560.520.430.830.11-0.180.780.510.880.180.75-0.67
-0.050.420.69-0.130.1-0.050.220.230.14-0.310.990.59-0.030.660.320.580.80.28-0.130.810.510.720.380.75-0.69
-0.13-0.45-0.670.27-0.24-0.3-0.350.04-0.410.14-0.68-0.20.32-0.2-0.55-0.07-0.720.050.42-0.8-0.38-0.69-0.22-0.67-0.69
Click cells to compare fundamentals

Dream Impact Account Relationship Matchups

Dream Impact fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets696.1M648.5M701.7M724.2M707.4M617.5M
Other Current Liab28.1M(2.4M)(12.0M)(63.0M)(31.9M)(30.3M)
Total Current Liabilities33.0M2.4M12.0M10.0M6.3M6.0M
Net Debt(28.8M)(22.5M)124.7M224.1M263.9M156.8M
Accounts Payable2.5M2.4M12.0M10.0M6.3M11.5M
Cash117.8M110.7M8.4M2.2M6.2M5.9M
Non Current Assets Total517.8M321.3M407.3M406.9M405.1M452.4M
Non Currrent Assets Other(49.4M)(212.4M)(276.3M)(303.9M)(9.6M)(10.1M)
Cash And Short Term Investments117.8M110.7M8.4M2.2M6.2M5.9M
Net Receivables9.9M2.2M2.8M4.3M4.7M4.8M
Common Stock Shares Outstanding16.7M16.8M16.2M16.5M17.2M14.0M
Liabilities And Stockholders Equity696.1M648.5M701.7M724.2M707.4M617.5M
Non Current Liabilities Total95.6M88.2M133.2M10.0M270.1M138.5M
Other Current Assets(178.9M)(122.4M)(17.2M)(11.6M)(13.4M)(14.1M)
Total Liab128.6M108.6M164.8M245.4M278.8M194.9M
Total Current Assets178.3M112.9M11.2M6.6M10.8M10.3M
Short Long Term Debt Total89.0M88.2M133.2M226.3M270.1M162.9M
Total Stockholder Equity567.6M539.9M536.9M478.7M428.7M464.0M
Property Plant And Equipment Net200.9M212.4M276.3M303.9M278.0M222.1M
Current Deferred Revenue1.5M(8.6M)(68.2M)1.3M1.5M1.5M
Retained Earnings8.2M(2.3M)(6.8M)(76.8M)(133.3M)(126.6M)
Short Term Investments51.2M9.5M5.9M5.1M2.5M2.4M
Inventory229.6M122.4M17.2M11.6M13.4M12.7M
Accumulated Other Comprehensive Income(4.3M)(4.0M)0.02.3M466K489.3K
Short Term Debt878K11.0M80.1M61.7M30.5M34.1M
Intangible Assets1.7M1.6M0.0(287.6M)(258.9M)(245.9M)
Common Stock559.4M542.2M543.8M553.2M561.5M459.2M
Other Stockholder Equity(8.2M)2.3M6.8M76.8M133.3M140.0M
Other Liab7.5M10.8M10.0M7.8M9.0M7.3M
Net Tangible Assets567.6M539.9M536.9M478.7M430.9M452.4M
Other Assets81.5M214.3M283.2M310.7M291.5M225.0M
Long Term Investments251.4M250.6M394.2M406.9M405.1M339.5M
Property Plant Equipment200.9M212.4M276.3M303.9M273.5M264.7M
Net Invested Capital656.5M628.1M670.1M705.1M698.7M565.9M
Capital Stock559.4M542.2M543.8M553.2M561.5M446.8M

Pair Trading with Dream Impact

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 Dream Impact 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 Dream Impact will appreciate offsetting losses from the drop in the long position's value.

Moving against Dream Stock

  0.74AEMC Alaska Energy MetalsPairCorr
The ability to find closely correlated positions to Dream Impact could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dream Impact 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 Dream Impact - 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 Dream Impact Trust to buy it.
The correlation of Dream Impact 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 Dream Impact moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dream Impact Trust 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 Dream Impact 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 Dream Stock

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