Real Net Debt vs Asset Turnover Analysis
| RS Stock | CAD 12.06 0.21 1.71% |
Real Estate financial indicator trend analysis is much more than just breaking down Real Estate E prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Estate E is a good investment. Please check the relationship between Real Estate Net Debt and its Asset Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Estate E Commerce. 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.
Net Debt vs Asset Turnover
Net Debt vs Asset Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Real Estate E Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between Real Estate's Net Debt and Asset Turnover is 0.21. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Real Estate E Commerce, assuming nothing else is changed. The correlation between historical values of Real Estate's Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Real Estate E Commerce are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Real Estate's Net Debt and Asset Turnover go up and down completely randomly.
Correlation Coefficient | 0.21 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most indicators from Real Estate's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Estate E 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Estate E Commerce. 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, Real Estate's Issuance Of Capital Stock is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value Over EBITDA is likely to grow to 12.41, while Tax Provision is likely to drop about 50.4 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.5K | 15.9K | 26.0K | 27.3K | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 167.8K |
Real Estate fundamental ratios Correlations
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Real Estate Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Real Estate
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 Real Estate 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 Real Estate will appreciate offsetting losses from the drop in the long position's value.Moving against Real Stock
The ability to find closely correlated positions to Real Estate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Real Estate 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 Real Estate - 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 Real Estate E Commerce to buy it.
The correlation of Real Estate 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 Real Estate moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Real Estate E 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 Real Estate 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 Real Stock
Balance Sheet is a snapshot of the financial position of Real Estate E at a specified time, usually calculated after every quarter, six months, or one year. Real Estate Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Real Estate 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 Real currently owns. An asset can also be divided into two categories, current and non-current.