Sylogist Change In Cash vs Stock Based Compensation Analysis

SYZ Stock  CAD 10.05  0.05  0.50%   
Sylogist financial indicator trend analysis is much more than just breaking down Sylogist prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sylogist is a good investment. Please check the relationship between Sylogist Change In Cash and its Stock Based Compensation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sylogist. 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.

Change In Cash vs Stock Based Compensation

Change In Cash vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sylogist Change In Cash account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sylogist's Change In Cash and Stock Based Compensation is -0.15. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Sylogist, assuming nothing else is changed. The correlation between historical values of Sylogist's Change In Cash and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Sylogist are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change In Cash i.e., Sylogist's Change In Cash and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Sylogist's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sylogist 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sylogist. 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, Sylogist's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 30th of November 2024, Enterprise Value is likely to grow to about 191.7 M, while Selling General Administrative is likely to drop about 8.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue38.7M69M65.5M68.8M
Depreciation And Amortization6.8M12.9M10.1M10.7M

Sylogist fundamental ratios Correlations

0.70.790.850.710.74-0.04-0.830.580.470.890.450.650.590.880.91-0.380.860.60.720.120.890.910.22-0.540.84
0.70.770.950.030.970.66-0.850.56-0.250.93-0.270.750.170.930.7-0.170.96-0.121.00.080.940.85-0.06-0.510.96
0.790.770.860.290.810.39-0.730.85-0.030.9-0.050.890.310.880.91-0.250.870.120.760.080.870.80.01-0.210.87
0.850.950.860.250.940.47-0.930.65-0.030.98-0.050.840.310.950.86-0.261.00.110.960.110.980.960.01-0.471.0
0.710.030.290.250.12-0.7-0.310.170.910.330.90.060.720.340.5-0.360.270.970.050.080.330.410.5-0.420.22
0.740.970.810.940.120.59-0.840.59-0.170.94-0.190.740.210.940.73-0.210.95-0.040.960.050.940.84-0.05-0.540.95
-0.040.660.390.47-0.70.59-0.340.34-0.890.41-0.890.54-0.360.40.160.190.46-0.810.63-0.040.40.26-0.32-0.020.5
-0.83-0.85-0.73-0.93-0.31-0.84-0.34-0.51-0.08-0.9-0.05-0.79-0.37-0.84-0.830.26-0.92-0.21-0.86-0.02-0.91-0.96-0.070.53-0.93
0.580.560.850.650.170.590.34-0.51-0.080.69-0.110.78-0.020.680.81-0.390.660.040.550.10.660.57-0.2-0.020.66
0.47-0.25-0.03-0.030.91-0.17-0.89-0.08-0.080.030.99-0.220.550.040.23-0.34-0.020.97-0.220.10.040.170.33-0.25-0.07
0.890.930.90.980.330.940.41-0.90.690.030.010.820.360.980.89-0.290.990.170.940.11.00.940.05-0.510.99
0.45-0.27-0.05-0.050.9-0.19-0.89-0.05-0.110.990.01-0.240.560.020.21-0.29-0.040.97-0.240.080.020.150.34-0.23-0.09
0.650.750.890.840.060.740.54-0.790.78-0.220.82-0.240.20.740.87-0.10.83-0.060.750.010.790.81-0.07-0.120.85
0.590.170.310.310.720.21-0.36-0.37-0.020.550.360.560.20.330.430.110.320.660.180.10.350.420.8-0.410.28
0.880.930.880.950.340.940.4-0.840.680.040.980.020.740.330.85-0.310.970.170.920.060.980.880.04-0.550.96
0.910.70.910.860.50.730.16-0.830.810.230.890.210.870.430.85-0.30.870.380.710.020.880.890.07-0.330.86
-0.38-0.17-0.25-0.26-0.36-0.210.190.26-0.39-0.34-0.29-0.29-0.10.11-0.31-0.3-0.27-0.32-0.18-0.62-0.31-0.30.160.19-0.24
0.860.960.871.00.270.950.46-0.920.66-0.020.99-0.040.830.320.970.87-0.270.120.960.10.990.950.01-0.491.0
0.6-0.120.120.110.97-0.04-0.81-0.210.040.970.170.97-0.060.660.170.38-0.320.12-0.090.080.180.310.45-0.320.08
0.721.00.760.960.050.960.63-0.860.55-0.220.94-0.240.750.180.920.71-0.180.96-0.090.10.940.86-0.06-0.510.96
0.120.080.080.110.080.05-0.04-0.020.10.10.10.080.010.10.060.02-0.620.10.080.10.090.120.10.060.06
0.890.940.870.980.330.940.4-0.910.660.041.00.020.790.350.980.88-0.310.990.180.940.090.940.04-0.540.98
0.910.850.80.960.410.840.26-0.960.570.170.940.150.810.420.880.89-0.30.950.310.860.120.940.08-0.470.95
0.22-0.060.010.010.5-0.05-0.32-0.07-0.20.330.050.34-0.070.80.040.070.160.010.45-0.060.10.040.08-0.25-0.02
-0.54-0.51-0.21-0.47-0.42-0.54-0.020.53-0.02-0.25-0.51-0.23-0.12-0.41-0.55-0.330.19-0.49-0.32-0.510.06-0.54-0.47-0.25-0.46
0.840.960.871.00.220.950.5-0.930.66-0.070.99-0.090.850.280.960.86-0.241.00.080.960.060.980.95-0.02-0.46
Click cells to compare fundamentals

Sylogist Account Relationship Matchups

Sylogist fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets78.2M71.0M98.0M103.1M96.6M101.4M
Other Current Liab180K2.2M3.2M5.6M6.4M6.7M
Total Current Liabilities17.3M16.6M39.8M50.9M48.7M51.2M
Total Stockholder Equity58.5M51.9M46.7M39.9M37.6M26.3M
Property Plant And Equipment Net141K573K1.6M1.7M1.4M1.5M
Net Debt(53.1M)(42.3M)(10.6M)7.4M6.1M6.4M
Retained Earnings(23.1M)(31.7M)(40.1M)(50.0M)(50.7M)(48.2M)
Accounts Payable555K372K630K1.6M1.9M2.0M
Cash53.1M42.8M29.6M14.5M11.6M17.3M
Non Current Assets Total21.6M22.8M64.5M75.6M70.3M73.8M
Cash And Short Term Investments53.1M42.8M29.6M14.5M11.6M18.3M
Net Receivables1.5M3.5M2.0M9.4M10.9M11.4M
Common Stock Shares Outstanding23.0M23.8M24.1M23.9M23.7M17.8M
Liabilities And Stockholders Equity78.2M71.0M98.0M103.1M96.6M101.4M
Non Current Liabilities Total2.4M2.4M11.6M12.2M10.3M10.8M
Other Stockholder Equity2.4M3.3M4.5M5.5M5.8M6.3M
Total Liab19.7M19.1M51.3M63.2M59.0M61.9M
Total Current Assets56.6M48.1M33.6M27.5M26.3M21.8M
Short Term Debt2.3M380K18.5M21.5M17.5M18.4M
Accumulated Other Comprehensive Income559K722K(32K)2.2M1.5M1.6M
Inventory381K267K218K211K248K225.6K
Intangible Assets14.3M14.1M41.6M47.4M42.7M44.8M
Current Deferred Revenue14.3M13.7M17.5M22.2M22.9M24.1M
Common Stock78.7M79.6M82.4M82.2M81.0M72.0M
Capital Surpluse2.4M3.3M4.5M5.5M4.9M4.7M
Property Plant Equipment141K573K1.6M1.8M2.0M2.1M
Other Liab2.4M2.3M11.0M13.8M15.8M16.6M
Net Tangible Assets37.0M29.6M(16.2M)(38.6M)(34.8M)(33.0M)
Net Invested Capital58.5M51.9M64.9M54.8M63.0M57.6M
Net Working Capital39.2M31.5M(6.2M)(22.4M)(20.2M)(19.2M)

Pair Trading with Sylogist

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

Moving against Sylogist Stock

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

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