ZDC Stock | | | CAD 3.48 0.02 0.58% |
Zedcor Energy financial indicator trend analysis is more than just analyzing Zedcor Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zedcor Energy is a good investment. Please check the relationship between Zedcor Energy Book Value Per Share and its Dividend Yield accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedcor Energy. 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 Dividend Yield
Book Value Per Share vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zedcor Energy Book Value Per Share account and
Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zedcor Energy's Book Value Per Share and Dividend Yield is 0.27. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Zedcor Energy, assuming nothing else is changed. The correlation between historical values of Zedcor Energy's Book Value Per Share 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 Book Value Per Share of Zedcor Energy 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 Book Value Per Share i.e., Zedcor Energy's Book Value Per Share and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.
Dividend Yield
Dividend Yield is Zedcor Energy dividend as a percentage of Zedcor Energy stock price. Zedcor Energy dividend yield is a measure of Zedcor Energy stock productivity, which can be interpreted as interest rate earned on an Zedcor Energy 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 Zedcor Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zedcor Energy 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zedcor Energy. 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.
Zedcor Energy reported
Tax Provision of
(2 Million) in 2023.
Enterprise Value Over EBITDA is likely to climb to 7.88 in 2024, whereas
Discontinued Operations is likely to drop (2.2
M) in 2024.
Zedcor Energy fundamental ratios Correlations
Click cells to compare fundamentals
Zedcor Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zedcor Energy fundamental ratios Accounts
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Additional Tools for Zedcor Stock Analysis
When running Zedcor Energy's price analysis, check to
measure Zedcor Energy'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 Zedcor Energy is operating at the current time. Most of Zedcor Energy's value examination focuses on studying past and present price action to
predict the probability of Zedcor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedcor Energy's price. Additionally, you may evaluate how the addition of Zedcor Energy to your portfolios can decrease your overall portfolio volatility.