Gfl Environmental Holdings Stock Annual Yield
Gfl Environmental Holdings fundamentals help investors to digest information that contributes to Gfl Environmental's financial success or failures. It also enables traders to predict the movement of Gfl Stock. The fundamental analysis module provides a way to measure Gfl Environmental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gfl Environmental stock.
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Gfl Environmental Holdings Company Annual Yield Analysis
Gfl Environmental's Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
Current Gfl Environmental Annual Yield | 0 % |
Most of Gfl Environmental's fundamental indicators, such as Annual Yield, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gfl Environmental Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
CompetitionIn accordance with the recently published financial statements, Gfl Environmental Holdings has an Annual Yield of 0.0012%. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The annual yield for all Canada stocks is notably lower than that of the firm.
Gfl Annual Yield Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gfl Environmental's direct or indirect competition against its Annual Yield to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gfl Environmental could also be used in its relative valuation, which is a method of valuing Gfl Environmental by comparing valuation metrics of similar companies.Gfl Environmental is currently under evaluation in annual yield category among its peers.
Gfl Fundamentals
| Return On Equity | -0.1 | |||
| Return On Asset | 0.0157 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 37.42 B | |||
| Shares Outstanding | 381.57 M | |||
| Shares Owned By Insiders | 2.96 % | |||
| Shares Owned By Institutions | 80.26 % | |||
| Number Of Shares Shorted | 1.87 M | |||
| Price To Book | 3.88 X | |||
| Price To Sales | 3.35 X | |||
| Revenue | 7.86 B | |||
| Gross Profit | 1.49 B | |||
| EBITDA | 1.98 B | |||
| Net Income | (722.7 M) | |||
| Cash And Equivalents | 230.6 M | |||
| Cash Per Share | 0.67 X | |||
| Total Debt | 1.15 B | |||
| Debt To Equity | 1.50 % | |||
| Current Ratio | 0.63 X | |||
| Book Value Per Share | 17.74 X | |||
| Cash Flow From Operations | 1.54 B | |||
| Short Ratio | 6.58 X | |||
| Earnings Per Share | (2.17) X | |||
| Price To Earnings To Growth | (0.67) X | |||
| Target Price | 69.15 | |||
| Number Of Employees | 20 K | |||
| Beta | 1.05 | |||
| Market Capitalization | 26.3 B | |||
| Total Asset | 21.21 B | |||
| Retained Earnings | (3.57 B) | |||
| Working Capital | (1.46 B) | |||
| Annual Yield | 0 % | |||
| Net Asset | 21.21 B | |||
| Last Dividend Paid | 0.081 |
Pair Trading with Gfl Environmental
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 Gfl Environmental 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 Gfl Environmental will appreciate offsetting losses from the drop in the long position's value.Moving against Gfl Stock
| 0.48 | NVDA | NVIDIA CDR | PairCorr |
| 0.43 | GOOG | Alphabet CDR | PairCorr |
| 0.36 | AMZN | Amazon CDR | PairCorr |
| 0.31 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Ecolab could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecolab 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 Ecolab - 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 Ecolab Inc to buy it.
The correlation of Ecolab 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 Ecolab moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecolab Inc 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 Ecolab 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.