Aritzia Ev To Operating Cash Flow vs Capex To Revenue Analysis
ATZ Stock | CAD 50.15 0.28 0.56% |
Aritzia financial indicator trend analysis is way more than just evaluating Aritzia prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aritzia is a good investment. Please check the relationship between Aritzia Ev To Operating Cash Flow and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aritzia. 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.
Ev To Operating Cash Flow vs Capex To Revenue
Ev To Operating Cash Flow vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aritzia Ev To Operating Cash Flow account and Capex To Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Aritzia's Ev To Operating Cash Flow and Capex To Revenue is 0.07. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Aritzia, assuming nothing else is changed. The correlation between historical values of Aritzia's Ev To Operating Cash Flow and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Operating Cash Flow of Aritzia are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Ev To Operating Cash Flow i.e., Aritzia's Ev To Operating Cash Flow and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Aritzia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aritzia 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aritzia. 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, Aritzia's Selling General Administrative is very stable compared to the past year. As of the 12th of December 2024, Tax Provision is likely to grow to about 39.4 M, while Enterprise Value Over EBITDA is likely to drop 13.21.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 24.9M | 31.1M | 49.1M | 51.5M | Depreciation And Amortization | 112.6M | 133.9M | 168.0M | 176.4M |
Aritzia fundamental ratios Correlations
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Aritzia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Aritzia
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 Aritzia 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 Aritzia will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aritzia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aritzia 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 Aritzia - 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 Aritzia to buy it.
The correlation of Aritzia 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 Aritzia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aritzia 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 Aritzia 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 Aritzia Stock
Balance Sheet is a snapshot of the financial position of Aritzia at a specified time, usually calculated after every quarter, six months, or one year. Aritzia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Aritzia 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 Aritzia currently owns. An asset can also be divided into two categories, current and non-current.