| HITI Stock | | | CAD 4.53 0.21 4.43% |
High Tide financial indicator trend analysis is much more than just examining High Tide latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether High Tide is a good investment. Please check the relationship between High Tide Ptb Ratio and its Dividend Yield accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy High Stock please use our
How to Invest in High Tide guide.
Ptb Ratio vs Dividend Yield
Ptb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
High Tide Ptb Ratio account and
Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between High Tide's Ptb Ratio and Dividend Yield is -0.14. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of High Tide, assuming nothing else is changed. The correlation between historical values of High Tide's Ptb Ratio 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 Ptb Ratio of High Tide 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 Ptb Ratio i.e., High Tide's Ptb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.14 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Dividend Yield
Dividend Yield is High Tide dividend as a percentage of High Tide stock price. High Tide dividend yield is a measure of High Tide stock productivity, which can be interpreted as interest rate earned on an High Tide 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 High Tide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into High Tide 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy High Stock please use our
How to Invest in High Tide guide.At this time, High Tide's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.41 in 2024, despite the fact that
Tax Provision is likely to grow to (6.5
M).
High Tide fundamental ratios Correlations
Click cells to compare fundamentals
High Tide Account Relationship Matchups
High Positive Relationship
High Negative Relationship
High Tide fundamental ratios Accounts
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Additional Tools for High Stock Analysis
When running High Tide's price analysis, check to
measure High Tide'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 High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to
predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.