Senvest Price To Sales Ratio vs Pb Ratio Analysis
| SEC Stock | CAD 345.00 6.00 1.77% |
Senvest Capital financial indicator trend analysis is much more than just breaking down Senvest Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senvest Capital is a good investment. Please check the relationship between Senvest Capital Price To Sales Ratio and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senvest Capital. 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.
Price To Sales Ratio vs Pb Ratio
Price To Sales Ratio vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senvest Capital Price To Sales Ratio account and Pb Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Senvest Capital's Price To Sales Ratio and Pb Ratio is 0.14. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Senvest Capital, assuming nothing else is changed. The correlation between historical values of Senvest Capital's Price To Sales Ratio and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Senvest Capital are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Price To Sales Ratio i.e., Senvest Capital's Price To Sales Ratio and Pb Ratio go up and down completely randomly.
Correlation Coefficient | 0.14 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Senvest Capital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Senvest Capital sales, a figure that is much harder to manipulate than other Senvest Capital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Pb Ratio
Most indicators from Senvest Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senvest Capital 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 Senvest Capital. 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, Senvest Capital's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 18.5 M, while Issuance Of Capital Stock is likely to drop about 9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Reconciled Depreciation | 843K | 694K | 1.1M | 929.5K | Research Development | 18.7 | 4.77 | 0.77 | 0.73 |
Senvest Capital fundamental ratios Correlations
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Senvest Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Senvest Capital fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.9B | 4.1B | 6.6B | 5.7B | 5.1B | 5.4B | |
| Short Long Term Debt Total | 12.8M | 14.4M | 11.1M | 9.2M | 1.9M | 1.8M | |
| Other Current Liab | (31.2M) | (55.8M) | (96.8M) | (5.3M) | 3.5B | 3.6B | |
| Total Current Liabilities | 31.2M | 55.8M | 96.8M | 5.3M | 3.5B | 3.6B | |
| Total Stockholder Equity | 919.4M | 1.1B | 1.8B | 1.6B | 1.6B | 1.7B | |
| Net Debt | (16.6M) | (9.9M) | (51.9M) | (39.2M) | (31.1M) | (29.6M) | |
| Retained Earnings | 746.3M | 950.4M | 1.7B | 1.3B | 1.4B | 1.5B | |
| Non Current Assets Total | 2.6B | 3.9B | 6.3B | 5.4B | 4.8B | 5.0B | |
| Non Currrent Assets Other | (2.6B) | (3.9B) | (6.3B) | (5.4B) | (4.7B) | (4.4B) | |
| Common Stock Shares Outstanding | 2.7M | 2.6M | 2.5M | 2.5M | 2.5M | 2.2M | |
| Liabilities And Stockholders Equity | 2.9B | 4.1B | 6.6B | 5.7B | 5.1B | 5.4B | |
| Non Current Liabilities Total | 720K | 992K | 96.8M | 5.3M | 1.9M | 1.8M | |
| Other Stockholder Equity | 151.1M | 126.0M | 127.6M | 234.3M | 1.0 | 1.05 | |
| Total Liab | 1.9B | 2.9B | 4.7B | 4.1B | 3.5B | 3.7B | |
| Short Term Debt | 8.1M | 10.0M | 7.4M | 6.4M | 7.6M | 11.8M | |
| Property Plant And Equipment Net | 4.6M | 4.5M | 3.9M | 2.8M | 2.6M | 2.4M | |
| Current Deferred Revenue | 65K | 185K | 85.8M | (3.9M) | (4.3M) | (4.1M) | |
| Accounts Payable | 31.2M | 55.8M | 96.8M | 5.3M | 3.3M | 3.2M | |
| Cash | 17.3M | 10.9M | 52.2M | 42.5M | 33.0M | 19.8M | |
| Cash And Short Term Investments | 17.3M | 10.9M | 52.2M | 42.5M | 4.3B | 4.5B | |
| Total Current Assets | 201.1M | 37.1M | 121.5M | 206.1M | 4.7B | 4.9B | |
| Net Receivables | 183.8M | 26.2M | 69.3M | 163.6M | 346.3M | 363.6M | |
| Other Current Assets | 465K | 472K | 475K | (221.5M) | 366.7M | 385.1M | |
| Accumulated Other Comprehensive Income | 151.1M | 126.0M | 127.6M | 234.3M | 197.3M | 100.7M | |
| Other Assets | 73.1M | 86.3M | 93.4M | 88.8M | (4.3B) | (4.1B) | |
| Common Stock Total Equity | 22.8M | 22.3M | 22.1M | 21.6M | 24.9M | 22.0M | |
| Short Term Investments | 465K | 472K | 475K | 477K | 429.3K | 407.8K | |
| Inventory | 214.9M | 51.9M | 144.9M | 221.5M | 399.7M | 419.7M | |
| Common Stock | 22.1M | 21.6M | 20.9M | 20.7M | 20.6M | 22.2M | |
| Other Liab | 32.6M | 48.8M | 98.1M | 228.4M | 262.6M | 275.8M | |
| Net Tangible Assets | 864.6M | 919.4M | 1.1B | 1.8B | 2.1B | 1.0B | |
| Long Term Investments | 2.6B | 3.9B | 6.3B | 5.4B | 4.7B | 3.0B | |
| Long Term Debt Total | 4.7M | 4.4M | 3.7M | 2.8M | 3.2M | 2.5M | |
| Net Invested Capital | 920.1M | 1.1B | 1.8B | 1.6B | 1.6B | 1.4B | |
| Capital Stock | 22.1M | 21.6M | 20.9M | 20.7M | 20.6M | 17.1M |
Pair Trading with Senvest Capital
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 Senvest Capital 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 Senvest Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Senvest Stock
The ability to find closely correlated positions to Senvest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senvest Capital 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 Senvest Capital - 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 Senvest Capital to buy it.
The correlation of Senvest Capital 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 Senvest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senvest Capital 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 Senvest Capital 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 Senvest Stock
Balance Sheet is a snapshot of the financial position of Senvest Capital at a specified time, usually calculated after every quarter, six months, or one year. Senvest Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Senvest Capital 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 Senvest currently owns. An asset can also be divided into two categories, current and non-current.