Alignvest Price To Sales Ratio vs Dividend Yield Analysis

SFC Stock  CAD 6.74  0.04  0.60%   
Alignvest Acquisition financial indicator trend analysis is way more than just evaluating Alignvest Acquisition prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alignvest Acquisition is a good investment. Please check the relationship between Alignvest Acquisition Price To Sales Ratio and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Alignvest Acquisition II. 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 Dividend Yield

Price To Sales Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alignvest Acquisition Price To Sales Ratio account and Dividend Yield. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Alignvest Acquisition's Price To Sales Ratio and Dividend Yield is 0.85. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Alignvest Acquisition II, assuming nothing else is changed. The correlation between historical values of Alignvest Acquisition's Price To Sales 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 Price To Sales Ratio of Alignvest Acquisition II 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 Price To Sales Ratio i.e., Alignvest Acquisition's Price To Sales Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Alignvest Acquisition stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Alignvest Acquisition sales, a figure that is much harder to manipulate than other Alignvest Acquisition II 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.

Dividend Yield

Dividend Yield is Alignvest Acquisition II dividend as a percentage of Alignvest Acquisition stock price. Alignvest Acquisition dividend yield is a measure of Alignvest Acquisition stock productivity, which can be interpreted as interest rate earned on an Alignvest Acquisition 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 Alignvest Acquisition's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alignvest Acquisition 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 Alignvest Acquisition II. 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, Alignvest Acquisition's Discontinued Operations is very stable compared to the past year. As of the 23rd of January 2025, Sales General And Administrative To Revenue is likely to grow to 0.34, while Selling General Administrative is likely to drop about 265.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit2.5B1.8B2.0B1.4B
Total Revenue2.5B1.8B2.0B1.4B

Alignvest Acquisition fundamental ratios Correlations

0.630.280.10.440.91-0.34-0.370.970.910.21-0.210.510.790.970.980.53-0.340.580.760.670.22-0.7-0.260.440.94
0.630.45-0.070.810.77-0.38-0.450.640.770.56-0.090.650.820.580.70.18-0.210.470.690.80.41-0.74-0.110.640.37
0.280.450.50.150.27-0.36-0.420.340.270.5-0.630.620.670.390.320.48-0.690.460.480.680.96-0.7-0.69-0.180.2
0.1-0.070.5-0.090.030.10.080.080.030.21-0.610.140.340.290.140.42-0.760.670.470.420.35-0.48-0.64-0.330.22
0.440.810.15-0.090.6-0.05-0.110.370.60.520.310.50.560.380.51-0.03-0.090.380.520.560.14-0.490.260.860.21
0.910.770.270.030.6-0.19-0.230.851.00.29-0.060.530.780.830.960.31-0.160.530.690.640.22-0.66-0.10.590.76
-0.34-0.38-0.360.1-0.05-0.191.0-0.56-0.19-0.480.61-0.01-0.52-0.39-0.29-0.150.4-0.32-0.45-0.5-0.410.560.60.2-0.32
-0.37-0.45-0.420.08-0.11-0.231.0-0.57-0.23-0.520.61-0.08-0.58-0.42-0.32-0.170.43-0.33-0.48-0.56-0.470.610.610.16-0.32
0.970.640.340.080.370.85-0.56-0.570.850.29-0.370.430.820.960.940.51-0.40.590.780.710.29-0.76-0.40.310.92
0.910.770.270.030.61.0-0.19-0.230.850.29-0.060.530.780.830.960.31-0.160.530.690.640.22-0.66-0.10.590.76
0.210.560.50.210.520.29-0.48-0.520.290.29-0.370.060.610.250.28-0.07-0.410.40.450.570.54-0.62-0.410.090.08
-0.21-0.09-0.63-0.610.31-0.060.610.61-0.37-0.06-0.37-0.04-0.52-0.37-0.21-0.450.77-0.51-0.5-0.55-0.540.630.990.63-0.3
0.510.650.620.140.50.53-0.01-0.080.430.530.06-0.040.610.510.530.52-0.340.280.480.640.55-0.55-0.110.440.36
0.790.820.670.340.560.78-0.52-0.580.820.780.61-0.520.610.830.830.46-0.650.680.860.940.61-0.97-0.580.270.65
0.970.580.390.290.380.83-0.39-0.420.960.830.25-0.370.510.830.950.62-0.550.670.830.750.3-0.8-0.430.310.96
0.980.70.320.140.510.96-0.29-0.320.940.960.28-0.210.530.830.950.47-0.340.610.780.710.25-0.74-0.250.480.89
0.530.180.480.42-0.030.31-0.15-0.170.510.31-0.07-0.450.520.460.620.47-0.590.440.560.540.3-0.5-0.48-0.060.62
-0.34-0.21-0.69-0.76-0.09-0.160.40.43-0.4-0.16-0.410.77-0.34-0.65-0.55-0.34-0.59-0.65-0.68-0.73-0.570.780.830.27-0.42
0.580.470.460.670.380.53-0.32-0.330.590.530.4-0.510.280.680.670.610.44-0.650.880.740.32-0.76-0.510.190.57
0.760.690.480.470.520.69-0.45-0.480.780.690.45-0.50.480.860.830.780.56-0.680.880.930.33-0.9-0.520.330.71
0.670.80.680.420.560.64-0.5-0.560.710.640.57-0.550.640.940.750.710.54-0.730.740.930.56-0.97-0.590.270.56
0.220.410.960.350.140.22-0.41-0.470.290.220.54-0.540.550.610.30.250.3-0.570.320.330.56-0.61-0.61-0.20.12
-0.7-0.74-0.7-0.48-0.49-0.660.560.61-0.76-0.66-0.620.63-0.55-0.97-0.8-0.74-0.50.78-0.76-0.9-0.97-0.610.68-0.16-0.62
-0.26-0.11-0.69-0.640.26-0.10.60.61-0.4-0.1-0.410.99-0.11-0.58-0.43-0.25-0.480.83-0.51-0.52-0.59-0.610.680.61-0.34
0.440.64-0.18-0.330.860.590.20.160.310.590.090.630.440.270.310.48-0.060.270.190.330.27-0.2-0.160.610.25
0.940.370.20.220.210.76-0.32-0.320.920.760.08-0.30.360.650.960.890.62-0.420.570.710.560.12-0.62-0.340.25
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Alignvest Acquisition Account Relationship Matchups

Alignvest Acquisition fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets9.3B10.4B10.8B22.4B25.7B27.0B
Total Stockholder Equity1.1B1.1B1.1B970.9M1.1B692.0M
Property Plant And Equipment Net266.6M266.8M178.9M195.5M224.9M222.8M
Net Debt500.8M806.8M727.7M497.0M571.6M555.7M
Retained Earnings369.7M455.9M537.9M317.9M365.6M317.1M
Cash360.0M360.0M368.1M486.6M559.6M587.6M
Non Current Assets Total528.2M411.1M345.1M356.5M320.9M304.8M
Non Currrent Assets Other(528.2M)(411.1M)(345.1M)(356.5M)(320.9M)(304.8M)
Other Assets8.3B9.5B9.9B21.2B24.4B25.6B
Cash And Short Term Investments360.0M360.0M368.1M486.6M559.6M587.6M
Good Will58.4M57.0M75.0M45.0M51.8M58.1M
Common Stock Shares Outstanding149.9M146.8M144.8M145.0M130.5M155.4M
Non Current Liabilities Total851.2M1.2B319.9M956.0M1.1B779.1M
Other Stockholder Equity755.1M737.7M735.1M725.0M833.8M875.5M
Total Liab7.6B8.7B9.3B21.1B24.2B25.4B
Total Current Assets446.9M467.2M510.3M819.3M942.2M989.3M
Intangible Assets37.5M32.1M30.3M48.1M55.4M39.9M
Common Stock1.5M1.4M1.4M1.4M1.3M1.2M
Short Long Term Debt Total860.8M1.2B1.1B983.7M1.1B899.2M
Liabilities And Stockholders Equity9.3B10.4B10.8B22.4B25.7B27.0B
Accumulated Other Comprehensive Income(14.9M)(60.5M)(190.0M)(73.4M)(66.1M)(69.4M)
Other Liab5.0B5.6B6.4B6.9B7.9B5.6B
Net Tangible Assets507.6M1.0B1.0B1.0B1.2B790.4M
Property Plant Equipment289.9M266.6M266.8M178.9M205.7M243.1M
Other Current Liab(256.5M)(301.5M)(319.9M)(321.5M)(289.3M)(274.8M)
Total Current Liabilities256.5M301.5M319.9M321.5M289.3M219.3M
Accounts Payable246.9M292.5M310.8M293.8M337.8M227.4M
Net Receivables86.9M107.2M142.2M332.7M382.6M401.7M
Other Current Assets1.4B796.5M710.8M625.1M718.8M688.0M
Long Term Debt Total545.7M487.3M634.8M665.8M765.7M427.8M
Net Invested Capital1.6B1.8B2.1B1.9B2.2B1.4B
Short Term Debt9.5M9.0M9.1M27.7M31.8M33.4M
Capital Stock1.5M1.4M1.4M1.4M1.6M1.3M
Long Term Debt471.6M683.4M1.1B927.4M1.1B805.4M
Short Term Investments6.7B8.0B8.4B16.4B18.9B10.1B
Capital Lease Obligations39.6M32.8M33.3M38.0M34.2M28.7M
Long Term Investments6.8B55.3M60.9M17.1B19.7B20.6B
Short Long Term Debt980K761K1.7M18.3M16.4M17.3M

Pair Trading with Alignvest Acquisition

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 Alignvest Acquisition 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 Alignvest Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alignvest Stock

  0.62FFH-PH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Alignvest Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alignvest Acquisition 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 Alignvest Acquisition - 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 Alignvest Acquisition II to buy it.
The correlation of Alignvest Acquisition 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 Alignvest Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alignvest Acquisition 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 Alignvest Acquisition 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Alignvest Stock

Balance Sheet is a snapshot of the financial position of Alignvest Acquisition at a specified time, usually calculated after every quarter, six months, or one year. Alignvest Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Alignvest Acquisition 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 Alignvest currently owns. An asset can also be divided into two categories, current and non-current.