Alignvest Ptb Ratio vs Price To Sales Ratio 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 Ptb Ratio and its Price To Sales Ratio 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.
Ptb Ratio vs Price To Sales Ratio
Ptb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alignvest Acquisition Ptb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alignvest Acquisition's Ptb Ratio and Price To Sales Ratio is -0.14. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Price To Sales Ratio 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 Ptb Ratio and Price To Sales 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 Ptb Ratio of Alignvest Acquisition II are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Ptb Ratio i.e., Alignvest Acquisition's Ptb Ratio and Price To Sales Ratio 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.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.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 Profit | 2.5B | 1.8B | 2.0B | 1.4B | Total Revenue | 2.5B | 1.8B | 2.0B | 1.4B |
Alignvest Acquisition fundamental ratios Correlations
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Alignvest Acquisition Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alignvest Acquisition fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 9.3B | 10.4B | 10.8B | 22.4B | 25.7B | 27.0B | |
Total Stockholder Equity | 1.1B | 1.1B | 1.1B | 970.9M | 1.1B | 692.0M | |
Property Plant And Equipment Net | 266.6M | 266.8M | 178.9M | 195.5M | 224.9M | 222.8M | |
Net Debt | 500.8M | 806.8M | 727.7M | 497.0M | 571.6M | 555.7M | |
Retained Earnings | 369.7M | 455.9M | 537.9M | 317.9M | 365.6M | 317.1M | |
Cash | 360.0M | 360.0M | 368.1M | 486.6M | 559.6M | 587.6M | |
Non Current Assets Total | 528.2M | 411.1M | 345.1M | 356.5M | 320.9M | 304.8M | |
Non Currrent Assets Other | (528.2M) | (411.1M) | (345.1M) | (356.5M) | (320.9M) | (304.8M) | |
Other Assets | 8.3B | 9.5B | 9.9B | 21.2B | 24.4B | 25.6B | |
Cash And Short Term Investments | 360.0M | 360.0M | 368.1M | 486.6M | 559.6M | 587.6M | |
Good Will | 58.4M | 57.0M | 75.0M | 45.0M | 51.8M | 58.1M | |
Common Stock Shares Outstanding | 149.9M | 146.8M | 144.8M | 145.0M | 130.5M | 155.4M | |
Non Current Liabilities Total | 851.2M | 1.2B | 319.9M | 956.0M | 1.1B | 779.1M | |
Other Stockholder Equity | 755.1M | 737.7M | 735.1M | 725.0M | 833.8M | 875.5M | |
Total Liab | 7.6B | 8.7B | 9.3B | 21.1B | 24.2B | 25.4B | |
Total Current Assets | 446.9M | 467.2M | 510.3M | 819.3M | 942.2M | 989.3M | |
Intangible Assets | 37.5M | 32.1M | 30.3M | 48.1M | 55.4M | 39.9M | |
Common Stock | 1.5M | 1.4M | 1.4M | 1.4M | 1.3M | 1.2M | |
Short Long Term Debt Total | 860.8M | 1.2B | 1.1B | 983.7M | 1.1B | 899.2M | |
Liabilities And Stockholders Equity | 9.3B | 10.4B | 10.8B | 22.4B | 25.7B | 27.0B | |
Accumulated Other Comprehensive Income | (14.9M) | (60.5M) | (190.0M) | (73.4M) | (66.1M) | (69.4M) | |
Other Liab | 5.0B | 5.6B | 6.4B | 6.9B | 7.9B | 5.6B | |
Net Tangible Assets | 507.6M | 1.0B | 1.0B | 1.0B | 1.2B | 790.4M | |
Property Plant Equipment | 289.9M | 266.6M | 266.8M | 178.9M | 205.7M | 243.1M | |
Other Current Liab | (256.5M) | (301.5M) | (319.9M) | (321.5M) | (289.3M) | (274.8M) | |
Total Current Liabilities | 256.5M | 301.5M | 319.9M | 321.5M | 289.3M | 219.3M | |
Accounts Payable | 246.9M | 292.5M | 310.8M | 293.8M | 337.8M | 227.4M | |
Net Receivables | 86.9M | 107.2M | 142.2M | 332.7M | 382.6M | 401.7M | |
Other Current Assets | 1.4B | 796.5M | 710.8M | 625.1M | 718.8M | 688.0M | |
Long Term Debt Total | 545.7M | 487.3M | 634.8M | 665.8M | 765.7M | 427.8M | |
Net Invested Capital | 1.6B | 1.8B | 2.1B | 1.9B | 2.2B | 1.4B | |
Short Term Debt | 9.5M | 9.0M | 9.1M | 27.7M | 31.8M | 33.4M | |
Capital Stock | 1.5M | 1.4M | 1.4M | 1.4M | 1.6M | 1.3M | |
Long Term Debt | 471.6M | 683.4M | 1.1B | 927.4M | 1.1B | 805.4M | |
Short Term Investments | 6.7B | 8.0B | 8.4B | 16.4B | 18.9B | 10.1B | |
Capital Lease Obligations | 39.6M | 32.8M | 33.3M | 38.0M | 34.2M | 28.7M | |
Long Term Investments | 6.8B | 55.3M | 60.9M | 17.1B | 19.7B | 20.6B | |
Short Long Term Debt | 980K | 761K | 1.7M | 18.3M | 16.4M | 17.3M |
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
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.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.