Calfrac Historical Financial Ratios
| CFW Stock | CAD 3.75 0.05 1.32% |
Calfrac Well is presently reporting on over 97 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0028, PTB Ratio of 0.52 or Days Sales Outstanding of 108 will help investors to properly organize and evaluate Calfrac Well Services financial condition quickly.
Calfrac |
About Calfrac Financial Ratios Analysis
Calfrac Well ServicesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Calfrac Well investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Calfrac financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Calfrac Well history.
Calfrac Well Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Calfrac Well Services stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Calfrac Well sales, a figure that is much harder to manipulate than other Calfrac Well Services 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 Calfrac Well Services dividend as a percentage of Calfrac Well stock price. Calfrac Well Services dividend yield is a measure of Calfrac Well stock productivity, which can be interpreted as interest rate earned on an Calfrac Well 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.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.Most ratios from Calfrac Well's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Calfrac Well Services current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Calfrac Well Services. 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, Calfrac Well's Interest Coverage is very stable compared to the past year. As of the 29th of March 2025, Income Quality is likely to grow to 12.86, while Price To Sales Ratio is likely to drop 0.22.
| 2024 | 2025 (projected) | Dividend Yield | 0.002921 | 0.002775 | Price To Sales Ratio | 0.23 | 0.22 |
Calfrac Well fundamentals Correlations
Click cells to compare fundamentals
Calfrac Well Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Calfrac Well
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 Calfrac Well 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 Calfrac Well will appreciate offsetting losses from the drop in the long position's value.Moving against Calfrac Stock
| 0.53 | SAGE | Sage Potash Corp | PairCorr |
| 0.49 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.41 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.37 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Calfrac Well could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calfrac Well 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 Calfrac Well - 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 Calfrac Well Services to buy it.
The correlation of Calfrac Well 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 Calfrac Well moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calfrac Well Services 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 Calfrac Well 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 Calfrac Stock
Calfrac Well ServicesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Calfrac Well investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Calfrac financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Calfrac Well history.