DynaCERT Price To Sales Ratio vs Free Cash Flow Yield Analysis

DYA Stock  CAD 0.19  0.01  5.00%   
DynaCERT financial indicator trend analysis is much more than just examining DynaCERT latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DynaCERT is a good investment. Please check the relationship between DynaCERT Price To Sales Ratio and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DynaCERT. 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 Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DynaCERT Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between DynaCERT's Price To Sales Ratio and Free Cash Flow Yield is -0.32. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of DynaCERT, assuming nothing else is changed. The correlation between historical values of DynaCERT's Price To Sales Ratio and Free Cash Flow 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 DynaCERT are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., DynaCERT's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from DynaCERT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DynaCERT 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DynaCERT. 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.
As of the 12th of December 2024, Selling General Administrative is likely to drop to about 3.6 M. In addition to that, Issuance Of Capital Stock is likely to drop to about 935.2 K
 2021 2022 2023 2024 (projected)
Total Operating Expenses11.5M9.2M5.0M4.6M
Cost Of Revenue2.2M2.3M3.1M3.3M

DynaCERT fundamental ratios Correlations

-0.270.980.5-0.92-0.55-0.080.940.67-0.680.940.880.650.630.07-0.220.990.74-0.260.020.29-0.220.270.270.920.15
-0.27-0.44-0.350.47-0.170.7-0.33-0.060.25-0.33-0.090.080.090.090.97-0.290.040.850.470.520.55-0.31-0.27-0.240.26
0.98-0.440.48-0.97-0.41-0.270.960.6-0.670.960.840.520.51-0.02-0.40.980.65-0.44-0.050.15-0.320.280.280.920.06
0.5-0.350.48-0.38-0.550.280.290.55-0.370.290.450.620.580.21-0.250.440.57-0.52-0.02-0.09-0.680.530.750.430.16
-0.920.47-0.97-0.380.250.36-0.98-0.410.51-0.98-0.79-0.37-0.350.230.48-0.96-0.50.490.06-0.090.29-0.16-0.16-0.890.11
-0.55-0.17-0.41-0.550.25-0.52-0.29-0.850.53-0.29-0.41-0.98-0.97-0.52-0.3-0.44-0.92-0.150.09-0.480.0-0.26-0.16-0.39-0.72
-0.080.7-0.270.280.36-0.52-0.30.170.12-0.30.040.470.50.260.73-0.140.290.480.460.410.05-0.190.03-0.090.34
0.94-0.330.960.29-0.98-0.29-0.30.44-0.521.00.810.410.38-0.18-0.340.970.53-0.32-0.020.21-0.130.140.10.89-0.06
0.67-0.060.60.55-0.41-0.850.170.44-0.820.440.520.840.820.590.110.550.92-0.01-0.090.36-0.130.570.390.530.72
-0.680.25-0.67-0.370.510.530.12-0.52-0.82-0.52-0.51-0.52-0.6-0.490.1-0.6-0.710.16-0.16-0.230.32-0.38-0.33-0.61-0.55
0.94-0.330.960.29-0.98-0.29-0.31.00.44-0.520.810.410.38-0.18-0.340.970.53-0.32-0.020.21-0.130.140.10.89-0.06
0.88-0.090.840.45-0.79-0.410.040.810.52-0.510.810.510.49-0.09-0.090.880.6-0.210.180.31-0.240.170.350.94-0.06
0.650.080.520.62-0.37-0.980.470.410.84-0.520.410.510.970.440.20.550.920.07-0.130.45-0.030.290.210.480.61
0.630.090.510.58-0.35-0.970.50.380.82-0.60.380.490.970.480.220.530.920.060.010.46-0.120.150.140.480.68
0.070.09-0.020.210.23-0.520.26-0.180.59-0.49-0.18-0.090.440.480.33-0.050.420.31-0.020.230.030.310.28-0.180.75
-0.220.97-0.4-0.250.48-0.30.73-0.340.110.1-0.34-0.090.20.220.33-0.270.170.850.450.550.49-0.21-0.17-0.250.45
0.99-0.290.980.44-0.96-0.44-0.140.970.55-0.60.970.880.550.53-0.05-0.270.64-0.30.050.25-0.220.180.230.930.02
0.740.040.650.57-0.5-0.920.290.530.92-0.710.530.60.920.920.420.170.64-0.04-0.050.44-0.140.310.220.610.7
-0.260.85-0.44-0.520.49-0.150.48-0.32-0.010.16-0.32-0.210.070.060.310.85-0.3-0.040.210.540.81-0.19-0.33-0.350.28
0.020.47-0.05-0.020.060.090.46-0.02-0.09-0.16-0.020.18-0.130.01-0.020.450.05-0.050.210.16-0.28-0.360.030.180.02
0.290.520.15-0.09-0.09-0.480.410.210.36-0.230.210.310.450.460.230.550.250.440.540.160.4-0.13-0.20.230.4
-0.220.55-0.32-0.680.290.00.05-0.13-0.130.32-0.13-0.24-0.03-0.120.030.49-0.22-0.140.81-0.280.4-0.15-0.52-0.330.06
0.27-0.310.280.53-0.16-0.26-0.190.140.57-0.380.140.170.290.150.31-0.210.180.31-0.19-0.36-0.13-0.150.770.150.14
0.27-0.270.280.75-0.16-0.160.030.10.39-0.330.10.350.210.140.28-0.170.230.22-0.330.03-0.2-0.520.770.24-0.06
0.92-0.240.920.43-0.89-0.39-0.090.890.53-0.610.890.940.480.48-0.18-0.250.930.61-0.350.180.23-0.330.150.24-0.04
0.150.260.060.160.11-0.720.34-0.060.72-0.55-0.06-0.060.610.680.750.450.020.70.280.020.40.060.14-0.06-0.04
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DynaCERT Account Relationship Matchups

DynaCERT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.6M27.5M16.8M7.1M5.6M6.9M
Total Current Liabilities1.5M1.1M1.9M2.0M5.0M2.9M
Total Stockholder Equity18.9M26.3M13.5M4.1M61.4K58.3K
Current Deferred Revenue272.6K233.4K160.1K112.0K475.8K499.6K
Net Debt(15.9M)(18.8M)(6.5M)1.2M1.7M1.7M
Retained Earnings(62.9M)(76.6M)(91.0M)(98.5M)(104.5M)(99.2M)
Accounts Payable900.3K835.5K1.3M1.2M2.8M2.9M
Cash16.3M18.8M8.3M156.5K247.3K234.9K
Non Current Assets Total1.4M3.2M4.8M3.8M2.9M1.6M
Cash And Short Term Investments16.3M18.8M8.3M156.5K247.3K234.9K
Net Receivables634.4K1.5M445.5K260.5K386.5K279.5K
Common Stock Total Equity35.4M43.1M69.9M89.7M103.1M108.3M
Common Stock Shares Outstanding291.8M354.7M381.3M381.6M382.3M401.4M
Liabilities And Stockholders Equity20.6M27.5M16.8M7.1M5.6M6.9M
Non Current Liabilities Total87.4K4.8K1.4M967.6K552.5K693.5K
Total Liab1.6M1.2M3.3M3.0M5.6M3.2M
Total Current Assets19.2M24.3M12.0M3.3M2.7M4.8M
Common Stock69.9M89.7M90.6M90.5M94.8M53.9M
Other Current Liab948.0K835.5K1.3M329.3K404.6K384.4K
Other Stockholder Equity11.9M13.3M13.9M12.1M13.9M12.9M
Short Term Debt327.0K77.9K403.7K436.7K1.3M2.1M
Property Plant And Equipment Net923.2K1.8M3.8M2.9M2.1M1.6M
Inventory1.5M2.3M2.8M2.6M2.0M1.9M
Other Current Assets762.6K1.6M488.5K289.8K116.1K110.3K
Accumulated Other Comprehensive Income(2.0M)(2.2M)13.9M12.1M9.8M10.3M
Intangible Assets437.8K730.6K957.6K885.5K789.1K828.6K
Net Tangible Assets209.8K18.5M25.6M12.6M14.4M11.2M
Property Plant Equipment543.0K923.2K1.8M3.8M4.4M4.6M
Net Invested Capital19.2M26.4M13.5M4.1M969.7K921.2K
Net Working Capital17.7M23.2M10.2M1.3M(2.3M)(2.2M)
Capital Stock69.9M89.7M90.6M90.5M94.8M87.7M

Pair Trading with DynaCERT

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 DynaCERT 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 DynaCERT will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to DynaCERT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DynaCERT 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 DynaCERT - 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 DynaCERT to buy it.
The correlation of DynaCERT 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 DynaCERT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DynaCERT 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 DynaCERT 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 DynaCERT Stock

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