East Pb Ratio vs Dividend Yield Analysis
EAGR Stock | 0.62 0.02 3.33% |
East Side financial indicator trend analysis is much more than just examining East Side Games latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East Side Games is a good investment. Please check the relationship between East Side Pb Ratio and its Dividend Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East Side Games. 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.
Pb Ratio vs Dividend Yield
Pb Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East Side Games Pb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between East Side's Pb Ratio and Dividend Yield is -0.52. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of East Side Games, assuming nothing else is changed. The correlation between historical values of East Side's Pb 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 Pb Ratio of East Side Games 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 Pb Ratio i.e., East Side's Pb Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Pb Ratio
Dividend Yield
Dividend Yield is East Side Games dividend as a percentage of East Side stock price. East Side Games dividend yield is a measure of East Side stock productivity, which can be interpreted as interest rate earned on an East Side 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 East Side's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East Side Games 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 East Side Games. 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, East Side's Issuance Of Capital Stock is very stable compared to the past year. As of the 4th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 9.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 59.9M | 59.7M | 42.9M | 34.2M | Total Revenue | 93.2M | 116.3M | 87.0M | 65.4M |
East Side fundamental ratios Correlations
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East Side Account Relationship Matchups
High Positive Relationship
High Negative Relationship
East Side fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3M | 21.0M | 82.3M | 80.2M | 69.5M | 43.6M | |
Other Current Liab | 2.6M | 329.2K | 20.7M | 4.5M | 4.1M | 5.1M | |
Total Current Liabilities | 233.8K | 8.9M | 33.8M | 19.8M | 14.1M | 12.7M | |
Total Stockholder Equity | 1.1M | 10.8M | 24.0M | 48.5M | 48.9M | 51.3M | |
Property Plant And Equipment Net | 823.8K | 90.7K | 680.7K | 545.5K | 423.6K | 502.5K | |
Net Debt | 273.0K | (6.9M) | (9.1M) | (4.8M) | (5.2M) | (5.5M) | |
Retained Earnings | (519.0K) | (4.9M) | (58.1M) | (47.2M) | (47.1M) | (44.7M) | |
Accounts Payable | 233.8K | 8.5M | 12.0M | 11.3M | 8.4M | 7.0M | |
Cash | 32.6K | 7.2M | 9.2M | 5.7M | 5.2M | 4.7M | |
Non Current Assets Total | 1.2M | 10.3M | 58.6M | 61.8M | 48.4M | 28.8M | |
Non Currrent Assets Other | (1.2M) | 1.5M | 2.8M | 1.1M | 153.8K | 146.1K | |
Cash And Short Term Investments | 32.6K | 7.2M | 9.2M | 5.7M | 5.2M | 6.3M | |
Net Receivables | 20.5K | 3.4M | 11.8M | 11.0M | 11.1M | 6.7M | |
Common Stock Shares Outstanding | 550K | 43.6M | 73.5M | 80.5M | 81.5M | 44.1M | |
Short Term Investments | 3.5M | 5.2M | 0.0 | 48.9K | 44.0K | 41.8K | |
Liabilities And Stockholders Equity | 1.3M | 21.0M | 82.3M | 80.2M | 69.5M | 43.4M | |
Other Current Assets | 2K | 627.4K | 1.1M | 1.7M | 4.7M | 5.0M | |
Other Stockholder Equity | (59.8K) | 763.6K | 7.4M | 7.4M | 8.2M | 8.6M | |
Total Liab | 233.8K | 10.2M | 58.3M | 31.7M | 20.6M | 19.7M | |
Total Current Assets | 1.3M | 10.7M | 23.7M | 18.4M | 21.1M | 14.9M | |
Common Stock | 1.6M | 14.9M | 74.8M | 88.3M | 87.8M | 92.2M | |
Other Assets | (1.2M) | 1.5M | 4.8M | 1.0 | 1.15 | 1.09 |
Pair Trading with East Side
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 East Side 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 East Side will appreciate offsetting losses from the drop in the long position's value.Moving against East Stock
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The ability to find closely correlated positions to East Side could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East Side 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 East Side - 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 East Side Games to buy it.
The correlation of East Side 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 East Side moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East Side Games 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 East Side 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 East Stock
Balance Sheet is a snapshot of the financial position of East Side Games at a specified time, usually calculated after every quarter, six months, or one year. East Side Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of East Side 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 East currently owns. An asset can also be divided into two categories, current and non-current.