Life Ev To Sales vs Dividend Yield Analysis

LBS Stock  CAD 9.64  0.06  0.62%   
Life Banc financial indicator trend analysis is infinitely more than just investigating Life Banc Split recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Life Banc Split is a good investment. Please check the relationship between Life Banc Ev To Sales and its Dividend Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Banc Split. 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.

Ev To Sales vs Dividend Yield

Ev To Sales vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Life Banc Split Ev To Sales account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Life Banc's Ev To Sales and Dividend Yield is -0.47. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Life Banc Split, assuming nothing else is changed. The correlation between historical values of Life Banc's Ev To Sales 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 Ev To Sales of Life Banc Split 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 Ev To Sales i.e., Life Banc's Ev To Sales and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Dividend Yield

Dividend Yield is Life Banc Split dividend as a percentage of Life Banc stock price. Life Banc Split dividend yield is a measure of Life Banc stock productivity, which can be interpreted as interest rate earned on an Life Banc 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 Life Banc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Life Banc Split 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life Banc Split. 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, Life Banc's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 257.3 M, while Sales General And Administrative To Revenue is likely to drop 0.

Life Banc fundamental ratios Correlations

0.940.230.22-0.890.460.250.950.830.290.340.310.960.92-0.640.90.420.910.470.740.910.850.950.640.90.92
0.940.440.25-0.840.430.170.790.80.190.260.270.840.76-0.540.80.360.790.480.650.820.860.810.570.910.77
0.230.440.11-0.230.18-0.260.060.360.03-0.040.08-0.020.01-0.080.050.070.120.030.120.090.060.090.10.070.09
0.220.250.110.03-0.68-0.020.190.09-0.53-0.79-0.80.180.060.220.1-0.740.20.16-0.330.00.040.070.270.170.22
-0.89-0.84-0.230.03-0.73-0.22-0.85-0.92-0.49-0.61-0.58-0.87-0.870.77-0.84-0.69-0.87-0.45-0.79-0.86-0.82-0.92-0.65-0.87-0.86
0.460.430.18-0.68-0.730.20.440.60.710.930.920.480.52-0.690.520.980.480.190.790.580.510.570.310.470.43
0.250.17-0.26-0.02-0.220.20.310.10.120.110.080.380.28-0.240.30.160.10.210.040.280.350.310.010.340.28
0.950.790.060.19-0.850.440.310.780.30.350.30.950.96-0.710.860.410.920.360.720.860.740.980.660.80.96
0.830.80.360.09-0.920.60.10.780.290.460.450.770.78-0.730.760.550.810.410.670.770.670.830.750.770.84
0.290.190.03-0.53-0.490.710.120.30.290.70.680.320.4-0.20.420.720.350.30.570.460.270.420.220.240.22
0.340.26-0.04-0.79-0.610.930.110.350.460.70.990.360.49-0.630.40.980.330.160.670.50.470.490.150.40.33
0.310.270.08-0.8-0.580.920.080.30.450.680.990.290.45-0.60.340.970.260.140.620.460.450.450.080.370.29
0.960.84-0.020.18-0.870.480.380.950.770.320.360.290.92-0.650.920.440.930.460.760.90.840.940.680.890.91
0.920.760.010.06-0.870.520.280.960.780.40.490.450.92-0.70.850.520.850.430.70.890.80.990.560.830.93
-0.64-0.54-0.080.220.77-0.69-0.24-0.71-0.73-0.2-0.63-0.6-0.65-0.7-0.6-0.68-0.66-0.17-0.67-0.63-0.57-0.73-0.48-0.6-0.79
0.90.80.050.1-0.840.520.30.860.760.420.40.340.920.85-0.60.480.880.710.780.980.760.890.680.820.87
0.420.360.07-0.74-0.690.980.160.410.550.720.980.970.440.52-0.680.480.430.180.750.560.510.550.240.450.4
0.910.790.120.2-0.870.480.10.920.810.350.330.260.930.85-0.660.880.430.370.830.840.660.90.810.760.9
0.470.480.030.16-0.450.190.210.360.410.30.160.140.460.43-0.170.710.180.370.250.710.50.430.290.540.45
0.740.650.12-0.33-0.790.790.040.720.670.570.670.620.760.7-0.670.780.750.830.250.780.60.750.640.610.67
0.910.820.090.0-0.860.580.280.860.770.460.50.460.90.89-0.630.980.560.840.710.780.810.90.60.840.87
0.850.860.060.04-0.820.510.350.740.670.270.470.450.840.8-0.570.760.510.660.50.60.810.80.320.970.7
0.950.810.090.07-0.920.570.310.980.830.420.490.450.940.99-0.730.890.550.90.430.750.90.80.620.840.95
0.640.570.10.27-0.650.310.010.660.750.220.150.080.680.56-0.480.680.240.810.290.640.60.320.620.520.69
0.90.910.070.17-0.870.470.340.80.770.240.40.370.890.83-0.60.820.450.760.540.610.840.970.840.520.79
0.920.770.090.22-0.860.430.280.960.840.220.330.290.910.93-0.790.870.40.90.450.670.870.70.950.690.79
Click cells to compare fundamentals

Life Banc Account Relationship Matchups

Life Banc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets496.9M448.8M606.5M608.2M730.3M404.0M
Total Stockholder Equity217.0M174.1M301.0M247.3M309.7M179.7M
Non Current Assets Total493.7M445.7M602.1M603.7M(72.2K)(68.6K)
Non Currrent Assets Other(493.7M)(445.7M)(602.1M)(603.7M)(725.5M)(689.2M)
Other Assets39.9K54.9K24.6K28.9K730.3M766.8M
Net Receivables1.2M1.1M1.9M1.5M1.8M1.3M
Liabilities And Stockholders Equity496.9M448.8M606.5M608.2M730.3M404.0M
Other Stockholder Equity223.2M153.1M301.0M309.7M356.2M374.0M
Total Liab6.8M6.5M7.1M360.9M420.6M441.6M
Total Current Assets3.1M3.1M4.4M4.5M730.4M766.9M
Cash And Short Term Investments2.0M2.0M2.4M3.0M728.4M764.8M
Short Term Investments493.7M445.7M602.1M603.7M725.5M422.2M
Short Term Debt273.0M268.2M298.2M352.0M408.2M262.6M
Other Current Liab(279.8M)(274.7M)(305.3M)(8.3M)(419.5M)(398.5M)
Accounts Payable6.8M6.5M7.1M8.3M11.3M6.5M
Total Current Liabilities6.8M6.5M7.1M8.3M431.6M453.2M
Net Debt271.0M266.2M295.7M349.0M405.3M249.8M
Cash2.0M2.0M2.4M3.0M2.9M2.4M
Non Current Liabilities Total6.9M6.5M7.4M8.3M12.4M7.0M
Common Stock217.0M174.1M301.0M247.3M309.7M223.7M
Short Long Term Debt Total273.0M268.2M298.2M352.0M408.2M275.1M
Other Current Assets79.8K109.9K49.2K57.9K144.3K151.5K
Net Tangible Assets217.0M174.1M301.0M247.3M284.4M217.2M
Long Term Investments493.7M445.7M602.1M603.7M725.5M563.4M
Current Deferred Revenue(266.1M)(261.7M)(291.0M)(343.7M)(396.9M)(416.7M)

Pair Trading with Life Banc

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 Life Banc 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 Life Banc will appreciate offsetting losses from the drop in the long position's value.

Moving against Life Stock

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The ability to find closely correlated positions to Life Banc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life Banc 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 Life Banc - 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 Life Banc Split to buy it.
The correlation of Life Banc 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 Life Banc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Life Banc Split 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 Life Banc 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 Life Stock

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