Postmedia Common Stock vs Net Receivables Analysis

PNC-A Stock

CAD 1.25 0.07 5.30%

Postmedia Network financial indicator trend analysis is much more than just breaking down Postmedia Network Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postmedia Network Canada is a good investment. Please check the relationship between Postmedia Network Common Stock and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Postmedia Network Canada Common Stock account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Postmedia Network's Common Stock and Net Receivables is -0.6. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Postmedia Network Canada, assuming nothing else is changed. The correlation between historical values of Postmedia Network's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Postmedia Network Canada are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., Postmedia Network's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Common Stock

Net Receivables

Most indicators from Postmedia Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postmedia Network Canada 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Postmedia Network Canada. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Discontinued Operations is likely to drop to about 676.3 K in 2024. Selling General Administrative is likely to drop to about 89.5 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	370.9M	374.7M	337.3M	368.4M
Total Revenue	458.2M	448.5M	403.6M	446.6M

Gross Profit Total Revenue

Postmedia Network fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock
Total Assets		0.96	0.95	0.93	0.84	0.77	0.65	0.89	-0.55	-0.1	0.99	0.45	-0.58	-0.58	0.9	-0.72	0.49	0.84	0.93	0.92	0.98	0.87	0.97	-0.3	0.96	-0.6
Other Current Liab	0.96		0.97	0.87	0.73	0.74	0.78	0.86	-0.35	-0.32	0.98	0.39	-0.68	-0.39	0.89	-0.59	0.39	0.92	0.92	0.9	0.97	0.91	0.87	-0.52	0.96	-0.49
Total Current Liabilities	0.95	0.97		0.82	0.72	0.7	0.84	0.81	-0.3	-0.32	0.95	0.4	-0.59	-0.36	0.83	-0.55	0.45	0.86	0.98	0.94	0.96	0.98	0.89	-0.54	0.91	-0.47
Total Stockholder Equity	0.93	0.87	0.82		0.75	0.86	0.52	0.96	-0.6	0.08	0.92	0.61	-0.47	-0.66	0.85	-0.77	0.48	0.81	0.81	0.82	0.95	0.7	0.9	-0.09	0.93	-0.66
Other Liab	0.84	0.73	0.72	0.75		0.46	0.42	0.71	-0.73	-0.02	0.81	0.37	-0.64	-0.6	0.91	-0.67	0.63	0.5	0.76	0.79	0.75	0.64	0.88	0.01	0.81	-0.54
Net Tangible Assets	0.77	0.74	0.7	0.86	0.46		0.38	0.9	-0.49	0.17	0.77	0.36	-0.13	-0.39	0.56	-0.52	0.17	0.66	0.64	0.61	0.81	0.59	0.72	-0.18	0.76	-0.38
Net Debt	0.65	0.78	0.84	0.52	0.42	0.38		0.51	0.12	-0.63	0.69	0.41	-0.64	0.0	0.64	-0.26	0.43	0.74	0.82	0.81	0.73	0.88	0.55	-0.74	0.71	-0.28
Retained Earnings	0.89	0.86	0.81	0.96	0.71	0.9	0.51		-0.5	0.01	0.9	0.43	-0.45	-0.46	0.81	-0.57	0.36	0.77	0.79	0.76	0.92	0.71	0.85	-0.19	0.91	-0.42
Accounts Payable	-0.55	-0.35	-0.3	-0.6	-0.73	-0.49	0.12	-0.5		-0.53	-0.49	-0.4	0.1	0.78	-0.56	0.78	-0.47	-0.14	-0.35	-0.41	-0.45	-0.17	-0.65	-0.51	-0.5	0.65
Cash	-0.1	-0.32	-0.32	0.08	-0.02	0.17	-0.63	0.01	-0.53		-0.19	0.24	0.6	-0.43	-0.24	-0.31	0.22	-0.36	-0.27	-0.17	-0.15	-0.41	0.06	0.85	-0.22	-0.27
Non Current Assets Total	0.99	0.98	0.95	0.92	0.81	0.77	0.69	0.9	-0.49	-0.19		0.43	-0.63	-0.52	0.91	-0.68	0.44	0.88	0.92	0.9	0.98	0.88	0.94	-0.38	0.97	-0.57
Non Currrent Assets Other	0.45	0.39	0.4	0.61	0.37	0.36	0.41	0.43	-0.4	0.24	0.43		-0.25	-0.61	0.5	-0.75	0.79	0.44	0.44	0.6	0.54	0.3	0.47	0.23	0.52	-0.83
Other Assets	-0.58	-0.68	-0.59	-0.47	-0.64	-0.13	-0.64	-0.45	0.1	0.6	-0.63	-0.25		0.15	-0.81	0.32	-0.4	-0.65	-0.54	-0.61	-0.56	-0.53	-0.45	0.44	-0.7	0.3
Long Term Debt	-0.58	-0.39	-0.36	-0.66	-0.6	-0.39	0.0	-0.46	0.78	-0.43	-0.52	-0.61	0.15		-0.55	0.93	-0.46	-0.39	-0.42	-0.45	-0.52	-0.24	-0.66	-0.44	-0.5	0.89
Net Receivables	0.9	0.89	0.83	0.85	0.91	0.56	0.64	0.81	-0.56	-0.24	0.91	0.5	-0.81	-0.55		-0.7	0.58	0.76	0.82	0.86	0.88	0.74	0.85	-0.22	0.95	-0.6
Common Stock Shares Outstanding	-0.72	-0.59	-0.55	-0.77	-0.67	-0.52	-0.26	-0.57	0.78	-0.31	-0.68	-0.75	0.32	0.93	-0.7		-0.62	-0.55	-0.57	-0.66	-0.69	-0.42	-0.75	-0.24	-0.68	0.97
Non Current Liabilities Total	0.49	0.39	0.45	0.48	0.63	0.17	0.43	0.36	-0.47	0.22	0.44	0.79	-0.4	-0.46	0.58	-0.62		0.26	0.51	0.72	0.48	0.4	0.57	0.22	0.5	-0.64
Inventory	0.84	0.92	0.86	0.81	0.5	0.66	0.74	0.77	-0.14	-0.36	0.88	0.44	-0.65	-0.39	0.76	-0.55	0.26		0.79	0.76	0.89	0.78	0.71	-0.55	0.86	-0.51
Other Current Assets	0.93	0.92	0.98	0.81	0.76	0.64	0.82	0.79	-0.35	-0.27	0.92	0.44	-0.54	-0.42	0.82	-0.57	0.51	0.79		0.95	0.94	0.97	0.92	-0.44	0.88	-0.49
Total Liab	0.92	0.9	0.94	0.82	0.79	0.61	0.81	0.76	-0.41	-0.17	0.9	0.6	-0.61	-0.45	0.86	-0.66	0.72	0.76	0.95		0.93	0.91	0.91	-0.34	0.89	-0.6
Net Invested Capital	0.98	0.97	0.96	0.95	0.75	0.81	0.73	0.92	-0.45	-0.15	0.98	0.54	-0.56	-0.52	0.88	-0.69	0.48	0.89	0.94	0.93		0.88	0.93	-0.36	0.97	-0.6
Short Long Term Debt	0.87	0.91	0.98	0.7	0.64	0.59	0.88	0.71	-0.17	-0.41	0.88	0.3	-0.53	-0.24	0.74	-0.42	0.4	0.78	0.97	0.91	0.88		0.83	-0.62	0.82	-0.35
Total Current Assets	0.97	0.87	0.89	0.9	0.88	0.72	0.55	0.85	-0.65	0.06	0.94	0.47	-0.45	-0.66	0.85	-0.75	0.57	0.71	0.92	0.91	0.93	0.83		-0.13	0.88	-0.63
Net Working Capital	-0.3	-0.52	-0.54	-0.09	0.01	-0.18	-0.74	-0.19	-0.51	0.85	-0.38	0.23	0.44	-0.44	-0.22	-0.24	0.22	-0.55	-0.44	-0.34	-0.36	-0.62	-0.13		-0.34	-0.24
Intangible Assets	0.96	0.96	0.91	0.93	0.81	0.76	0.71	0.91	-0.5	-0.22	0.97	0.52	-0.7	-0.5	0.95	-0.68	0.5	0.86	0.88	0.89	0.97	0.82	0.88	-0.34		-0.58
Common Stock	-0.6	-0.49	-0.47	-0.66	-0.54	-0.38	-0.28	-0.42	0.65	-0.27	-0.57	-0.83	0.3	0.89	-0.6	0.97	-0.64	-0.51	-0.49	-0.6	-0.6	-0.35	-0.63	-0.24	-0.58

Click cells to compare fundamentals

Postmedia Network Account Relationship Matchups

Postmedia Network fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	336.9M	276.2M	211.4M	169.4M	152.4M	240.9M
Other Current Liab	31.8M	31.2M	24.6M	25.0M	22.5M	28.9M
Total Current Liabilities	109.1M	89.7M	85.8M	89.7M	80.8M	89.2M
Total Stockholder Equity	(164.2M)	(139.7M)	(201.2M)	(272.3M)	(245.1M)	(257.3M)
Other Liab	94.5M	101.9M	44.8M	38.2M	34.4M	57.7M
Net Tangible Assets	(196.8M)	(205.6M)	(163.5M)	(219.2M)	(197.2M)	(207.1M)
Net Debt	223.6M	193.7M	261.8M	304.1M	273.7M	205.9M
Retained Earnings	(991.0M)	(967.1M)	(1.0B)	(1.1B)	(1.0B)	(1.1B)
Accounts Payable	11.6M	12.0M	17.9M	16.3M	18.7M	15.1M
Cash	49.8M	62.0M	12.1M	6.2M	7.1M	6.8M
Non Current Assets Total	176.3M	142.7M	118.5M	94.7M	85.2M	139.3M
Other Assets	2.8M	3.3M	6.9M	3.7M	4.3M	4.0M
Long Term Debt	253.0M	248.3M	260.9M	292.5M	336.4M	287.9M
Net Receivables	65.5M	41.3M	49.1M	46.8M	42.1M	47.7M
Non Current Liabilities Total	392.0M	326.2M	326.8M	351.9M	316.7M	276.9M
Inventory	3.3M	3.3M	5.0M	3.4M	3.1M	3.5M
Other Current Assets	31.6M	18.2M	18.5M	8.8M	8.0M	7.6M
Total Liab	501.1M	415.9M	412.6M	441.7M	397.5M	366.0M
Net Invested Capital	109.1M	116.0M	72.7M	38.0M	34.2M	32.5M
Short Long Term Debt	20.4M	7.4M	13M	17.8M	16.0M	17.3M
Total Current Assets	160.6M	133.5M	92.9M	74.7M	67.3M	101.6M
Net Working Capital	51.5M	43.7M	7.1M	(15.0M)	(17.3M)	(16.4M)
Intangible Assets	41.3M	23.8M	17.9M	16.2M	14.6M	13.9M
Property Plant Equipment	109.9M	131.6M	112.0M	96.8M	87.2M	106.6M

Pair Trading with Postmedia Network

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 Postmedia Network 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 Postmedia Network will appreciate offsetting losses from the drop in the long position's value.

Moving against Postmedia Stock

0.68	RY	Royal Bank Earnings Call This Week	Pair Corr
0.58	RY-PJ	Royal Bank Earnings Call This Week	Pair Corr
0.57	BOFA	Bank of America	Pair Corr
0.54	RY-PM	Royal Bank Earnings Call This Week	Pair Corr
0.51	RY-PS	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Postmedia Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Postmedia Network 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 Postmedia Network - 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 Postmedia Network Canada to buy it.

The correlation of Postmedia Network 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 Postmedia Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Postmedia Network Canada 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 Postmedia Network 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 Correlation Correlation Matching

Additional Tools for Postmedia Stock Analysis

When running Postmedia Network's price analysis, check to measure Postmedia Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Postmedia Network is operating at the current time. Most of Postmedia Network's value examination focuses on studying past and present price action to predict the probability of Postmedia Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Postmedia Network's price. Additionally, you may evaluate how the addition of Postmedia Network to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC