Blue Dividend Yield vs Price To Sales Ratio Analysis

RBN-UN Stock  CAD 8.46  0.05  0.59%   
Blue Ribbon financial indicator trend analysis is way more than just evaluating Blue Ribbon Income prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Ribbon Income is a good investment. Please check the relationship between Blue Ribbon Dividend Yield and its Price To Sales Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Blue Ribbon Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Dividend Yield vs Price To Sales Ratio

Dividend Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Ribbon Income Dividend Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Blue Ribbon's Dividend Yield and Price To Sales Ratio is -0.29. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Blue Ribbon Income, assuming nothing else is changed. The correlation between historical values of Blue Ribbon's Dividend Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Blue Ribbon Income are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Dividend Yield i.e., Blue Ribbon's Dividend Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is Blue Ribbon Income dividend as a percentage of Blue Ribbon stock price. Blue Ribbon Income dividend yield is a measure of Blue Ribbon stock productivity, which can be interpreted as interest rate earned on an Blue Ribbon 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.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Blue Ribbon Income stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Blue Ribbon sales, a figure that is much harder to manipulate than other Blue Ribbon Income 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.
Most indicators from Blue Ribbon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Ribbon Income 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 Blue Ribbon Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At present, Blue Ribbon's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.16, whereas Enterprise Value is forecasted to decline to about 65.2 M.

Blue Ribbon fundamental ratios Correlations

0.270.781.0-0.750.620.750.990.750.920.910.210.310.780.77-0.630.94-0.950.960.930.90.890.70.44
0.270.710.26-0.22-0.450.220.250.220.590.320.210.880.710.29-0.820.31-0.010.110.120.080.070.01-0.03
0.780.710.77-0.630.180.630.760.630.940.770.270.651.00.68-0.870.74-0.60.640.640.570.550.430.25
1.00.260.77-0.750.620.750.990.750.910.910.210.30.770.77-0.620.94-0.960.960.940.910.890.710.44
-0.75-0.22-0.63-0.75-0.49-1.0-0.66-1.0-0.69-0.56-0.4-0.07-0.63-1.00.66-0.640.61-0.68-0.63-0.57-0.54-0.38-0.21
0.62-0.450.180.62-0.490.490.610.490.370.480.29-0.20.180.46-0.040.52-0.730.730.70.620.60.480.28
0.750.220.630.75-1.00.490.661.00.690.560.40.070.631.0-0.660.64-0.610.680.630.570.540.380.21
0.990.250.760.99-0.660.610.660.660.910.930.160.330.760.68-0.580.95-0.970.960.940.920.910.730.46
0.750.220.630.75-1.00.491.00.660.690.560.40.070.631.0-0.660.64-0.610.680.630.570.540.380.21
0.920.590.940.91-0.690.370.690.910.690.890.280.60.940.73-0.830.88-0.780.830.820.770.740.550.31
0.910.320.770.91-0.560.480.560.930.560.890.020.390.770.6-0.570.97-0.890.920.930.930.890.710.27
0.210.210.270.21-0.40.290.40.160.40.280.020.170.270.4-0.3-0.02-0.10.220.11-0.1-0.14-0.36-0.31
0.310.880.650.3-0.07-0.20.070.330.070.60.390.170.650.14-0.770.39-0.110.220.250.210.20.150.11
0.780.711.00.77-0.630.180.630.760.630.940.770.270.650.68-0.870.74-0.60.640.640.570.550.430.25
0.770.290.680.77-1.00.461.00.681.00.730.60.40.140.68-0.710.66-0.620.690.650.590.560.390.22
-0.63-0.82-0.87-0.620.66-0.04-0.66-0.58-0.66-0.83-0.57-0.3-0.77-0.87-0.71-0.620.38-0.48-0.5-0.43-0.42-0.34-0.27
0.940.310.740.94-0.640.520.640.950.640.880.97-0.020.390.740.66-0.62-0.90.930.940.970.950.760.36
-0.95-0.01-0.6-0.960.61-0.73-0.61-0.97-0.61-0.78-0.89-0.1-0.11-0.6-0.620.38-0.9-0.97-0.94-0.93-0.92-0.75-0.46
0.960.110.640.96-0.680.730.680.960.680.830.920.220.220.640.69-0.480.93-0.970.960.940.910.690.3
0.930.120.640.94-0.630.70.630.940.630.820.930.110.250.640.65-0.50.94-0.940.960.940.910.740.37
0.90.080.570.91-0.570.620.570.920.570.770.93-0.10.210.570.59-0.430.97-0.930.940.940.980.80.39
0.890.070.550.89-0.540.60.540.910.540.740.89-0.140.20.550.56-0.420.95-0.920.910.910.980.810.46
0.70.010.430.71-0.380.480.380.730.380.550.71-0.360.150.430.39-0.340.76-0.750.690.740.80.810.66
0.44-0.030.250.44-0.210.280.210.460.210.310.27-0.310.110.250.22-0.270.36-0.460.30.370.390.460.66
Click cells to compare fundamentals

Blue Ribbon Account Relationship Matchups

Blue Ribbon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.9M87.2M89.9M73.4M67.1M63.8M
Other Current Liab(405.5K)(257.8K)(177.9K)(33.5K)370.5K393.7K
Total Current Liabilities1.0M706.5K627.6K449.5K475.0K451.3K
Total Stockholder Equity111.9M86.5M89.2M72.9M66.7M63.3M
Net Debt(386.4K)(1.2M)(1.1M)(1.2M)(1.9M)(2.0M)
Accounts Payable405.5K257.8K177.9K33.5K104.5K99.3K
Cash386.4K1.2M1.1M1.2M1.9M1.8M
Non Current Assets Total112.2M85.8M88.5M71.8M65.0M61.7M
Cash And Short Term Investments386.4K1.2M1.1M1.2M1.9M1.8M
Net Receivables388.9K256.5K297.5K322.5K325.5K309.2K
Common Stock Shares Outstanding14.1M12.6M11.1M10.2M9.5M16.4M
Liabilities And Stockholders Equity112.9M87.2M89.9M73.4M67.1M63.8M
Other Current Assets(166.2M)(111.2M)(112.9M)(87.2M)(89.9M)47.0K
Total Liab1.0M706.5K627.6K449.5K475.0K451.3K
Total Current Assets775.3K1.4M1.4M1.6M2.2M2.1M
Short Term Investments112.2M85.8M88.5M71.8M65.0M104.8M
Non Currrent Assets Other(112.2M)(85.8M)(88.5M)(71.8M)(65.0M)(68.2M)
Common Stock111.9M86.5M89.2M72.9M66.7M126.2M
Non Current Liabilities Total1.0M706.5K627.6K449.5K475.0K833.4K
Inventory112.9M87.2M89.9M73.3M66.0M103.0M
Net Tangible Assets110.1M111.9M86.5M89.2M80.3M90.0M
Long Term Investments112.2M85.8M88.5M71.8M65.0M70.9M

Pair Trading with Blue Ribbon

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

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