| REAL Stock | | | CAD 6.76 0.06 0.90% |
Real Matters financial indicator trend analysis is much more than just breaking down Real Matters prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Real Matters is a good investment. Please check the relationship between Real Matters Book Value Per Share and its Capex To Depreciation accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Matters. 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.
Book Value Per Share vs Capex To Depreciation
Book Value Per Share vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Real Matters Book Value Per Share account and
Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Real Matters' Book Value Per Share and Capex To Depreciation is -0.68. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Real Matters, assuming nothing else is changed. The correlation between historical values of Real Matters' Book Value Per Share and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Real Matters are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Book Value Per Share i.e., Real Matters' Book Value Per Share and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Real Matters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Real Matters 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 Real Matters. 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, Real Matters'
Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.24, though
Tax Provision is likely to grow to (3.2
M).
Real Matters fundamental ratios Correlations
Click cells to compare fundamentals
Real Matters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Real Matters fundamental ratios Accounts
Pair Trading with Real Matters
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 Real Matters 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 Real Matters will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Real Matters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Real Matters 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 Real Matters - 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 Real Matters to buy it.
The correlation of Real Matters 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 Real Matters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Real Matters 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 Real Matters 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 Real Stock
Balance Sheet is a snapshot of the
financial position of Real Matters at a specified time, usually calculated after every quarter, six months, or one year. Real Matters Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Real Matters 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 Real currently owns. An asset can also be divided into two categories, current and non-current.