Senvest Free Cash Flow Yield vs Pb Ratio Analysis

SEC Stock  CAD 344.05  0.95  0.28%   
Senvest Capital financial indicator trend analysis is much more than just breaking down Senvest Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Senvest Capital is a good investment. Please check the relationship between Senvest Capital Free Cash Flow Yield and its Pb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senvest Capital. 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.

Free Cash Flow Yield vs Pb Ratio

Free Cash Flow Yield vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Senvest Capital Free Cash Flow Yield account and Pb Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Senvest Capital's Free Cash Flow Yield and Pb Ratio is -0.1. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Senvest Capital, assuming nothing else is changed. The correlation between historical values of Senvest Capital's Free Cash Flow Yield and Pb 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 Free Cash Flow Yield of Senvest Capital are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Free Cash Flow Yield i.e., Senvest Capital's Free Cash Flow Yield and Pb Ratio go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Pb Ratio

Most indicators from Senvest Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Senvest Capital 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Senvest Capital. 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, Senvest Capital's Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Tax Provision is likely to grow to about 18.5 M, while Issuance Of Capital Stock is likely to drop about 9 M.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation843K694K1.1M929.5K
Research Development18.74.770.770.73

Senvest Capital fundamental ratios Correlations

-0.20.360.420.99-0.410.981.0-0.94-0.89-0.120.141.0-0.18-0.320.060.420.380.43-0.40.440.49-0.26-0.40.74-0.02
-0.2-0.1-0.11-0.190.86-0.15-0.190.150.23-0.040.12-0.20.98-0.03-0.690.19-0.16-0.2-0.01-0.21-0.31-0.090.32-0.3-0.12
0.36-0.10.980.46-0.030.450.35-0.32-0.59-0.180.00.320.0-0.16-0.07-0.33-0.090.75-0.170.740.580.21-0.590.35-0.23
0.42-0.110.980.52-0.060.510.41-0.37-0.66-0.220.070.39-0.01-0.13-0.06-0.31-0.070.81-0.160.80.580.15-0.690.37-0.21
0.99-0.190.460.52-0.390.990.98-0.93-0.92-0.110.130.98-0.17-0.40.060.360.370.5-0.470.510.55-0.2-0.460.75-0.02
-0.410.86-0.03-0.06-0.39-0.33-0.370.230.37-0.350.33-0.40.870.12-0.580.03-0.63-0.330.14-0.36-0.550.090.43-0.54-0.44
0.98-0.150.450.510.99-0.330.98-0.94-0.91-0.170.170.98-0.13-0.380.010.410.310.49-0.450.490.5-0.15-0.460.67-0.06
1.0-0.190.350.410.98-0.370.98-0.96-0.88-0.170.191.0-0.17-0.310.070.440.330.39-0.390.40.44-0.26-0.370.71-0.07
-0.940.15-0.32-0.37-0.930.23-0.94-0.960.790.26-0.26-0.940.150.28-0.09-0.48-0.11-0.270.36-0.27-0.290.250.24-0.650.19
-0.890.23-0.59-0.66-0.920.37-0.91-0.880.790.21-0.16-0.880.180.320.02-0.12-0.26-0.650.4-0.65-0.610.160.61-0.640.06
-0.12-0.04-0.18-0.22-0.11-0.35-0.17-0.170.260.21-0.84-0.14-0.14-0.230.07-0.010.710.21-0.170.240.44-0.08-0.140.30.9
0.140.120.00.070.130.330.170.19-0.26-0.16-0.840.160.210.120.060.1-0.54-0.320.07-0.34-0.50.170.15-0.23-0.8
1.0-0.20.320.390.98-0.40.981.0-0.94-0.88-0.140.16-0.19-0.280.050.440.370.4-0.360.410.46-0.28-0.380.72-0.03
-0.180.980.0-0.01-0.170.87-0.13-0.170.150.18-0.140.21-0.19-0.02-0.680.13-0.2-0.180.0-0.19-0.31-0.050.31-0.31-0.25
-0.32-0.03-0.16-0.13-0.40.12-0.38-0.310.280.32-0.230.12-0.28-0.02-0.07-0.18-0.26-0.150.99-0.16-0.27-0.140.07-0.39-0.14
0.06-0.69-0.07-0.060.06-0.580.010.07-0.090.020.070.060.05-0.68-0.07-0.030.09-0.12-0.06-0.13-0.13-0.110.020.3-0.05
0.420.19-0.33-0.310.360.030.410.44-0.48-0.12-0.010.10.440.13-0.18-0.030.13-0.29-0.23-0.29-0.2-0.10.280.19-0.02
0.38-0.16-0.09-0.070.37-0.630.310.33-0.11-0.260.71-0.540.37-0.2-0.260.090.130.35-0.250.370.59-0.27-0.330.550.73
0.43-0.20.750.810.5-0.330.490.39-0.27-0.650.21-0.320.4-0.18-0.15-0.12-0.290.35-0.161.00.830.02-0.930.470.37
-0.4-0.01-0.17-0.16-0.470.14-0.45-0.390.360.4-0.170.07-0.360.00.99-0.06-0.23-0.25-0.16-0.18-0.28-0.110.1-0.44-0.1
0.44-0.210.740.80.51-0.360.490.4-0.27-0.650.24-0.340.41-0.19-0.16-0.13-0.290.371.0-0.180.850.02-0.930.490.39
0.49-0.310.580.580.55-0.550.50.44-0.29-0.610.44-0.50.46-0.31-0.27-0.13-0.20.590.83-0.280.850.03-0.730.630.51
-0.26-0.090.210.15-0.20.09-0.15-0.260.250.16-0.080.17-0.28-0.05-0.14-0.11-0.1-0.270.02-0.110.020.03-0.12-0.44-0.15
-0.40.32-0.59-0.69-0.460.43-0.46-0.370.240.61-0.140.15-0.380.310.070.020.28-0.33-0.930.1-0.93-0.73-0.12-0.38-0.38
0.74-0.30.350.370.75-0.540.670.71-0.65-0.640.3-0.230.72-0.31-0.390.30.190.550.47-0.440.490.63-0.44-0.380.27
-0.02-0.12-0.23-0.21-0.02-0.44-0.06-0.070.190.060.9-0.8-0.03-0.25-0.14-0.05-0.020.730.37-0.10.390.51-0.15-0.380.27
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Senvest Capital Account Relationship Matchups

Senvest Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B4.1B6.6B5.7B5.1B5.4B
Short Long Term Debt Total12.8M14.4M11.1M9.2M1.9M1.8M
Other Current Liab(31.2M)(55.8M)(96.8M)(5.3M)3.5B3.6B
Total Current Liabilities31.2M55.8M96.8M5.3M3.5B3.6B
Total Stockholder Equity919.4M1.1B1.8B1.6B1.6B1.7B
Net Debt(16.6M)(9.9M)(51.9M)(39.2M)(31.1M)(29.6M)
Retained Earnings746.3M950.4M1.7B1.3B1.4B1.5B
Non Current Assets Total2.6B3.9B6.3B5.4B4.8B5.0B
Non Currrent Assets Other(2.6B)(3.9B)(6.3B)(5.4B)(4.7B)(4.4B)
Common Stock Shares Outstanding2.7M2.6M2.5M2.5M2.5M2.2M
Liabilities And Stockholders Equity2.9B4.1B6.6B5.7B5.1B5.4B
Non Current Liabilities Total720K992K96.8M5.3M1.9M1.8M
Other Stockholder Equity151.1M126.0M127.6M234.3M1.01.05
Total Liab1.9B2.9B4.7B4.1B3.5B3.7B
Short Term Debt8.1M10.0M7.4M6.4M7.6M11.8M
Property Plant And Equipment Net4.6M4.5M3.9M2.8M2.6M2.4M
Current Deferred Revenue65K185K85.8M(3.9M)(4.3M)(4.1M)
Accounts Payable31.2M55.8M96.8M5.3M3.3M3.2M
Cash17.3M10.9M52.2M42.5M33.0M19.8M
Cash And Short Term Investments17.3M10.9M52.2M42.5M4.3B4.5B
Total Current Assets201.1M37.1M121.5M206.1M4.7B4.9B
Net Receivables183.8M26.2M69.3M163.6M346.3M363.6M
Other Current Assets465K472K475K(221.5M)366.7M385.1M
Accumulated Other Comprehensive Income151.1M126.0M127.6M234.3M197.3M100.7M
Other Assets73.1M86.3M93.4M88.8M(4.3B)(4.1B)
Common Stock Total Equity22.8M22.3M22.1M21.6M24.9M22.0M
Short Term Investments465K472K475K477K429.3K407.8K
Inventory214.9M51.9M144.9M221.5M399.7M419.7M
Common Stock22.1M21.6M20.9M20.7M20.6M22.2M
Other Liab32.6M48.8M98.1M228.4M262.6M275.8M
Net Tangible Assets864.6M919.4M1.1B1.8B2.1B1.0B
Long Term Investments2.6B3.9B6.3B5.4B4.7B3.0B
Long Term Debt Total4.7M4.4M3.7M2.8M3.2M2.5M
Net Invested Capital920.1M1.1B1.8B1.6B1.6B1.4B
Capital Stock22.1M21.6M20.9M20.7M20.6M17.1M

Pair Trading with Senvest Capital

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 Senvest Capital 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 Senvest Capital will appreciate offsetting losses from the drop in the long position's value.

Moving against Senvest Stock

  0.41SPPP Sprott Physical PlatinumPairCorr
  0.37BBD-B BombardierPairCorr
  0.35PSLV Sprott Physical SilverPairCorr
  0.33CEF Sprott Physical GoldPairCorr
  0.31PHYS Sprott Physical GoldPairCorr
The ability to find closely correlated positions to Senvest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Senvest Capital 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 Senvest Capital - 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 Senvest Capital to buy it.
The correlation of Senvest Capital 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 Senvest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Senvest Capital 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 Senvest Capital 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 Senvest Stock

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