Stella Dividend Yield vs Pb Ratio Analysis
SJ Stock | | | CAD 78.81 0.18 0.23% |
Stella Jones financial indicator trend analysis is much more than just breaking down Stella Jones prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stella Jones is a good investment. Please check the relationship between Stella Jones Dividend Yield and its Pb Ratio accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Dividend Yield vs Pb Ratio
Dividend Yield vs Pb Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Stella Jones Dividend Yield account and
Pb Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Stella Jones' Dividend Yield and Pb Ratio is -0.45. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Stella Jones, assuming nothing else is changed. The correlation between historical values of Stella Jones' Dividend 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 Dividend Yield of Stella Jones 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 Dividend Yield i.e., Stella Jones' Dividend Yield and Pb Ratio go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Dividend Yield
Dividend Yield is Stella Jones dividend as a percentage of Stella Jones stock price. Stella Jones dividend yield is a measure of Stella Jones stock productivity, which can be interpreted as interest rate earned on an Stella Jones 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.
Pb Ratio
Most indicators from Stella Jones' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stella Jones 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 Stella Jones. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Stella Jones'
Selling General Administrative is very stable compared to the past year. As of the 4th of August 2025,
Issuance Of Capital Stock is likely to grow to about 991.2
K, while
Tax Provision is likely to drop about 78.7
M.
Stella Jones fundamental ratios Correlations
Click cells to compare fundamentals
Stella Jones Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Stella Jones fundamental ratios Accounts
Pair Trading with Stella Jones
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 Stella Jones 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 Stella Jones will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Stella Jones could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stella Jones 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 Stella Jones - 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 Stella Jones to buy it.
The correlation of Stella Jones 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 Stella Jones moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stella Jones 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 Stella Jones 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 MatchingOther Information on Investing in Stella Stock
Balance Sheet is a snapshot of the
financial position of Stella Jones at a specified time, usually calculated after every quarter, six months, or one year. Stella Jones Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Stella Jones 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 Stella currently owns. An asset can also be divided into two categories, current and non-current.