TELUS Price To Sales Ratio vs Capex To Depreciation Analysis
| TIXT Stock | | | CAD 5.07 0.16 3.06% |
TELUS International financial indicator trend analysis is much more than just breaking down TELUS International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TELUS International is a good investment. Please check the relationship between TELUS International Price To Sales Ratio and its Capex To Depreciation accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TELUS International. 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.
To learn how to invest in TELUS Stock, please use our
How to Invest in TELUS International guide.
Price To Sales Ratio vs Capex To Depreciation
Price To Sales Ratio vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
TELUS International Price To Sales Ratio account and
Capex To Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between TELUS International's Price To Sales Ratio and Capex To Depreciation is 0.98. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of TELUS International, assuming nothing else is changed. The correlation between historical values of TELUS International's Price To Sales Ratio 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 Price To Sales Ratio of TELUS International 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 Price To Sales Ratio i.e., TELUS International's Price To Sales Ratio and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing TELUS International stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on TELUS International sales, a figure that is much harder to manipulate than other TELUS International 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.
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 TELUS International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TELUS International 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 TELUS International. 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.
To learn how to invest in TELUS Stock, please use our
How to Invest in TELUS International guide.At this time, TELUS International's
Tax Provision is very stable compared to the past year. As of the 3rd of August 2025,
Sales General And Administrative To Revenue is likely to grow to 0.68, while
Selling General Administrative is likely to drop about 1.2
B.
TELUS International fundamental ratios Correlations
Click cells to compare fundamentals
TELUS International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TELUS International fundamental ratios Accounts
Pair Trading with TELUS International
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 TELUS International 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 TELUS International will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to TELUS International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TELUS International 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 TELUS International - 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 TELUS International to buy it.
The correlation of TELUS International 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 TELUS International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TELUS International 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 TELUS International 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.
When determining whether TELUS International is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if TELUS Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Telus International Stock.
Highlighted below are key reports to facilitate an investment decision about Telus International Stock: Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in TELUS International. 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.
To learn how to invest in TELUS Stock, please use our
How to Invest in TELUS International guide.
You can also try the
Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Please note, there is a significant difference between TELUS International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TELUS International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TELUS International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.