Dye Operating Margin from 2010 to 2026
| DND Stock | CAD 4.17 0.00 0.00% |
Check Dye Durham financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dye Durham's main balance sheet or income statement drivers, such as Depreciation And Amortization of 192.2 M, Interest Expense of 185.5 M or Selling General Administrative of 52.6 M, as well as many indicators such as Price To Sales Ratio of 1.8, Dividend Yield of 0.0069 or PTB Ratio of 1.83. Dye financial statements analysis is a perfect complement when working with Dye Durham Valuation or Volatility modules.
Dye | Operating Margin |
Latest Dye Durham's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Dye Durham over the last few years. It is Dye Durham's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dye Durham's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.13 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Dye Operating Margin Regression Statistics
| Arithmetic Mean | 0.23 | |
| Geometric Mean | 0.21 | |
| Coefficient Of Variation | 38.71 | |
| Mean Deviation | 0.07 | |
| Median | 0.19 | |
| Standard Deviation | 0.09 | |
| Sample Variance | 0.01 | |
| Range | 0.2871 | |
| R-Value | (0.09) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.01 | |
| Significance | 0.74 | |
| Slope | (0) | |
| Total Sum of Squares | 0.12 |
Dye Operating Margin History
About Dye Durham Financial Statements
Dye Durham investors utilize fundamental indicators, such as Operating Margin, to predict how Dye Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Dye Durham Limited, through its subsidiary, Dye Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. The company was founded in 1874 and is headquartered in Toronto, Canada. DYE AND operates under SoftwareInfrastructure classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Dye Durham
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 Dye Durham 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 Dye Durham will appreciate offsetting losses from the drop in the long position's value.Moving against Dye Stock
The ability to find closely correlated positions to Dye Durham could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dye Durham 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 Dye Durham - 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 Dye Durham to buy it.
The correlation of Dye Durham 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 Dye Durham moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dye Durham 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 Dye Durham 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 Dye Stock
Dye Durham financial ratios help investors to determine whether Dye Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dye with respect to the benefits of owning Dye Durham security.