Dividend Long Term Investments vs Other Current Assets Analysis

DS Stock  CAD 7.19  0.08  1.10%   
Dividend Select financial indicator trend analysis is much more than just examining Dividend Select 15 latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dividend Select 15 is a good investment. Please check the relationship between Dividend Select Long Term Investments and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Select 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Long Term Investments vs Other Current Assets

Long Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dividend Select 15 Long Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Dividend Select's Long Term Investments and Other Current Assets is -0.63. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dividend Select 15, assuming nothing else is changed. The correlation between historical values of Dividend Select's Long Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Dividend Select 15 are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Long Term Investments i.e., Dividend Select's Long Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Investments

Long Term Investments is an item on the asset side of Dividend Select balance sheet that represents investments Dividend Select 15 intends to hold for over a year. Dividend Select 15 long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Dividend Select's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dividend Select 15 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dividend Select 15. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
As of the 25th of November 2025, Enterprise Value is likely to grow to about 68.4 M, while Selling General Administrative is likely to drop about 117.8 K.
 2022 2024 2025 (projected)
Cost Of Revenue726.4K551.4K536.0K
Research Development0.380.340.32

Dividend Select fundamental ratios Correlations

-0.460.471.0-0.33-0.520.470.460.990.780.810.460.530.80.13-0.280.470.520.570.990.720.6-0.59
-0.46-1.0-0.410.74-0.01-1.0-0.82-0.37-0.41-0.41-0.820.18-0.28-0.320.11-0.97-0.82-0.1-0.42-0.31-0.310.35
0.47-1.00.41-0.730.01.00.820.380.420.440.82-0.170.290.32-0.120.970.820.120.430.310.3-0.37
1.0-0.410.41-0.29-0.540.410.411.00.780.810.410.560.810.1-0.290.420.480.590.990.720.6-0.58
-0.330.74-0.73-0.29-0.11-0.73-0.94-0.23-0.26-0.06-0.940.23-0.16-0.170.04-0.75-0.930.17-0.24-0.45-0.59-0.07
-0.52-0.010.0-0.54-0.110.00.02-0.55-0.4-0.640.02-0.88-0.440.240.680.06-0.07-0.91-0.48-0.22-0.150.33
0.47-1.01.00.41-0.730.00.820.380.420.440.82-0.170.290.32-0.120.970.820.120.430.310.3-0.37
0.46-0.820.820.41-0.940.020.820.350.380.311.0-0.160.30.23-0.080.810.990.050.390.420.54-0.18
0.99-0.370.381.0-0.23-0.550.380.350.780.820.350.570.80.11-0.280.390.410.590.990.70.56-0.59
0.78-0.410.420.78-0.26-0.40.420.380.780.670.380.250.51-0.1-0.210.430.410.470.780.470.39-0.54
0.81-0.410.440.81-0.06-0.640.440.310.820.670.310.530.690.12-0.410.380.370.830.830.280.15-0.73
0.46-0.820.820.41-0.940.020.821.00.350.380.31-0.160.30.23-0.080.810.990.050.390.420.54-0.18
0.530.18-0.170.560.23-0.88-0.17-0.160.570.250.53-0.160.52-0.19-0.5-0.23-0.060.790.50.350.25-0.4
0.8-0.280.290.81-0.16-0.440.290.30.80.510.690.30.520.16-0.10.270.360.530.810.560.44-0.47
0.13-0.320.320.1-0.170.240.320.230.11-0.10.120.23-0.190.160.230.480.22-0.120.140.0-0.04-0.26
-0.280.11-0.12-0.290.040.68-0.12-0.08-0.28-0.21-0.41-0.08-0.5-0.10.23-0.05-0.13-0.61-0.27-0.020.040.17
0.47-0.970.970.42-0.750.060.970.810.390.430.380.81-0.230.270.48-0.050.80.030.430.310.3-0.31
0.52-0.820.820.48-0.93-0.070.820.990.410.410.370.99-0.060.360.22-0.130.80.130.450.460.57-0.24
0.57-0.10.120.590.17-0.910.120.050.590.470.830.050.790.53-0.12-0.610.030.130.570.120.03-0.59
0.99-0.420.430.99-0.24-0.480.430.390.990.780.830.390.50.810.14-0.270.430.450.570.690.55-0.63
0.72-0.310.310.72-0.45-0.220.310.420.70.470.280.420.350.560.0-0.020.310.460.120.690.96-0.2
0.6-0.310.30.6-0.59-0.150.30.540.560.390.150.540.250.44-0.040.040.30.570.030.550.96-0.1
-0.590.35-0.37-0.58-0.070.33-0.37-0.18-0.59-0.54-0.73-0.18-0.4-0.47-0.260.17-0.31-0.24-0.59-0.63-0.2-0.1
Click cells to compare fundamentals

Dividend Select Account Relationship Matchups

Dividend Select fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets46.4M60.6M53.9M54.9M49.5M53.9M
Other Current Liab(317.0K)(485.5K)(1.9M)(401.4K)(461.6K)(484.6K)
Total Current Liabilities485.5K1.9M401.4K429.0K386.1K366.8K
Total Stockholder Equity45.7M58.5M53.2M54.3M48.9M52.8M
Net Debt(1.0M)(8.2M)(5.5M)(5.6M)(6.4M)(6.7M)
Accounts Payable485.5K1.9M401.4K429.0K386.1K366.8K
Cash1.0M8.2M5.5M5.6M5.0M4.2M
Non Current Assets Total45.2M52.2M48.2M49.4M44.4M49.5M
Non Currrent Assets Other45.2M52.2M48.2M125.0K112.5K106.9K
Cash And Short Term Investments1.0M8.2M5.5M5.6M5.0M4.2M
Net Receivables117.3K174.8K174.1K125.0K112.5K213.0K
Liabilities And Stockholders Equity46.4M60.6M53.9M54.9M49.5M53.9M
Non Current Liabilities Total143.3K282.9K279.2K198.6K178.7K327.7K
Other Stockholder Equity45.7M58.5M53.2M54.3M62.5M52.4M
Total Liab628.9K2.2M680.5K627.6K564.8K1.1M
Total Current Assets1.1M8.4M5.7M5.6M5.0M4.4M
Long Term Investments45.2M52.2M48.2M49.3M44.3M44.8M
Short Term Investments38.1M45.2M52.2M48.2M55.4M52.5M
Inventory41.4M46.4M60.6M53.9M61.9M57.4M
Other Current Assets(46.4M)(60.6M)(53.9M)(125.0K)(143.8K)(151.0K)

Pair Trading with Dividend Select

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 Dividend Select 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 Dividend Select will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dividend Stock

  0.94III Imperial MetalsPairCorr
  0.63TAU Thesis GoldPairCorr
  0.87DGS Dividend Growth SplitPairCorr
  0.95DF Dividend 15 SplitPairCorr
  0.64AAV Advantage Oil GasPairCorr
The ability to find closely correlated positions to Dividend Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Select 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 Dividend Select - 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 Dividend Select 15 to buy it.
The correlation of Dividend Select 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 Dividend Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Select 15 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 Dividend Select 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 Dividend Stock

Balance Sheet is a snapshot of the financial position of Dividend Select 15 at a specified time, usually calculated after every quarter, six months, or one year. Dividend Select Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dividend Select 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 Dividend currently owns. An asset can also be divided into two categories, current and non-current.