Dillards Accounts Payable vs Common Stock Analysis
| DDT Stock | USD 25.77 0.04 0.16% |
Dillards Capital financial indicator trend analysis is much more than just examining Dillards Capital Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dillards Capital Trust is a good investment. Please check the relationship between Dillards Capital Accounts Payable and its Common Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dillards Capital Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Accounts Payable vs Common Stock
Accounts Payable vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dillards Capital Trust Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dillards Capital's Accounts Payable and Common Stock is 0.51. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of Dillards Capital Trust, assuming nothing else is changed. The correlation between historical values of Dillards Capital's Accounts Payable and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Dillards Capital Trust are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., Dillards Capital's Accounts Payable and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.51 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Dillards Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dillards Capital Trust are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Common Stock
Most indicators from Dillards Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dillards Capital Trust 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 Dillards Capital Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Dillards Capital's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 1.72 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.4 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.7B | 2.9B | 6.8B | 7.1B | Total Revenue | 6.5B | 6.9B | 6.8B | 5.3B |
Dillards Capital fundamental ratios Correlations
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Dillards Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Dillards 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 Dillards 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 Dillards Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Dillards Stock
The ability to find closely correlated positions to Dillards 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 Dillards 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 Dillards 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 Dillards Capital Trust to buy it.
The correlation of Dillards 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 Dillards Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dillards Capital Trust 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 Dillards 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.Additional Tools for Dillards Stock Analysis
When running Dillards Capital's price analysis, check to measure Dillards Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dillards Capital is operating at the current time. Most of Dillards Capital's value examination focuses on studying past and present price action to predict the probability of Dillards Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dillards Capital's price. Additionally, you may evaluate how the addition of Dillards Capital to your portfolios can decrease your overall portfolio volatility.