Industrial Free Cash Flow Yield vs Dividend Yield Analysis

IAF-PB Stock  CAD 21.26  0.06  0.28%   
Industrial Alliance financial indicator trend analysis is infinitely more than just investigating Industrial Alliance recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Industrial Alliance is a good investment. Please check the relationship between Industrial Alliance Free Cash Flow Yield and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Alliance Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Industrial Alliance Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Industrial Alliance's Free Cash Flow Yield and Dividend Yield is 0.24. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Industrial Alliance Insurance, assuming nothing else is changed. The correlation between historical values of Industrial Alliance's Free Cash Flow Yield and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Industrial Alliance Insurance are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Industrial Alliance's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is Industrial Alliance Insurance dividend as a percentage of Industrial Alliance stock price. Industrial Alliance dividend yield is a measure of Industrial Alliance stock productivity, which can be interpreted as interest rate earned on an Industrial Alliance 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.
Most indicators from Industrial Alliance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Industrial Alliance 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Industrial Alliance Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At present, Industrial Alliance's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Tax Provision is forecasted to decline to about 200.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit15.5B6.5B7.5B7.7B
Total Revenue15.5B6.5B5.3B7.6B

Industrial Alliance fundamental ratios Correlations

-0.5-0.56-0.46-0.5-0.06-0.46-0.50.04-0.56-0.54-0.33-0.5-0.47-0.36-0.37-0.54-0.340.410.640.76-0.6-0.46-0.46-0.57-0.46
-0.50.710.990.820.280.980.830.610.880.750.591.00.920.940.290.810.9-0.41-0.7-0.670.760.380.690.790.6
-0.560.710.70.620.450.750.670.270.660.960.410.710.620.73-0.150.960.66-0.78-0.86-0.770.880.630.880.880.95
-0.460.990.70.860.330.980.790.640.850.740.530.990.930.950.290.810.94-0.4-0.67-0.630.710.390.660.760.58
-0.50.820.620.860.240.830.720.360.760.680.610.820.760.870.480.770.93-0.3-0.7-0.710.620.290.540.630.49
-0.060.280.450.330.240.38-0.140.2-0.080.34-0.320.280.440.31-0.270.390.29-0.41-0.33-0.30.230.550.390.280.4
-0.460.980.750.980.830.380.80.550.840.790.530.980.890.970.140.850.93-0.38-0.73-0.680.780.440.760.830.67
-0.50.830.670.790.72-0.140.80.330.970.730.790.840.620.830.250.750.77-0.27-0.72-0.680.780.120.720.810.61
0.040.610.270.640.360.20.550.330.440.240.060.610.740.470.220.330.54-0.40.050.10.10.050.080.160.08
-0.560.880.660.850.76-0.080.840.970.440.710.710.880.730.840.340.740.8-0.31-0.66-0.640.730.170.650.760.55
-0.540.750.960.740.680.340.790.730.240.710.560.750.630.8-0.130.990.74-0.67-0.87-0.770.930.570.90.930.96
-0.330.590.410.530.61-0.320.530.790.060.710.560.60.380.660.330.560.58-0.06-0.61-0.560.69-0.030.510.640.45
-0.51.00.710.990.820.280.980.840.610.880.750.60.920.940.290.810.9-0.41-0.71-0.670.760.380.70.80.6
-0.470.920.620.930.760.440.890.620.740.730.630.380.920.820.340.710.82-0.47-0.51-0.50.580.370.50.620.46
-0.360.940.730.950.870.310.970.830.470.840.80.660.940.820.150.860.96-0.31-0.75-0.670.790.350.760.830.68
-0.370.29-0.150.290.48-0.270.140.250.220.34-0.130.330.290.340.15-0.030.250.08-0.02-0.17-0.09-0.25-0.26-0.12-0.35
-0.540.810.960.810.770.390.850.750.330.740.990.560.810.710.86-0.030.81-0.68-0.87-0.780.910.570.870.920.92
-0.340.90.660.940.930.290.930.770.540.80.740.580.90.820.960.250.81-0.29-0.66-0.60.650.260.640.70.56
0.41-0.41-0.78-0.4-0.3-0.41-0.38-0.27-0.4-0.31-0.67-0.06-0.41-0.47-0.310.08-0.68-0.290.470.4-0.52-0.6-0.47-0.47-0.67
0.64-0.7-0.86-0.67-0.7-0.33-0.73-0.720.05-0.66-0.87-0.61-0.71-0.51-0.75-0.02-0.87-0.660.470.97-0.94-0.58-0.9-0.9-0.86
0.76-0.67-0.77-0.63-0.71-0.3-0.68-0.680.1-0.64-0.77-0.56-0.67-0.5-0.67-0.17-0.78-0.60.40.97-0.86-0.55-0.81-0.81-0.74
-0.60.760.880.710.620.230.780.780.10.730.930.690.760.580.79-0.090.910.65-0.52-0.94-0.860.590.910.970.92
-0.460.380.630.390.290.550.440.120.050.170.57-0.030.380.370.35-0.250.570.26-0.6-0.58-0.550.590.460.510.62
-0.460.690.880.660.540.390.760.720.080.650.90.510.70.50.76-0.260.870.64-0.47-0.9-0.810.910.460.950.93
-0.570.790.880.760.630.280.830.810.160.760.930.640.80.620.83-0.120.920.7-0.47-0.9-0.810.970.510.950.92
-0.460.60.950.580.490.40.670.610.080.550.960.450.60.460.68-0.350.920.56-0.67-0.86-0.740.920.620.930.92
Click cells to compare fundamentals

Industrial Alliance Account Relationship Matchups

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Industrial Stock

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