Plurilock Pb Ratio vs Free Cash Flow Yield Analysis

PLUR Stock

CAD 0.32 0.03 8.57%

Plurilock Security financial indicator trend analysis is much more than just breaking down Plurilock Security prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plurilock Security is a good investment. Please check the relationship between Plurilock Security Pb Ratio and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plurilock Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plurilock Security Pb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Plurilock Security's Pb Ratio and Free Cash Flow Yield is 0.48. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Plurilock Security, assuming nothing else is changed. The correlation between historical values of Plurilock Security's Pb Ratio and Free Cash Flow 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 Pb Ratio of Plurilock Security are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Pb Ratio i.e., Plurilock Security's Pb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Pb Ratio

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.

Most indicators from Plurilock Security's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plurilock Security 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plurilock Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

At this time, Plurilock Security's Issuance Of Capital Stock is fairly stable compared to the past year. Enterprise Value is likely to climb to about 180.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.2 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.5M	5.0M	5.9M	3.1M
Total Revenue	36.6M	64.6M	70.4M	38.0M

Gross Profit Total Revenue

Plurilock Security fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Net Working Capital
Other Current Liab		0.94	0.98	-0.96	0.94	0.93	0.88	0.98	0.99	0.77	0.94	-0.08	0.75	0.86	0.71	0.84	-0.59	0.88	0.6	0.98	0.93	0.64	0.81	0.83	0.96	-0.52
Total Current Liabilities	0.94		0.94	-0.99	0.99	1.0	0.8	0.97	0.94	0.76	0.9	-0.38	0.75	0.74	0.5	0.85	-0.78	0.95	0.66	0.95	1.0	0.43	0.83	0.69	0.9	-0.76
Net Tangible Assets	0.98	0.94		-0.96	0.95	0.94	0.89	0.99	1.0	0.84	0.96	-0.07	0.76	0.88	0.73	0.85	-0.6	0.89	0.61	0.99	0.94	0.65	0.82	0.85	0.97	-0.52
Retained Earnings	-0.96	-0.99	-0.96		-0.97	-0.99	-0.83	-0.97	-0.97	-0.78	-0.93	0.31	-0.78	-0.83	-0.53	-0.88	0.76	-0.95	-0.68	-0.95	-0.99	-0.49	-0.86	-0.79	-0.94	0.72
Accounts Payable	0.94	0.99	0.95	-0.97		0.98	0.8	0.98	0.94	0.76	0.89	-0.34	0.65	0.74	0.58	0.78	-0.67	0.89	0.54	0.95	0.98	0.4	0.75	0.69	0.89	-0.7
Net Receivables	0.93	1.0	0.94	-0.99	0.98		0.8	0.96	0.93	0.76	0.91	-0.39	0.77	0.73	0.48	0.87	-0.79	0.96	0.69	0.95	1.0	0.43	0.85	0.68	0.89	-0.77
Other Stockholder Equity	0.88	0.8	0.89	-0.83	0.8	0.8		0.88	0.87	0.94	0.97	0.09	0.76	0.81	0.69	0.87	-0.46	0.77	0.63	0.9	0.79	0.73	0.83	0.78	0.95	-0.36
Total Current Assets	0.98	0.97	0.99	-0.97	0.98	0.96	0.88		0.99	0.82	0.95	-0.15	0.74	0.83	0.7	0.84	-0.62	0.9	0.59	1.0	0.96	0.59	0.81	0.79	0.95	-0.58
Common Stock	0.99	0.94	1.0	-0.97	0.94	0.93	0.87	0.99		0.81	0.95	-0.07	0.75	0.9	0.73	0.84	-0.6	0.88	0.59	0.98	0.93	0.64	0.81	0.88	0.97	-0.52
Property Plant Equipment	0.77	0.76	0.84	-0.78	0.76	0.76	0.94	0.82	0.81		0.93	0.04	0.71	0.74	0.61	0.83	-0.45	0.73	0.6	0.84	0.76	0.65	0.79	0.71	0.9	-0.38
Total Assets	0.94	0.9	0.96	-0.93	0.89	0.91	0.97	0.95	0.95	0.93		-0.05	0.83	0.85	0.65	0.92	-0.61	0.88	0.71	0.96	0.9	0.7	0.9	0.81	0.99	-0.52
Total Stockholder Equity	-0.08	-0.38	-0.07	0.31	-0.34	-0.39	0.09	-0.15	-0.07	0.04	-0.05		-0.08	0.14	0.54	-0.17	0.66	-0.38	-0.24	-0.09	-0.39	0.6	-0.17	0.22	0.0	0.86
Property Plant And Equipment Net	0.75	0.75	0.76	-0.78	0.65	0.77	0.76	0.74	0.75	0.71	0.83	-0.08		0.68	0.32	0.97	-0.79	0.9	0.97	0.77	0.76	0.72	0.98	0.67	0.81	-0.56
Net Debt	0.86	0.74	0.88	-0.83	0.74	0.73	0.81	0.83	0.9	0.74	0.85	0.14	0.68		0.72	0.74	-0.43	0.71	0.5	0.82	0.73	0.7	0.73	1.0	0.92	-0.28
Cash	0.71	0.5	0.73	-0.53	0.58	0.48	0.69	0.7	0.73	0.61	0.65	0.54	0.32	0.72		0.39	0.1	0.36	0.08	0.72	0.48	0.74	0.35	0.74	0.71	0.18
Non Current Assets Total	0.84	0.85	0.85	-0.88	0.78	0.87	0.87	0.84	0.84	0.83	0.92	-0.17	0.97	0.74	0.39		-0.8	0.94	0.92	0.86	0.86	0.67	1.0	0.71	0.9	-0.64
Common Stock Shares Outstanding	-0.59	-0.78	-0.6	0.76	-0.67	-0.79	-0.46	-0.62	-0.6	-0.45	-0.61	0.66	-0.79	-0.43	0.1	-0.8		-0.89	-0.86	-0.6	-0.79	-0.17	-0.82	-0.38	-0.58	0.93
Non Current Liabilities Total	0.88	0.95	0.89	-0.95	0.89	0.96	0.77	0.9	0.88	0.73	0.88	-0.38	0.9	0.71	0.36	0.94	-0.89		0.85	0.89	0.96	0.5	0.94	0.67	0.87	-0.8
Capital Lease Obligations	0.6	0.66	0.61	-0.68	0.54	0.69	0.63	0.59	0.59	0.6	0.71	-0.24	0.97	0.5	0.08	0.92	-0.86	0.85		0.62	0.68	0.56	0.94	0.48	0.66	-0.64
Other Current Assets	0.98	0.95	0.99	-0.95	0.95	0.95	0.9	1.0	0.98	0.84	0.96	-0.09	0.77	0.82	0.72	0.86	-0.6	0.89	0.62		0.95	0.65	0.83	0.79	0.96	-0.54
Total Liab	0.93	1.0	0.94	-0.99	0.98	1.0	0.79	0.96	0.93	0.76	0.9	-0.39	0.76	0.73	0.48	0.86	-0.79	0.96	0.68	0.95		0.42	0.84	0.68	0.89	-0.77
Net Invested Capital	0.64	0.43	0.65	-0.49	0.4	0.43	0.73	0.59	0.64	0.65	0.7	0.6	0.72	0.7	0.74	0.67	-0.17	0.5	0.56	0.65	0.42		0.67	0.74	0.72	0.11
Property Plant And Equipment Gross	0.81	0.83	0.82	-0.86	0.75	0.85	0.83	0.81	0.81	0.79	0.9	-0.17	0.98	0.73	0.35	1.0	-0.82	0.94	0.94	0.83	0.84	0.67		0.7	0.87	-0.64
Short Long Term Debt	0.83	0.69	0.85	-0.79	0.69	0.68	0.78	0.79	0.88	0.71	0.81	0.22	0.67	1.0	0.74	0.71	-0.38	0.67	0.48	0.79	0.68	0.74	0.7		0.89	-0.21
Capital Stock	0.96	0.9	0.97	-0.94	0.89	0.89	0.95	0.95	0.97	0.9	0.99	0.0	0.81	0.92	0.71	0.9	-0.58	0.87	0.66	0.96	0.89	0.72	0.87	0.89		-0.47
Net Working Capital	-0.52	-0.76	-0.52	0.72	-0.7	-0.77	-0.36	-0.58	-0.52	-0.38	-0.52	0.86	-0.56	-0.28	0.18	-0.64	0.93	-0.8	-0.64	-0.54	-0.77	0.11	-0.64	-0.21	-0.47

Click cells to compare fundamentals

Plurilock Security Account Relationship Matchups

Plurilock Security fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Current Liabilities	948.4K	521.2K	11.3M	19.1M	29.9M	31.4M
Retained Earnings	(4.8M)	(9.4M)	(15.7M)	(24.1M)	(33.2M)	(31.5M)
Accounts Payable	103.4K	195.1K	9.7M	8.5M	18.7M	19.6M
Net Receivables	710.1K	40.5K	6.1M	11.7M	17.2M	18.0M
Total Current Assets	895.4K	2.1M	16.9M	16.1M	21.6M	22.7M

Pair Trading with Plurilock Security

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 Plurilock Security 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 Plurilock Security will appreciate offsetting losses from the drop in the long position's value.

Moving together with Plurilock Stock

0.64

RCI-A

Rogers Communications

Pair Corr

Moving against Plurilock Stock

0.57

BUI

Buhler Industries

Pair Corr

The ability to find closely correlated positions to Plurilock Security could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plurilock Security 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 Plurilock Security - 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 Plurilock Security to buy it.

The correlation of Plurilock Security 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 Plurilock Security moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plurilock Security 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 Plurilock Security 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 Correlation Correlation Matching

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plurilock Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Plurilock Stock analysis

When running Plurilock Security's price analysis, check to measure Plurilock Security'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 Plurilock Security is operating at the current time. Most of Plurilock Security's value examination focuses on studying past and present price action to predict the probability of Plurilock Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plurilock Security's price. Additionally, you may evaluate how the addition of Plurilock Security to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Plurilock Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plurilock Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plurilock Security'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.

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Plurilock Pb Ratio vs Free Cash Flow Yield Analysis

Pb Ratio vs Free Cash Flow Yield

Pb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Pb Ratio

Free Cash Flow Yield

Plurilock Security fundamental ratios Correlations

Plurilock Security Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Plurilock Security fundamental ratios Accounts

Pair Trading with Plurilock Security

Moving together with Plurilock Stock

Moving against Plurilock Stock

Complementary Tools for Plurilock Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Common Stock	+ 1.0	Net Tangible Assets
Total Liab	+ 1.0	Net Receivables
Other Current Assets	+ 1.0	Total Current Assets
Short Long Term Debt	+ 1.0	Net Debt

Total Liab	- 0.99	Retained Earnings
Net Receivables	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Total Current Liabilities
Common Stock	- 0.97	Retained Earnings
Total Current Assets	- 0.97	Retained Earnings
Accounts Payable	- 0.97	Retained Earnings