Aimia Enterprise Value Over E B I T D A from 2010 to 2024
| AIM Stock | CAD 2.37 0.10 4.05% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter (2.64) | Current Value (2.51) | Quarterly Volatility 18.96749309 |
Check Aimia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aimia's main balance sheet or income statement drivers, such as Interest Expense of 20.4 M, Other Operating Expenses of 300.8 M or Total Operating Expenses of 85.7 M, as well as many indicators such as Price To Sales Ratio of 1.21, Dividend Yield of 0.0452 or PTB Ratio of 0.44. Aimia financial statements analysis is a perfect complement when working with Aimia Valuation or Volatility modules.
Aimia | Enterprise Value Over E B I T D A |
Pair Trading with Aimia
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 Aimia 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 Aimia will appreciate offsetting losses from the drop in the long position's value.Moving against Aimia Stock
| 0.58 | RY-PJ | Royal Bank | PairCorr |
| 0.55 | NVDA | NVIDIA CDR | PairCorr |
| 0.55 | OR | Osisko Gold Ro | PairCorr |
| 0.54 | LUG | Lundin Gold | PairCorr |
| 0.52 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Aimia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aimia 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 Aimia - 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 Aimia Inc to buy it.
The correlation of Aimia 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 Aimia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aimia Inc 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 Aimia 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 Aimia Stock
Aimia financial ratios help investors to determine whether Aimia 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 Aimia with respect to the benefits of owning Aimia security.