Coursera Treasury Stock from 2010 to 2025
| COUR Stock | USD 8.40 1.18 12.32% |
Treasury Stock | First Reported 2010-12-31 | Previous Quarter -4.2 M | Current Value -4.4 M | Quarterly Volatility 130.3 K |
Check Coursera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coursera's main balance sheet or income statement drivers, such as Tax Provision of 3.2 M, Net Interest Income of 37.2 M or Interest Income of 37.2 M, as well as many indicators such as Price To Sales Ratio of 5.02, Dividend Yield of 0.0 or PTB Ratio of 4.48. Coursera financial statements analysis is a perfect complement when working with Coursera Valuation or Volatility modules.
Coursera | Treasury Stock |
Pair Trading with Coursera
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 Coursera 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 Coursera will appreciate offsetting losses from the drop in the long position's value.Moving against Coursera Stock
| 0.73 | JZ | Jianzhi Education | PairCorr |
| 0.69 | GOTU | Gaotu Techedu DRC | PairCorr |
| 0.68 | FEDU | Four Seasons Education | PairCorr |
| 0.65 | QSG | QuantaSing Group | PairCorr |
| 0.54 | STG | Sunlands Technology | PairCorr |
The ability to find closely correlated positions to Coursera could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coursera 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 Coursera - 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 Coursera to buy it.
The correlation of Coursera 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 Coursera moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coursera 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 Coursera 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 Coursera Stock Analysis
When running Coursera's price analysis, check to measure Coursera'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 Coursera is operating at the current time. Most of Coursera's value examination focuses on studying past and present price action to predict the probability of Coursera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coursera's price. Additionally, you may evaluate how the addition of Coursera to your portfolios can decrease your overall portfolio volatility.