Caldwell Pb Ratio from 2010 to 2024
| CWL Stock | CAD 1.11 0.02 1.77% |
PB Ratio | First Reported 2010-12-31 | Previous Quarter 1.01 | Current Value 1.83 | Quarterly Volatility 0.85155089 |
Check Caldwell Partners financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caldwell Partners' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 485.3 K or Selling General Administrative of 10.6 M, as well as many indicators such as Price To Sales Ratio of 0.27, Dividend Yield of 0.0518 or PTB Ratio of 1.83. Caldwell financial statements analysis is a perfect complement when working with Caldwell Partners Valuation or Volatility modules.
Caldwell | Pb Ratio |
Pair Trading with Caldwell Partners
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 Caldwell Partners 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 Caldwell Partners will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Caldwell Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caldwell Partners 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 Caldwell Partners - 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 Caldwell Partners International to buy it.
The correlation of Caldwell Partners 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 Caldwell Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caldwell Partners 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 Caldwell Partners 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 Caldwell Stock
Caldwell Partners financial ratios help investors to determine whether Caldwell 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 Caldwell with respect to the benefits of owning Caldwell Partners security.