Medical Free Cash Flow Yield from 2010 to 2024
| DR Stock | CAD 16.18 0.31 1.95% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter 0.33139342 | Current Value 0.17 | Quarterly Volatility 0.1342342 |
Check Medical Facilities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medical Facilities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 M, Interest Expense of 18.6 M or Selling General Administrative of 127.5 M, as well as many indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0337 or PTB Ratio of 1.89. Medical financial statements analysis is a perfect complement when working with Medical Facilities Valuation or Volatility modules.
Medical | Free Cash Flow Yield |
Pair Trading with Medical Facilities
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 Medical Facilities 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 Medical Facilities will appreciate offsetting losses from the drop in the long position's value.Moving together with Medical Stock
Moving against Medical Stock
The ability to find closely correlated positions to Medical Facilities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medical Facilities 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 Medical Facilities - 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 Medical Facilities to buy it.
The correlation of Medical Facilities 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 Medical Facilities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medical Facilities 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 Medical Facilities 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 Medical Stock
Medical Facilities financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Facilities security.