DynaCERT Cash Ratio from 2010 to 2024

DYA Stock  CAD 0.20  0.02  11.11%   
DynaCERT Cash Ratio yearly trend continues to be very stable with very little volatility. Cash Ratio is likely to drop to 0.05. During the period from 2010 to 2024, DynaCERT Cash Ratio quarterly data regression pattern had sample variance of  23.24 and median of  0.05. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.04930613
Current Value
0.0468
Quarterly Volatility
4.82113522
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DynaCERT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DynaCERT's main balance sheet or income statement drivers, such as Interest Expense of 805.6 K, Selling General Administrative of 3.6 M or Total Revenue of 536.9 K, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0 or PTB Ratio of 1 K. DynaCERT financial statements analysis is a perfect complement when working with DynaCERT Valuation or Volatility modules.
  
This module can also supplement various DynaCERT Technical models . Check out the analysis of DynaCERT Correlation against competitors.

Pair Trading with DynaCERT

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 DynaCERT 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 DynaCERT will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to DynaCERT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DynaCERT 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 DynaCERT - 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 DynaCERT to buy it.
The correlation of DynaCERT 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 DynaCERT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DynaCERT 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 DynaCERT 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 CorrelationCorrelation Matching

Other Information on Investing in DynaCERT Stock

DynaCERT financial ratios help investors to determine whether DynaCERT 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 DynaCERT with respect to the benefits of owning DynaCERT security.