Haivision Change To Netincome from 2010 to 2024

HAI Stock  CAD 4.94  0.02  0.41%   
Haivision Systems Change To Netincome yearly trend continues to be very stable with very little volatility. Change To Netincome is likely to grow to about -1.5 M this year. During the period from 2010 to 2024, Haivision Systems Change To Netincome quarterly data regression pattern had range of 18.1 M and standard deviation of  4,627,842. View All Fundamentals
 
Change To Netincome  
First Reported
2010-12-31
Previous Quarter
-1.6 M
Current Value
-1.5 M
Quarterly Volatility
4.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Haivision Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Haivision Systems' main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Interest Income of 0.0 or Depreciation And Amortization of 11.9 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0055 or PTB Ratio of 1.21. Haivision financial statements analysis is a perfect complement when working with Haivision Systems Valuation or Volatility modules.
  
This module can also supplement various Haivision Systems Technical models . Check out the analysis of Haivision Systems Correlation against competitors.

Pair Trading with Haivision Systems

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 Haivision Systems 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 Haivision Systems will appreciate offsetting losses from the drop in the long position's value.

Moving against Haivision Stock

  0.75ETG Entree ResourcesPairCorr
  0.63NVDA NVIDIA CDRPairCorr
  0.58EXN Excellon ResourcesPairCorr
  0.51IMP Intermap TechnologiesPairCorr
  0.49VGZ Vista GoldPairCorr
The ability to find closely correlated positions to Haivision Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haivision Systems 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 Haivision Systems - 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 Haivision Systems to buy it.
The correlation of Haivision Systems 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 Haivision Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haivision Systems 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 Haivision Systems 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 Haivision Stock

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