Haivision Net Working Capital from 2010 to 2024
HAI Stock | CAD 4.94 0.02 0.41% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 24.8 M | Current Value 15.5 M | Quarterly Volatility 10.7 M |
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.
Haivision | Net Working Capital |
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
0.75 | ETG | Entree Resources | PairCorr |
0.63 | NVDA | NVIDIA CDR | PairCorr |
0.58 | EXN | Excellon Resources | PairCorr |
0.51 | IMP | Intermap Technologies | PairCorr |
0.49 | VGZ | Vista Gold | PairCorr |
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.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.