Helios Other Non Cash Items from 2010 to 2024

HFPC-U Stock  USD 2.90  0.10  3.33%   
Helios Fairfax's Other Non Cash Items is increasing over the years with slightly volatile fluctuation. Other Non Cash Items is expected to dwindle to about 1.4 M. From 2010 to 2024 Helios Fairfax Other Non Cash Items quarterly data regression line had arithmetic mean of (74,401,867) and r-squared of  0.56. View All Fundamentals
 
Other Non Cash Items  
First Reported
2010-12-31
Previous Quarter
1.5 M
Current Value
1.4 M
Quarterly Volatility
105 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Helios Fairfax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helios Fairfax's main balance sheet or income statement drivers, such as Interest Expense of 1.9 M, Tax Provision of 215.7 K or Net Interest Income of 8.9 M, as well as many indicators such as . Helios financial statements analysis is a perfect complement when working with Helios Fairfax Valuation or Volatility modules.
  
This module can also supplement various Helios Fairfax Technical models . Check out the analysis of Helios Fairfax Correlation against competitors.

Pair Trading with Helios Fairfax

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 Helios Fairfax 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 Helios Fairfax will appreciate offsetting losses from the drop in the long position's value.

Moving together with Helios Stock

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Moving against Helios Stock

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The ability to find closely correlated positions to Helios Fairfax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helios Fairfax 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 Helios Fairfax - 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 Helios Fairfax Partners to buy it.
The correlation of Helios Fairfax 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 Helios Fairfax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helios Fairfax 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 Helios Fairfax 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 Helios Stock

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