Korver Graham Number from 2010 to 2026
| KOVR Stock | USD 0.0001 0.00 0.000003% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 0.25 | Current Value 0.24 | Quarterly Volatility 2.91246316 |
Check Korver Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Korver Corp's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 324.4 K, as well as many indicators such as Price To Sales Ratio of 147, Dividend Yield of 0.0 or PTB Ratio of 6.0. Korver financial statements analysis is a perfect complement when working with Korver Corp Valuation or Volatility modules.
Korver | Graham Number | Build AI portfolio with Korver Stock |
Evaluating Korver Corp's Graham Number across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Korver Corp's fundamental strength.
Latest Korver Corp's Graham Number Growth Pattern
Below is the plot of the Graham Number of Korver Corp over the last few years. It is Korver Corp's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Korver Corp's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
Korver Graham Number Regression Statistics
| Arithmetic Mean | 2.28 | |
| Geometric Mean | 0.77 | |
| Coefficient Of Variation | 127.92 | |
| Mean Deviation | 2.54 | |
| Median | 0.24 | |
| Standard Deviation | 2.91 | |
| Sample Variance | 8.48 | |
| Range | 6.3714 | |
| R-Value | (0.84) | |
| Mean Square Error | 2.61 | |
| R-Squared | 0.71 | |
| Significance | 0.000021 | |
| Slope | (0.49) | |
| Total Sum of Squares | 135.72 |
Korver Graham Number History
About Korver Corp Financial Statements
Korver Corp shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although Korver Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Korver Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Korver Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Graham Number | 0.25 | 0.24 |
Pair Trading with Korver Corp
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 Korver Corp 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 Korver Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Korver Stock
Moving against Korver Stock
| 0.77 | TSM | Taiwan Semiconductor | PairCorr |
| 0.76 | SECVY | Seche Environnement | PairCorr |
| 0.71 | BNKHF | BOC Hong Kong | PairCorr |
| 0.67 | AMKR | Amkor Technology | PairCorr |
| 0.66 | RILYL | B Riley Financial | PairCorr |
The ability to find closely correlated positions to Korver Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Korver Corp 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 Korver Corp - 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 Korver Corp to buy it.
The correlation of Korver Corp 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 Korver Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Korver Corp 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 Korver Corp 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.Additional Tools for Korver Stock Analysis
When running Korver Corp's price analysis, check to measure Korver Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Korver Corp is operating at the current time. Most of Korver Corp's value examination focuses on studying past and present price action to predict the probability of Korver Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korver Corp's price. Additionally, you may evaluate how the addition of Korver Corp to your portfolios can decrease your overall portfolio volatility.