KPT Current Ratio from 2010 to 2025
| KPT Stock | CAD 10.45 0.22 2.15% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.25 | Current Value 1.02 | Quarterly Volatility 0.25162917 |
Check KP Tissue financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KP Tissue's main balance sheet or income statement drivers, such as Other Operating Expenses of 709.6 K, Operating Income of 0.0 or EBITDA of 278 M, as well as many indicators such as Price To Sales Ratio of 2 K, Dividend Yield of 0.0434 or PTB Ratio of 0.92. KPT financial statements analysis is a perfect complement when working with KP Tissue Valuation or Volatility modules.
KPT | Current Ratio |
Pair Trading with KP Tissue
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 KP Tissue 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 KP Tissue will appreciate offsetting losses from the drop in the long position's value.Moving together with KPT Stock
Moving against KPT Stock
| 0.94 | SBIO | Sabio Holdings | PairCorr |
| 0.57 | DFR | Diamond Fields Resources | PairCorr |
| 0.54 | ONAU | OnGold Resources | PairCorr |
| 0.4 | AEMC | Alaska Energy Metals | PairCorr |
| 0.31 | PEX | Pacific Ridge Exploration | PairCorr |
The ability to find closely correlated positions to KP Tissue could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KP Tissue 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 KP Tissue - 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 KP Tissue to buy it.
The correlation of KP Tissue 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 KP Tissue moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KP Tissue 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 KP Tissue 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 KPT Stock
KP Tissue financial ratios help investors to determine whether KPT 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 KPT with respect to the benefits of owning KP Tissue security.