Labrador Return On Capital Employed from 2010 to 2024
| LIF Stock | CAD 29.33 0.19 0.65% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.23985756 | Current Value 0.25 | Quarterly Volatility 0.06927878 |
Check Labrador Iron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Labrador Iron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.7 M, Interest Expense of 588.9 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 19.5, Dividend Yield of 0.0546 or PTB Ratio of 4.42. Labrador financial statements analysis is a perfect complement when working with Labrador Iron Valuation or Volatility modules.
Labrador | Return On Capital Employed |
Pair Trading with Labrador Iron
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 Labrador Iron 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 Labrador Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with Labrador Stock
Moving against Labrador Stock
The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron 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 Labrador Iron - 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 Labrador Iron Ore to buy it.
The correlation of Labrador Iron 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 Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore 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 Labrador Iron 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 Labrador Stock
Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.