Medallion Return on Average Equity from 2010 to 2024
| MBNKP Preferred Stock | USD 25.37 0.10 0.40% |
Check Medallion Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medallion Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Medallion financial statements analysis is a perfect complement when working with Medallion Bank Valuation or Volatility modules.
Medallion |
About Medallion Bank Financial Statements
Medallion Bank shareholders use historical fundamental indicators, such as Return on Average Equity, to determine how well the company is positioned to perform in the future. Although Medallion Bank investors may analyze each financial statement separately, they are all interrelated. The changes in Medallion Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medallion Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Medallion Bank operates as an industrial bank in the United States. Medallion Bank operates as a subsidiary of Medallion Financial Corp. Medallion Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 95 people.
Pair Trading with Medallion Bank
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 Medallion Bank 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 Medallion Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Medallion Preferred Stock
Moving against Medallion Preferred Stock
| 0.78 | WU | Western Union | PairCorr |
| 0.66 | MCVT | Mill City Ventures | PairCorr |
| 0.51 | RM | Regional Management Corp | PairCorr |
| 0.48 | PT | Pintec Technology | PairCorr |
| 0.47 | GDOT | Green Dot | PairCorr |
The ability to find closely correlated positions to Medallion Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Medallion Bank 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 Medallion Bank - 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 Medallion Bank PR to buy it.
The correlation of Medallion Bank 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 Medallion Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Medallion Bank PR 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 Medallion Bank 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 Medallion Preferred Stock Analysis
When running Medallion Bank's price analysis, check to measure Medallion Bank'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 Medallion Bank is operating at the current time. Most of Medallion Bank's value examination focuses on studying past and present price action to predict the probability of Medallion Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medallion Bank's price. Additionally, you may evaluate how the addition of Medallion Bank to your portfolios can decrease your overall portfolio volatility.