Minto Earnings Yield from 2010 to 2024
| MI-UN Stock | CAD 14.53 0.28 1.96% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter (0.11) | Current Value (0.10) | Quarterly Volatility 0.12273705 |
Check Minto Apartment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Minto Apartment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 131.7 M, Interest Expense of 20.4 M or Selling General Administrative of 6.4 M, as well as many indicators such as Price To Sales Ratio of 9.03, Dividend Yield of 0.0133 or PTB Ratio of 1.46. Minto financial statements analysis is a perfect complement when working with Minto Apartment Valuation or Volatility modules.
Minto | Earnings Yield |
Pair Trading with Minto Apartment
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 Minto Apartment 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 Minto Apartment will appreciate offsetting losses from the drop in the long position's value.Moving together with Minto Stock
Moving against Minto Stock
| 0.94 | LQWD | LQwD FinTech Corp | PairCorr |
| 0.75 | ERC | Eros Resources Corp | PairCorr |
| 0.6 | MATE | Blockmate Ventures Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Minto Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Minto Apartment 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 Minto Apartment - 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 Minto Apartment Real to buy it.
The correlation of Minto Apartment 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 Minto Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Minto Apartment Real 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 Minto Apartment 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 Minto Stock Analysis
When running Minto Apartment's price analysis, check to measure Minto Apartment'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 Minto Apartment is operating at the current time. Most of Minto Apartment's value examination focuses on studying past and present price action to predict the probability of Minto Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minto Apartment's price. Additionally, you may evaluate how the addition of Minto Apartment to your portfolios can decrease your overall portfolio volatility.