Mogo Stock Based Compensation To Revenue from 2010 to 2024
| MOGO Stock | CAD 2.06 0.03 1.48% |
Stock Based Compensation To Revenue | First Reported 2010-12-31 | Previous Quarter 0.0382201 | Current Value 0.0413 | Quarterly Volatility 0.05255959 |
Check Mogo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mogo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 M, Selling General Administrative of 13.8 M or Selling And Marketing Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0 or PTB Ratio of 0.61. Mogo financial statements analysis is a perfect complement when working with Mogo Valuation or Volatility modules.
Mogo | Stock Based Compensation To Revenue |
Pair Trading with Mogo
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 Mogo 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 Mogo will appreciate offsetting losses from the drop in the long position's value.Moving against Mogo Stock
The ability to find closely correlated positions to Mogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mogo 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 Mogo - 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 Mogo Inc to buy it.
The correlation of Mogo 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 Mogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mogo Inc 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 Mogo 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.Check out the analysis of Mogo Correlation against competitors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..