NBDR Return On Capital Employed from 2010 to 2024
No Borders Return On Capital Employed yearly trend continues to be relatively stable with very little volatility. Return On Capital Employed is likely to drop to 0.80. During the period from 2010 to 2024, No Borders Return On Capital Employed destribution of quarterly values had r-value of 0.16 from its regression line and median of 0.35. View All Fundamentals
Check out the analysis of No Borders Correlation against competitors. To learn how to invest in NBDR Stock, please use our How to Invest in No Borders guide.
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter 0.84 | Current Value 0.8 | Quarterly Volatility 3.50839747 |
Check No Borders financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among No Borders' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 329.2 K or Total Revenue of 9.7 K, as well as many indicators such as Price To Sales Ratio of 0.0094, Dividend Yield of 0.0135 or PTB Ratio of 1.92. NBDR financial statements analysis is a perfect complement when working with No Borders Valuation or Volatility modules.
NBDR | Return On Capital Employed |
Pair Trading with No Borders
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 No Borders 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 No Borders will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to No Borders could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace No Borders 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 No Borders - 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 No Borders to buy it.
The correlation of No Borders 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 No Borders moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if No Borders 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 No Borders 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 NBDR Stock Analysis
When running No Borders' price analysis, check to measure No Borders' 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 No Borders is operating at the current time. Most of No Borders' value examination focuses on studying past and present price action to predict the probability of No Borders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move No Borders' price. Additionally, you may evaluate how the addition of No Borders to your portfolios can decrease your overall portfolio volatility.