Patria Income Quality from 2010 to 2024
| PLAO Stock | USD 11.63 0.01 0.09% |
Income Quality | First Reported 2010-12-31 | Previous Quarter (0.06) | Current Value (0.07) | Quarterly Volatility 0.03392195 |
Check Patria Latin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patria Latin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.3 M, Interest Expense of 12.3 M or Selling General Administrative of 756.9 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.64. Patria financial statements analysis is a perfect complement when working with Patria Latin Valuation or Volatility modules.
Patria |
Latest Patria Latin's Income Quality Growth Pattern
Below is the plot of the Income Quality of Patria Latin American over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Patria Latin's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patria Latin's overall financial position and show how it may be relating to other accounts over time.
| Income Quality | 10 Years Trend |
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Income Quality |
| Timeline |
Patria Income Quality Regression Statistics
| Arithmetic Mean | (0.02) | |
| Coefficient Of Variation | (142.03) | |
| Mean Deviation | 0.02 | |
| Median | (0.01) | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1161 | |
| R-Value | (0.61) | |
| Mean Square Error | 0.0008 | |
| R-Squared | 0.37 | |
| Significance | 0.02 | |
| Slope | (0) | |
| Total Sum of Squares | 0.02 |
Patria Income Quality History
About Patria Latin Financial Statements
Patria Latin investors utilize fundamental indicators, such as Income Quality, to predict how Patria Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Income Quality | (0.06) | (0.07) |
Pair Trading with Patria Latin
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 Patria Latin 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 Patria Latin will appreciate offsetting losses from the drop in the long position's value.Moving together with Patria Stock
| 0.61 | V | Visa Class A | PairCorr |
| 0.72 | DIST | Distoken Acquisition | PairCorr |
| 0.74 | AB | AllianceBernstein | PairCorr |
| 0.83 | AC | Associated Capital | PairCorr |
Moving against Patria Stock
The ability to find closely correlated positions to Patria Latin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patria Latin 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 Patria Latin - 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 Patria Latin American to buy it.
The correlation of Patria Latin 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 Patria Latin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patria Latin American 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 Patria Latin 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 Patria Stock
Patria Latin financial ratios help investors to determine whether Patria 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 Patria with respect to the benefits of owning Patria Latin security.