Pinelawn Financial Statements From 2010 to 2024
| PLWN Stock | USD 555.00 0.00 0.00% |
Check Pinelawn Cemetery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinelawn Cemetery's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pinelawn financial statements analysis is a perfect complement when working with Pinelawn Cemetery Valuation or Volatility modules.
Pinelawn |
Pinelawn Cemetery Company Beta Analysis
Pinelawn Cemetery's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Pinelawn Cemetery Beta | -0.18 |
Most of Pinelawn Cemetery's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pinelawn Cemetery is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Pinelawn Cemetery has a Beta of -0.18. This is 121.43% lower than that of the Consumer Cyclical sector and 115.0% lower than that of the Personal Services industry. The beta for all United States stocks is 20.0% higher than that of the company.
About Pinelawn Cemetery Financial Statements
Pinelawn Cemetery investors utilize fundamental indicators, such as revenue or net income, to predict how Pinelawn Pink Sheet 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.
It primarily offers cremation services at Memorial Gardens and Garden Mausoleums. PINELAWN CEMETERY is traded on OTC Exchange in the United States.
Pair Trading with Pinelawn Cemetery
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 Pinelawn Cemetery 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 Pinelawn Cemetery will appreciate offsetting losses from the drop in the long position's value.Moving together with Pinelawn Pink Sheet
Moving against Pinelawn Pink Sheet
| 0.67 | BWXT | BWX Technologies Sell-off Trend | PairCorr |
| 0.64 | DSEY | Diversey Holdings | PairCorr |
| 0.62 | FSTF | First State Financial | PairCorr |
| 0.62 | ALAB | Astera Labs, Common Tech Boost | PairCorr |
| 0.61 | GM | General Motors Aggressive Push | PairCorr |
The ability to find closely correlated positions to Pinelawn Cemetery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinelawn Cemetery 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 Pinelawn Cemetery - 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 Pinelawn Cemetery to buy it.
The correlation of Pinelawn Cemetery 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 Pinelawn Cemetery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinelawn Cemetery 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 Pinelawn Cemetery 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 Pinelawn Pink Sheet
Pinelawn Cemetery financial ratios help investors to determine whether Pinelawn Pink Sheet 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 Pinelawn with respect to the benefits of owning Pinelawn Cemetery security.