RioCan Change To Netincome from 2010 to 2024

REI-UN Stock  CAD 18.92  0.16  0.84%   
RioCan Real's Change To Netincome is increasing over the years with slightly volatile fluctuation. Overall, Change To Netincome is expected to go to about 345 M this year. From 2010 to 2024 RioCan Real Change To Netincome quarterly data regression line had arithmetic mean of (28,952,340) and r-squared of  0.35. View All Fundamentals
 
Change To Netincome  
First Reported
2016-12-31
Previous Quarter
144.6 M
Current Value
120.2 M
Quarterly Volatility
111 M
 
Covid
Check RioCan Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RioCan Real's main balance sheet or income statement drivers, such as Depreciation And Amortization of 503.8 M, Interest Expense of 263.1 M or Total Revenue of 835.3 M, as well as many indicators such as Price To Sales Ratio of 4.43, Dividend Yield of 0.0763 or PTB Ratio of 0.71. RioCan financial statements analysis is a perfect complement when working with RioCan Real Valuation or Volatility modules.
  
This module can also supplement various RioCan Real Technical models . Check out the analysis of RioCan Real Correlation against competitors.

Pair Trading with RioCan Real

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 RioCan Real 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 RioCan Real will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to RioCan Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RioCan Real 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 RioCan Real - 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 RioCan Real Estate to buy it.
The correlation of RioCan Real 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 RioCan Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RioCan Real Estate 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 RioCan Real 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in RioCan Stock

RioCan Real financial ratios help investors to determine whether RioCan 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 RioCan with respect to the benefits of owning RioCan Real security.