Richards Payout Ratio from 2010 to 2024
| RPI-UN Stock | CAD 29.81 0.04 0.13% |
Payout Ratio | First Reported 2010-12-31 | Previous Quarter 0.47885224 | Current Value 0.66 | Quarterly Volatility 1.65588223 |
Check Richards Packaging financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Richards Packaging's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 M, Total Revenue of 287.9 M or Gross Profit of 48.8 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0859 or PTB Ratio of 1.79. Richards financial statements analysis is a perfect complement when working with Richards Packaging Valuation or Volatility modules.
Richards | Payout Ratio |
Pair Trading with Richards Packaging
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 Richards Packaging 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 Richards Packaging will appreciate offsetting losses from the drop in the long position's value.Moving together with Richards Stock
Moving against Richards Stock
The ability to find closely correlated positions to Richards Packaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richards Packaging 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 Richards Packaging - 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 Richards Packaging Income to buy it.
The correlation of Richards Packaging 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 Richards Packaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richards Packaging Income 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 Richards Packaging 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 Richards Stock
Richards Packaging financial ratios help investors to determine whether Richards 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 Richards with respect to the benefits of owning Richards Packaging security.