Russel Total Debt To Capitalization from 2010 to 2024
| RUS Stock | CAD 44.76 0.96 2.19% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.15342522 | Current Value 0.15 | Quarterly Volatility 0.10059094 |
Check Russel Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Russel Metals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 71.4 M, Interest Expense of 16.9 M or Total Revenue of 2.8 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0411 or PTB Ratio of 1.05. Russel financial statements analysis is a perfect complement when working with Russel Metals Valuation or Volatility modules.
Russel | Total Debt To Capitalization |
Pair Trading with Russel Metals
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 Russel Metals 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 Russel Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Russel Stock
The ability to find closely correlated positions to Russel Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Russel Metals 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 Russel Metals - 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 Russel Metals to buy it.
The correlation of Russel Metals 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 Russel Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Russel Metals 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 Russel Metals 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 Russel Stock
Russel Metals financial ratios help investors to determine whether Russel 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 Russel with respect to the benefits of owning Russel Metals security.