SLM Price to Earnings Ratio from 2010 to 2024
| SLMBP Preferred Stock | USD 74.83 0.60 0.81% |
Check SLM Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SLM Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . SLM financial statements analysis is a perfect complement when working with SLM Corp Valuation or Volatility modules.
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About SLM Corp Financial Statements
SLM Corp shareholders use historical fundamental indicators, such as Price to Earnings Ratio, to determine how well the company is positioned to perform in the future. Although SLM Corp investors may analyze each financial statement separately, they are all interrelated. The changes in SLM Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on SLM Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. SLM Cp operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 1450 people.
Pair Trading with SLM Corp
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 SLM Corp 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 SLM Corp will appreciate offsetting losses from the drop in the long position's value.Moving against SLM Preferred Stock
| 0.51 | AC | Associated Capital | PairCorr |
| 0.49 | AB | AllianceBernstein | PairCorr |
| 0.48 | MBNKP | Medallion Bank PR | PairCorr |
| 0.43 | C | Citigroup Aggressive Push | PairCorr |
| 0.35 | DIST | Distoken Acquisition | PairCorr |
The ability to find closely correlated positions to SLM Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SLM Corp 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 SLM Corp - 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 SLM Corp Pb to buy it.
The correlation of SLM Corp 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 SLM Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SLM Corp Pb 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 SLM Corp 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.Additional Tools for SLM Preferred Stock Analysis
When running SLM Corp's price analysis, check to measure SLM Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SLM Corp is operating at the current time. Most of SLM Corp's value examination focuses on studying past and present price action to predict the probability of SLM Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLM Corp's price. Additionally, you may evaluate how the addition of SLM Corp to your portfolios can decrease your overall portfolio volatility.