Tron Operating Cycle from 2010 to 2025
| TRON Stock | USD 1.50 0.05 3.45% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 150.00930811 | Current Value 157.51 | Quarterly Volatility 38.71240129 |
Check Tron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.7 K, Selling General Administrative of 5.4 M or Total Revenue of 3.8 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 1.45. Tron financial statements analysis is a perfect complement when working with Tron Valuation or Volatility modules.
Tron | Operating Cycle | Build AI portfolio with Tron Stock |
Pair Trading with Tron
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 Tron 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 Tron will appreciate offsetting losses from the drop in the long position's value.Moving together with Tron Stock
Moving against Tron Stock
| 0.75 | HAS | Hasbro Inc | PairCorr |
| 0.71 | ESCA | Escalade Incorporated | PairCorr |
| 0.58 | MAT | Mattel Inc | PairCorr |
| 0.52 | BC | Brunswick | PairCorr |
| 0.5 | 000017 | China Bicycle | PairCorr |
The ability to find closely correlated positions to Tron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tron 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 Tron - 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 Tron Inc to buy it.
The correlation of Tron 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 Tron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tron Inc 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 Tron 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.Check out the analysis of Tron Correlation against competitors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Leisure Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tron. If investors know Tron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Revenue Per Share | Quarterly Revenue Growth 0.083 | Return On Assets | Return On Equity |
The market value of Tron Inc is measured differently than its book value, which is the value of Tron that is recorded on the company's balance sheet. Investors also form their own opinion of Tron's value that differs from its market value or its book value, called intrinsic value, which is Tron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tron's market value can be influenced by many factors that don't directly affect Tron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.