Urbana Cash Flow To Debt Ratio from 2010 to 2024
| URB-A Stock | CAD 5.41 0.02 0.37% |
Cash Flow To Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.0286 | Current Value 0.0272 | Quarterly Volatility 13.2544082 |
Check Urbana financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Urbana's main balance sheet or income statement drivers, such as Total Revenue of 83.2 M, Gross Profit of 74.1 M or Other Operating Expenses of 83.2 M, as well as many indicators such as Price To Sales Ratio of 2.17, Dividend Yield of 0.022 or PTB Ratio of 0.46. Urbana financial statements analysis is a perfect complement when working with Urbana Valuation or Volatility modules.
Urbana | Cash Flow To Debt Ratio |
Pair Trading with Urbana
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 Urbana 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 Urbana will appreciate offsetting losses from the drop in the long position's value.Moving against Urbana Stock
| 0.83 | AEMC | Alaska Energy Metals | PairCorr |
| 0.67 | EOG | Eco Atlantic Oil | PairCorr |
| 0.57 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Urbana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urbana 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 Urbana - 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 Urbana to buy it.
The correlation of Urbana 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 Urbana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urbana 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 Urbana 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 Urbana Stock Analysis
When running Urbana's price analysis, check to measure Urbana'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 Urbana is operating at the current time. Most of Urbana's value examination focuses on studying past and present price action to predict the probability of Urbana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urbana's price. Additionally, you may evaluate how the addition of Urbana to your portfolios can decrease your overall portfolio volatility.