Choice Historical Valuation
| CHP-UN Stock | CAD 13.88 0.21 1.49% |
Some fundamental drivers such as market cap or Choice Properties enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Choice Properties Real valuation indicators such as Working Capital of 0.0 or Enterprise Value of 10.1 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Choice Properties's future value.
Choice |
About Choice Valuation Data Analysis
Valuation is the financial process of determining what Choice Properties is worth. Choice Properties valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Choice Properties valuation ratios help investors to determine whether Choice 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 Choice with respect to the benefits of owning Choice Properties security.
Choice Properties Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Choice Properties theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Choice Properties Real debt, but would also pocket its cash. Enterprise Value is more accurate representation of Choice Properties value than its market capitalization because it takes into account all of Choice Properties Real existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with Choice Properties
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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with Choice Stock
Moving against Choice Stock
| 0.75 | HFPC-U | Helios Fairfax Partners | PairCorr |
| 0.71 | PVF-UN | Partners Value Inves | PairCorr |
| 0.38 | CEF | Sprott Physical Gold | PairCorr |
The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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 Choice Stock
Valuation is the financial process of determining what Choice Properties is worth. Choice Properties valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Choice Properties valuation ratios help investors to determine whether Choice 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 Choice with respect to the benefits of owning Choice Properties security.