Patria Historical Financial Ratios
| PLAO Stock | USD 11.69 0.04 0.34% |
Patria Latin is promptly reporting on over 67 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 4.03, Invested Capital of 0.0, Average Payables of 96.5 K or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Patria Latin American financial condition quickly.
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About Patria Financial Ratios Analysis
Patria Latin AmericanFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Patria Latin investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Patria financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Patria Latin history.
Patria Latin Financial Ratios Chart
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Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most ratios from Patria Latin's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Patria Latin American current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patria Latin American. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Patria Latin's Price Earnings Ratio is very stable compared to the past year. As of the 1st of February 2025, Price Book Value Ratio is likely to grow to 1.48, while Book Value Per Share is likely to drop 4.03.
Patria Latin fundamentals Correlations
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Patria Latin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Patria Latin
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 Patria Latin 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 Patria Latin will appreciate offsetting losses from the drop in the long position's value.Moving together with Patria Stock
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| 0.8 | V | Visa Class A | PairCorr |
Moving against Patria Stock
The ability to find closely correlated positions to Patria Latin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patria Latin 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 Patria Latin - 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 Patria Latin American to buy it.
The correlation of Patria Latin 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 Patria Latin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patria Latin American 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 Patria Latin 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 Patria Stock
Patria Latin AmericanFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Patria Latin investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Patria financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Patria Latin history.