Canadian Pretax Profit Margin from 2010 to 2024
| CAR-UN Stock | CAD 43.22 0.39 0.91% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter (0.46) | Current Value (0.44) | Quarterly Volatility 0.68388049 |
Check Canadian Apartment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.2 M, Interest Expense of 217.3 M or Total Revenue of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 4.2, Dividend Yield of 0.0534 or PTB Ratio of 1.34. Canadian financial statements analysis is a perfect complement when working with Canadian Apartment Valuation or Volatility modules.
Canadian | Pretax Profit Margin |
Pair Trading with Canadian Apartment
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 Canadian Apartment 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 Canadian Apartment will appreciate offsetting losses from the drop in the long position's value.Moving against Canadian Stock
| 0.91 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.89 | FFH-PD | Fairfax Financial | PairCorr |
| 0.83 | FFH-PI | Fairfax Financial | PairCorr |
| 0.82 | FFH-PJ | Fairfax Financial | PairCorr |
| 0.81 | ELF | E L Financial | PairCorr |
The ability to find closely correlated positions to Canadian Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Apartment 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 Canadian Apartment - 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 Canadian Apartment Properties to buy it.
The correlation of Canadian Apartment 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 Canadian Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Apartment 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 Canadian Apartment 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 Canadian Apartment Correlation against competitors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Canadian Stock analysis
When running Canadian Apartment's price analysis, check to measure Canadian Apartment'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 Canadian Apartment is operating at the current time. Most of Canadian Apartment's value examination focuses on studying past and present price action to predict the probability of Canadian Apartment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Apartment's price. Additionally, you may evaluate how the addition of Canadian Apartment to your portfolios can decrease your overall portfolio volatility.
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