Portillos Net Income from 2010 to 2026
| PTLO Stock | USD 5.69 0.06 1.07% |
Check Portillos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portillos' main balance sheet or income statement drivers, such as , as well as many indicators such as . Portillos financial statements analysis is a perfect complement when working with Portillos Valuation or Volatility modules.
Portillos | Build AI portfolio with Portillos Stock |
Pair Trading with Portillos
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 Portillos 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 Portillos will appreciate offsetting losses from the drop in the long position's value.Moving together with Portillos Stock
Moving against Portillos Stock
| 0.7 | MMSI | Merit Medical Systems | PairCorr |
| 0.53 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.52 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Portillos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portillos 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 Portillos - 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 Portillos to buy it.
The correlation of Portillos 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 Portillos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portillos 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 Portillos 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 Portillos Correlation against competitors. To learn how to invest in Portillos Stock, please use our How to Invest in Portillos guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Will Stock sector continue expanding? Could Portillos diversify its offerings? Factors like these will boost the valuation of Portillos. Anticipated expansion of Portillos directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Portillos data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Portillos is measured differently than its book value, which is the value of Portillos that is recorded on the company's balance sheet. Investors also form their own opinion of Portillos' value that differs from its market value or its book value, called intrinsic value, which is Portillos' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Portillos' market value can be influenced by many factors that don't directly affect Portillos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Portillos' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Portillos should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Portillos' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.