Personal Change To Netincome from 2010 to 2024
| PCGR Stock | USD 0.0001 0.00 0.00% |
Change To Netincome | First Reported 2010-12-31 | Previous Quarter -2.2 M | Current Value -2.1 M | Quarterly Volatility 1 M |
Check Personal Care financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Personal Care's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 12 M or Total Revenue of 32.6 M, as well as many indicators such as Price To Sales Ratio of 0.0539, Ptb Ratio of 0.27 or Days Sales Outstanding of 38.95. Personal financial statements analysis is a perfect complement when working with Personal Care Valuation or Volatility modules.
Personal | Change To Netincome |
Pair Trading with Personal Care
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 Personal Care 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 Personal Care will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Personal Care could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Personal Care 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 Personal Care - 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 Personal Care Group to buy it.
The correlation of Personal Care 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 Personal Care moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Personal Care Group 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 Personal Care 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 Personal Stock Analysis
When running Personal Care's price analysis, check to measure Personal Care'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 Personal Care is operating at the current time. Most of Personal Care's value examination focuses on studying past and present price action to predict the probability of Personal Care's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Personal Care's price. Additionally, you may evaluate how the addition of Personal Care to your portfolios can decrease your overall portfolio volatility.