United Current Ratio from 2010 to 2024
| UCSO Stock | USD 0.0001 0.00 0.00% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 0.0135 | Current Value 0.0128 | Quarterly Volatility 2.86490625 |
Check United Consortium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Consortium's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 57.2 K or Total Revenue of 4.1 K, as well as many indicators such as Price To Sales Ratio of 2 K, Dividend Yield of 0.0 or Days Sales Outstanding of 1.2 K. United financial statements analysis is a perfect complement when working with United Consortium Valuation or Volatility modules.
United | Current Ratio |
Pair Trading with United Consortium
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 United Consortium 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 United Consortium will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to United Consortium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Consortium 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 United Consortium - 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 United Consortium to buy it.
The correlation of United Consortium 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 United Consortium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Consortium 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 United Consortium 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 Information and Resources on Investing in United Stock
When determining whether United Consortium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Consortium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Consortium Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Consortium Stock:Check out the analysis of United Consortium Correlation against competitors. To learn how to invest in United Stock, please use our How to Invest in United Consortium guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Investment Banking & Brokerage space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Consortium. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Consortium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of United Consortium is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Consortium's value that differs from its market value or its book value, called intrinsic value, which is United Consortium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Consortium's market value can be influenced by many factors that don't directly affect United Consortium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Consortium's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Consortium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Consortium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.