Choice Capex To Revenue from 2010 to 2024
CHP-UN Stock | CAD 13.35 0.19 1.44% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter 0.27 | Current Value 0.28 | Quarterly Volatility 0.17690231 |
Check Choice Properties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Choice Properties' main balance sheet or income statement drivers, such as Depreciation And Amortization of 950 K, Interest Expense of 492.6 M or Selling General Administrative of 33.8 M, as well as many indicators such as Price To Sales Ratio of 8.24, Dividend Yield of 0.0342 or PTB Ratio of 4.57. Choice financial statements analysis is a perfect complement when working with Choice Properties Valuation or Volatility modules.
Choice | Capex To Revenue |
Pair Trading with Choice Properties
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 Choice Properties 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 Choice Properties will appreciate offsetting losses from the drop in the long position's value.Moving together with Choice Stock
Moving against Choice Stock
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0.79 | OM | Osisko Metals | PairCorr |
0.76 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to Choice Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Choice Properties 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 Choice Properties - 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 Choice Properties Real to buy it.
The correlation of Choice Properties 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 Choice Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Choice Properties Real 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 Choice Properties 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 Choice Stock
Choice Properties financial ratios help investors to determine whether Choice Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Choice with respect to the benefits of owning Choice Properties security.