Empire Price To Operating Cash Flows Ratio from 2010 to 2024

EMP-A Stock  CAD 43.28  0.62  1.45%   
Empire Company Price To Operating Cash Flows Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Operating Cash Flows Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Empire Company Price To Operating Cash Flows Ratio quarterly data regression had r-value of (0.29) and coefficient of variation of  25.40. View All Fundamentals
 
Price To Operating Cash Flows Ratio  
First Reported
2010-12-31
Previous Quarter
3.83974458
Current Value
4.38
Quarterly Volatility
1.53094948
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Empire Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire Company's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 318.8 M or Total Revenue of 18.7 B, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0114 or PTB Ratio of 1.18. Empire financial statements analysis is a perfect complement when working with Empire Company Valuation or Volatility modules.
  
This module can also supplement various Empire Company Technical models . Check out the analysis of Empire Company Correlation against competitors.

Pair Trading with Empire Company

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 Empire Company 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 Empire Company will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Empire Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Company 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 Empire Company - 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 Empire Company Limited to buy it.
The correlation of Empire Company 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 Empire Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Limited 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 Empire Company 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.
Pair CorrelationCorrelation Matching

Additional Tools for Empire Stock Analysis

When running Empire Company's price analysis, check to measure Empire Company'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 Empire Company is operating at the current time. Most of Empire Company's value examination focuses on studying past and present price action to predict the probability of Empire Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Company's price. Additionally, you may evaluate how the addition of Empire Company to your portfolios can decrease your overall portfolio volatility.