European Sales General And Administrative To Revenue from 2010 to 2024

ERE-UN Stock  CAD 3.77  0.03  0.80%   
European Residential's Sales General And Administrative To Revenue is decreasing over the years with slightly volatile fluctuation. Sales General And Administrative To Revenue is expected to dwindle to 0.09. From 2010 to 2024 European Residential Sales General And Administrative To Revenue quarterly data regression line had arithmetic mean of  0.31 and r-squared of  0.80. View All Fundamentals
 
Sales General And Administrative To Revenue  
First Reported
2010-12-31
Previous Quarter
0.09464487
Current Value
0.0899
Quarterly Volatility
0.16949529
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check European Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among European Residential's main balance sheet or income statement drivers, such as Interest Expense of 20.1 M, Selling General Administrative of 6.3 M or Other Operating Expenses of 18.3 M, as well as many indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.0575 or PTB Ratio of 0.35. European financial statements analysis is a perfect complement when working with European Residential Valuation or Volatility modules.
  
This module can also supplement various European Residential Technical models . Check out the analysis of European Residential Correlation against competitors.

Pair Trading with European Residential

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 European Residential 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with European Stock

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  0.86RBA Ritchie Bros AuctioneersPairCorr

Moving against European Stock

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  0.81PNC-B Postmedia Network CanadaPairCorr
  0.5GATO Gatos SilverPairCorr
The ability to find closely correlated positions to European Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Residential 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 European Residential - 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 European Residential Real to buy it.
The correlation of European Residential 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential 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 European Residential 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

Other Information on Investing in European Stock

European Residential financial ratios help investors to determine whether European 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 European with respect to the benefits of owning European Residential security.