Laurentian Revenue Per Share from 2010 to 2024

LB Stock  CAD 28.83  0.18  0.63%   
Laurentian Bank Revenue Per Share yearly trend continues to be very stable with very little volatility. Revenue Per Share is likely to grow to 28.80 this year. Revenue Per Share is the amount of revenue generated by Laurentian Bank per share of stock, calculated by dividing total revenue by the average number of shares outstanding. View All Fundamentals
 
Revenue Per Share  
First Reported
2010-12-31
Previous Quarter
23.21550879
Current Value
28.8
Quarterly Volatility
3.21947723
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Laurentian Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Laurentian Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 45 M, Interest Expense of 1.8 B or Selling General Administrative of 299 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0633 or PTB Ratio of 0.38. Laurentian financial statements analysis is a perfect complement when working with Laurentian Bank Valuation or Volatility modules.
  
This module can also supplement various Laurentian Bank Technical models . Check out the analysis of Laurentian Bank Correlation against competitors.

Pair Trading with Laurentian Bank

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 Laurentian Bank 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 Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Laurentian Stock

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Moving against Laurentian Stock

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  0.6NRR-UN Northview ResidentialPairCorr
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  0.43QTWO Q2 Metals CorpPairCorr
  0.4WCM-A Wilmington CapitalPairCorr
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank 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 Laurentian Bank - 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 Laurentian Bank to buy it.
The correlation of Laurentian Bank 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 Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank 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 Laurentian Bank 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 Laurentian Stock

Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.