Northview Stock Based Compensation To Revenue from 2010 to 2024
| NRR-UN Stock | 15.00 0.45 2.91% |
Check Northview Residential financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northview Residential's main balance sheet or income statement drivers, such as Interest Expense of 56.1 M, Selling General Administrative of 8.4 M or Total Revenue of 223.8 M, as well as many indicators such as . Northview financial statements analysis is a perfect complement when working with Northview Residential Valuation or Volatility modules.
Northview | Stock Based Compensation To Revenue |
Pair Trading with Northview 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 Northview 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 Northview Residential will appreciate offsetting losses from the drop in the long position's value.Moving against Northview Stock
| 0.85 | JPM | JPMorgan Chase | PairCorr |
| 0.84 | BOFA | Bank of America | PairCorr |
| 0.77 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.73 | ENS | E Split Corp | PairCorr |
| 0.73 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Northview 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 Northview 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 Northview 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 Northview Residential REIT to buy it.
The correlation of Northview 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 Northview Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northview Residential 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 Northview 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.Other Information on Investing in Northview Stock
Northview Residential financial ratios help investors to determine whether Northview 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 Northview with respect to the benefits of owning Northview Residential security.