PayPal Net Interest Income from 2010 to 2024
| PYPL Stock | 6.77 0.18 2.73% |
Net Interest Income | First Reported 2010-12-31 | Previous Quarter 133 M | Current Value 139.7 M | Quarterly Volatility 101.2 M |
Check PayPal Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PayPal Holdings' main balance sheet or income statement drivers, such as Tax Provision of 689.9 M, Net Interest Income of 139.7 M or Interest Income of 504 M, as well as many indicators such as . PayPal financial statements analysis is a perfect complement when working with PayPal Holdings Valuation or Volatility modules.
PayPal | Net Interest Income |
Pair Trading with PayPal Holdings
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 PayPal Holdings 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 PayPal Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with PayPal Stock
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| 0.7 | AAPL | Apple Inc CDR | PairCorr |
| 0.78 | AMZN | Amazon CDR | PairCorr |
| 0.71 | META | Meta Platforms CDR | PairCorr |
The ability to find closely correlated positions to PayPal Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PayPal Holdings 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 PayPal Holdings - 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 PayPal Holdings CDR to buy it.
The correlation of PayPal Holdings 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 PayPal Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PayPal Holdings CDR 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 PayPal Holdings 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 PayPal Stock
PayPal Holdings financial ratios help investors to determine whether PayPal 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 PayPal with respect to the benefits of owning PayPal Holdings security.