Terravest Price Earnings Ratio from 2010 to 2024

TVK Stock  CAD 115.55  9.80  7.82%   
Terravest Capital Price Earnings Ratio yearly trend continues to be very stable with very little volatility. Price Earnings Ratio is likely to drop to 13.15. During the period from 2010 to 2024, Terravest Capital Price Earnings Ratio quarterly data regression pattern had range of 215 and standard deviation of  45.42. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
17.26170439
Current Value
13.15
Quarterly Volatility
45.41787241
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Terravest Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Terravest Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.2 M, Interest Expense of 19.2 M or Selling General Administrative of 76.8 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.14 or PTB Ratio of 1.14. Terravest financial statements analysis is a perfect complement when working with Terravest Capital Valuation or Volatility modules.
  
This module can also supplement various Terravest Capital Technical models . Check out the analysis of Terravest Capital Correlation against competitors.

Pair Trading with Terravest Capital

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 Terravest Capital 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 Terravest Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Terravest Stock

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Moving against Terravest Stock

  0.45VZ Verizon CommunicationsPairCorr
  0.31SAGE Sage Potash CorpPairCorr
The ability to find closely correlated positions to Terravest Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terravest Capital 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 Terravest Capital - 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 Terravest Capital to buy it.
The correlation of Terravest Capital 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 Terravest Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terravest Capital 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 Terravest Capital 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 Terravest Stock

Terravest Capital financial ratios help investors to determine whether Terravest 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 Terravest with respect to the benefits of owning Terravest Capital security.