Helios Net Income vs End Period Cash Flow Analysis

HFPC-U Stock  USD 2.80  0.10  3.45%   
Helios Fairfax financial indicator trend analysis is much more than just examining Helios Fairfax Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Helios Fairfax Partners is a good investment. Please check the relationship between Helios Fairfax Net Income and its End Period Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helios Fairfax Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs End Period Cash Flow

Net Income vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Helios Fairfax Partners Net Income account and End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Helios Fairfax's Net Income and End Period Cash Flow is -0.36. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Helios Fairfax Partners, assuming nothing else is changed. The correlation between historical values of Helios Fairfax's Net Income and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Helios Fairfax Partners are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Net Income i.e., Helios Fairfax's Net Income and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Helios Fairfax Partners financial statement analysis. It represents the amount of money remaining after all of Helios Fairfax Partners operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

End Period Cash Flow

Most indicators from Helios Fairfax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Helios Fairfax Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helios Fairfax Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 8.1 M, whereas Tax Provision is forecasted to decline to about 215.7 K.
 2021 2022 2023 2024 (projected)
Interest Income139K9.0M11.7M10.4M
Net Interest Income139K5.4M8.1M8.9M

Helios Fairfax fundamental ratios Correlations

-0.050.50.59-0.46-0.350.310.7-0.64-0.30.940.66-0.640.180.490.65-0.64-0.63-0.29-0.690.530.38-0.660.560.49-0.26
-0.05-0.260.290.24-0.080.0-0.080.140.00.0-0.140.140.04-0.18-0.160.140.120.06-0.17-0.19-0.160.15-0.18-0.20.14
0.5-0.260.5-0.82-0.510.540.63-0.58-0.320.470.55-0.58-0.310.750.69-0.58-0.48-0.020.130.750.76-0.620.760.96-0.73
0.590.290.5-0.750.13-0.070.76-0.890.130.740.89-0.890.270.780.86-0.89-0.89-0.68-0.240.830.51-0.90.820.65-0.34
-0.460.24-0.82-0.750.1-0.19-0.770.84-0.17-0.55-0.820.840.1-0.99-0.840.840.790.44-0.13-0.96-0.850.85-0.97-0.930.5
-0.35-0.08-0.510.130.1-0.91-0.14-0.220.46-0.120.22-0.220.59-0.10.08-0.21-0.3-0.710.040.0-0.45-0.19-0.07-0.370.29
0.310.00.54-0.07-0.19-0.910.320.15-0.290.11-0.110.14-0.630.220.080.140.230.640.090.150.590.090.220.45-0.41
0.7-0.080.630.76-0.77-0.140.32-0.810.20.780.79-0.820.040.80.86-0.82-0.79-0.52-0.330.820.65-0.840.850.75-0.62
-0.640.14-0.58-0.890.84-0.220.15-0.81-0.13-0.78-0.971.0-0.35-0.83-0.931.00.990.790.27-0.9-0.51.0-0.87-0.710.41
-0.30.0-0.320.13-0.170.46-0.290.2-0.13-0.080.13-0.13-0.110.260.05-0.12-0.18-0.420.120.120.17-0.110.2-0.080.18
0.940.00.470.74-0.55-0.120.110.78-0.78-0.080.79-0.780.190.570.78-0.78-0.79-0.53-0.70.610.36-0.790.650.52-0.33
0.66-0.140.550.89-0.820.22-0.110.79-0.970.130.79-0.970.310.830.96-0.97-0.97-0.74-0.220.910.55-0.980.890.68-0.3
-0.640.14-0.58-0.890.84-0.220.14-0.821.0-0.13-0.78-0.97-0.35-0.83-0.931.00.990.790.27-0.91-0.51.0-0.88-0.710.41
0.180.04-0.310.270.10.59-0.630.04-0.35-0.110.190.31-0.35-0.090.14-0.35-0.41-0.61-0.380.1-0.43-0.3-0.06-0.270.24
0.49-0.180.750.78-0.99-0.10.220.8-0.830.260.570.83-0.83-0.090.83-0.83-0.79-0.450.090.960.88-0.850.980.89-0.42
0.65-0.160.690.86-0.840.080.080.86-0.930.050.780.96-0.930.140.83-0.93-0.91-0.62-0.150.930.61-0.960.920.78-0.52
-0.640.14-0.58-0.890.84-0.210.14-0.821.0-0.12-0.78-0.971.0-0.35-0.83-0.930.990.790.27-0.91-0.51.0-0.88-0.720.42
-0.630.12-0.48-0.890.79-0.30.23-0.790.99-0.18-0.79-0.970.99-0.41-0.79-0.910.990.850.31-0.87-0.440.99-0.84-0.630.33
-0.290.06-0.02-0.680.44-0.710.64-0.520.79-0.42-0.53-0.740.79-0.61-0.45-0.620.790.850.35-0.530.010.76-0.49-0.210.14
-0.69-0.170.13-0.24-0.130.040.09-0.330.270.12-0.7-0.220.27-0.380.09-0.150.270.310.350.060.290.240.030.130.01
0.53-0.190.750.83-0.960.00.150.82-0.90.120.610.91-0.910.10.960.93-0.91-0.87-0.530.060.79-0.920.980.87-0.47
0.38-0.160.760.51-0.85-0.450.590.65-0.50.170.360.55-0.5-0.430.880.61-0.5-0.440.010.290.79-0.540.850.85-0.35
-0.660.15-0.62-0.90.85-0.190.09-0.841.0-0.11-0.79-0.981.0-0.3-0.85-0.961.00.990.760.24-0.92-0.54-0.9-0.740.44
0.56-0.180.760.82-0.97-0.070.220.85-0.870.20.650.89-0.88-0.060.980.92-0.88-0.84-0.490.030.980.85-0.90.89-0.46
0.49-0.20.960.65-0.93-0.370.450.75-0.71-0.080.520.68-0.71-0.270.890.78-0.72-0.63-0.210.130.870.85-0.740.89-0.71
-0.260.14-0.73-0.340.50.29-0.41-0.620.410.18-0.33-0.30.410.24-0.42-0.520.420.330.140.01-0.47-0.350.44-0.46-0.71
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Helios Fairfax Account Relationship Matchups

Helios Fairfax fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab82K9.0M399K4.7M5.4M3.3M
Total Current Liabilities1.8M11.0M7.9M1.0M918.9K873.0K
Other Liab31K48K6.0M8.1M9.3M9.7M
Net Tangible Assets603.1M518.8M599.7M591.9M680.7M518.9M
Retained Earnings(90.8M)(295.1M)(315.8M)(367.0M)(330.3M)(313.8M)
Other Assets4.1M2.8M151K187K168.3K159.9K
Total Assets520.7M610.8M704.4M652.6M750.5M696.9M
Total Stockholder Equity518.8M599.7M591.9M544.3M626.0M618.7M
Accounts Payable297K7.0M136K218K250.7K238.2K
Cash44.3M66.1M76.3M125.2M144.0M101.9M
Net Receivables48.2M28.4M40.5M23.1M20.8M27.9M
Common Stock Shares Outstanding59.5M109.1M108.3M108.2M108.2M95.3M
Other Current Assets2.0M9.0M7.5M48.0M43.2M60.8M
Total Liab1.9M11.0M112.5M108.3M124.6M78.2M
Long Term Investments458.6M525.5M587.5M523.1M601.6M521.2M
Total Current Assets205.6M608.0M704.2M652.4M750.3M526.2M
Common Stock610.1M880.6M872.3M872.9M1.0B801.1M
Other Stockholder Equity(427K)5.4M11.1M13.9M16.0M16.8M

Pair Trading with Helios Fairfax

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 Helios Fairfax 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 Helios Fairfax will appreciate offsetting losses from the drop in the long position's value.

Moving against Helios Stock

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The ability to find closely correlated positions to Helios Fairfax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helios Fairfax 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 Helios Fairfax - 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 Helios Fairfax Partners to buy it.
The correlation of Helios Fairfax 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 Helios Fairfax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helios Fairfax Partners 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 Helios Fairfax 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 Helios Stock

Balance Sheet is a snapshot of the financial position of Helios Fairfax Partners at a specified time, usually calculated after every quarter, six months, or one year. Helios Fairfax Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Helios Fairfax and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Helios currently owns. An asset can also be divided into two categories, current and non-current.