RioCan Historical Valuation
| REI-UN Stock | CAD 19.01 0.20 1.06% |
Some fundamental drivers such as market cap or RioCan Real enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze RioCan Real Estate valuation indicators such as to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of RioCan Real's future value.
RioCan |
About RioCan Valuation Data Analysis
Valuation is the financial process of determining what RioCan Real is worth. RioCan Real valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. RioCan Real valuation ratios help investors to determine whether RioCan 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 RioCan with respect to the benefits of owning RioCan Real security.
RioCan Real Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as RioCan Real theoretical takeover price. In the event of an acquisition, an acquirer would have to take on RioCan Real Estate debt, but would also pocket its cash. Enterprise Value is more accurate representation of RioCan Real value than its market capitalization because it takes into account all of RioCan Real Estate existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with RioCan Real
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 RioCan Real 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 RioCan Real will appreciate offsetting losses from the drop in the long position's value.Moving against RioCan Stock
| 0.5 | VISA | Visa Inc CDR | PairCorr |
| 0.44 | NVDA | NVIDIA CDR | PairCorr |
| 0.42 | GOOG | Alphabet CDR | PairCorr |
| 0.42 | TSLA | Tesla Inc CDR | PairCorr |
| 0.34 | PYPL | PayPal Holdings CDR | PairCorr |
The ability to find closely correlated positions to RioCan Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RioCan Real 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 RioCan Real - 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 RioCan Real Estate to buy it.
The correlation of RioCan Real 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 RioCan Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RioCan Real Estate 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 RioCan Real 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 RioCan Stock
Valuation is the financial process of determining what RioCan Real is worth. RioCan Real valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. RioCan Real valuation ratios help investors to determine whether RioCan 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 RioCan with respect to the benefits of owning RioCan Real security.