Dominion Other Non Cash Items from 2010 to 2025
| DLCG Stock | 8.00 0.17 2.17% |
Other Non Cash Items | First Reported 2002-06-30 | Previous Quarter 3.4 M | Current Value 3.5 M | Quarterly Volatility 7 M |
Check Dominion Lending financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dominion Lending's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.3 M, Other Operating Expenses of 27.4 M or Operating Income of 22.1 M, as well as many indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.0911 or PTB Ratio of 5.04. Dominion financial statements analysis is a perfect complement when working with Dominion Lending Valuation or Volatility modules.
Dominion | Other Non Cash Items |
Pair Trading with Dominion Lending
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 Dominion Lending 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 Dominion Lending will appreciate offsetting losses from the drop in the long position's value.Moving together with Dominion Stock
| 0.68 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.82 | AAPL | Apple Inc CDR | PairCorr |
| 0.8 | GOOG | Alphabet CDR | PairCorr |
| 0.94 | AMZN | Amazon CDR | PairCorr |
Moving against Dominion Stock
The ability to find closely correlated positions to Dominion Lending could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dominion Lending 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 Dominion Lending - 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 Dominion Lending Centres to buy it.
The correlation of Dominion Lending 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 Dominion Lending moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dominion Lending Centres 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 Dominion Lending 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 Dominion Stock
Dominion Lending financial ratios help investors to determine whether Dominion 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 Dominion with respect to the benefits of owning Dominion Lending security.