Kairous Effective Tax Rate from 2010 to 2024

KACLR Stock  USD 0.07  0.00  0.000003%   
Kairous Acquisition Effective Tax Rate yearly trend continues to be relatively stable with very little volatility. Effective Tax Rate is likely to grow to -0.0001 this year. During the period from 2010 to 2024, Kairous Acquisition Effective Tax Rate destribution of quarterly values had r-value of  0.24 from its regression line and median of  0. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
(0.000059)
Current Value
(0.000056)
Quarterly Volatility
0.34645804
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kairous Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kairous Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Selling General Administrative of 561.8 K or Selling And Marketing Expenses of 5 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.87. Kairous financial statements analysis is a perfect complement when working with Kairous Acquisition Valuation or Volatility modules.
  
Check out the analysis of Kairous Acquisition Correlation against competitors.

Latest Kairous Acquisition's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Kairous Acquisition Corp over the last few years. Effective Tax Rate is the average rate at which Kairous Acquisition Corp pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Kairous Acquisition total tax expenses by Kairous Acquisition earnings before taxes. It is Kairous Acquisition's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kairous Acquisition's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

Kairous Effective Tax Rate Regression Statistics

Arithmetic Mean0.09
Coefficient Of Variation374.21
Mean Deviation0.17
Median0
Standard Deviation0.35
Sample Variance0.12
Range1.345
R-Value0.24
Mean Square Error0.12
R-Squared0.06
Significance0.38
Slope0.02
Total Sum of Squares1.68

Kairous Effective Tax Rate History

2024 -5.6E-5
2023 -5.9E-5
2022 -5.1E-5
2021 1.34

About Kairous Acquisition Financial Statements

Kairous Acquisition shareholders use historical fundamental indicators, such as Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Kairous Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Kairous Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Kairous Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year

Pair Trading with Kairous Acquisition

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 Kairous Acquisition 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 Kairous Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving against Kairous Stock

  0.59LU Lufax HoldingPairCorr
  0.39DB Deutsche Bank AGPairCorr
The ability to find closely correlated positions to Kairous Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kairous Acquisition 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 Kairous Acquisition - 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 Kairous Acquisition Corp to buy it.
The correlation of Kairous Acquisition 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 Kairous Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kairous Acquisition Corp 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 Kairous Acquisition 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

Additional Tools for Kairous Stock Analysis

When running Kairous Acquisition's price analysis, check to measure Kairous Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kairous Acquisition is operating at the current time. Most of Kairous Acquisition's value examination focuses on studying past and present price action to predict the probability of Kairous Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kairous Acquisition's price. Additionally, you may evaluate how the addition of Kairous Acquisition to your portfolios can decrease your overall portfolio volatility.