K-Bro Sales General And Administrative To Revenue from 2010 to 2025
| KBL Stock | CAD 33.88 0.17 0.50% |
Sales General And Administrative To Revenue | First Reported 2010-12-31 | Previous Quarter 0.46 | Current Value 0.64 | Quarterly Volatility 0.08360049 |
Check K-Bro Linen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among K-Bro Linen's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.1 M, Interest Expense of 7.9 M or Selling General Administrative of 98.4 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0547 or PTB Ratio of 1.73. K-Bro financial statements analysis is a perfect complement when working with K-Bro Linen Valuation or Volatility modules.
K-Bro | Sales General And Administrative To Revenue |
Pair Trading with K-Bro Linen
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 K-Bro Linen 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 K-Bro Linen will appreciate offsetting losses from the drop in the long position's value.Moving together with K-Bro Stock
Moving against K-Bro Stock
| 0.8 | TD | Toronto Dominion Bank | PairCorr |
| 0.62 | TD-PFD | Toronto Dominion Bank | PairCorr |
| 0.52 | RY-PM | Royal Bank | PairCorr |
| 0.47 | CAE | CAE Inc | PairCorr |
| 0.4 | LOU | Lucero Energy Corp | PairCorr |
The ability to find closely correlated positions to K-Bro Linen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K-Bro Linen 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 K-Bro Linen - 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 K Bro Linen to buy it.
The correlation of K-Bro Linen 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 K-Bro Linen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K Bro Linen 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 K-Bro Linen 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 K-Bro Stock
K-Bro Linen financial ratios help investors to determine whether K-Bro 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 K-Bro with respect to the benefits of owning K-Bro Linen security.