Madison Total Assets from 2010 to 2024
| MPC-C Stock | CAD 4.40 0.05 1.15% |
Total Assets | First Reported 2010-12-31 | Previous Quarter 981.4 M | Current Value 763.1 M | Quarterly Volatility 155.7 M |
Check Madison Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Madison Pacific's main balance sheet or income statement drivers, such as Tax Provision of 8.5 M, Interest Income of 904.4 K or Interest Expense of 7.5 M, as well as many indicators such as . Madison financial statements analysis is a perfect complement when working with Madison Pacific Valuation or Volatility modules.
Madison | Total Assets |
Pair Trading with Madison Pacific
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 Madison Pacific 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 Madison Pacific will appreciate offsetting losses from the drop in the long position's value.Moving against Madison Stock
| 0.4 | WMT | Walmart Inc CDR | PairCorr |
| 0.38 | JPM | JPMorgan Chase | PairCorr |
| 0.36 | BOFA | Bank of America | PairCorr |
| 0.36 | AMZN | Amazon CDR | PairCorr |
| 0.34 | GS | GOLDMAN SACHS CDR | PairCorr |
The ability to find closely correlated positions to Madison Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Pacific 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 Madison Pacific - 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 Madison Pacific Properties to buy it.
The correlation of Madison Pacific 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 Madison Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Pacific Prop 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 Madison Pacific 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.Additional Tools for Madison Stock Analysis
When running Madison Pacific's price analysis, check to measure Madison Pacific'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 Madison Pacific is operating at the current time. Most of Madison Pacific's value examination focuses on studying past and present price action to predict the probability of Madison Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Madison Pacific's price. Additionally, you may evaluate how the addition of Madison Pacific to your portfolios can decrease your overall portfolio volatility.