Pinetree Net Debt from 2010 to 2024

PNP Stock  CAD 10.10  0.15  1.51%   
Pinetree Capital Net Debt yearly trend continues to be very stable with very little volatility. Net Debt is likely to grow to about -2.1 M this year. Net Debt is the total debt of Pinetree Capital minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
1997-12-31
Previous Quarter
-2.6 M
Current Value
-3.9 M
Quarterly Volatility
36.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pinetree Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinetree Capital's main balance sheet or income statement drivers, such as Interest Expense of 17.5 K, Selling General Administrative of 328.7 K or Total Revenue of 6.3 M, as well as many indicators such as Price To Sales Ratio of 5.34, Dividend Yield of 0.0 or PTB Ratio of 0.71. Pinetree financial statements analysis is a perfect complement when working with Pinetree Capital Valuation or Volatility modules.
  
This module can also supplement various Pinetree Capital Technical models . Check out the analysis of Pinetree Capital Correlation against competitors.

Pair Trading with Pinetree Capital

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 Pinetree Capital 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 Pinetree Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pinetree Stock

  0.85ELF E L FinancialPairCorr
  0.94FFH Fairfax FinancialPairCorr
  0.92FFH-PC Fairfax Fin HldPairCorr
  0.83FFH-PH Fairfax FinancialPairCorr
The ability to find closely correlated positions to Pinetree Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pinetree Capital 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 Pinetree Capital - 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 Pinetree Capital to buy it.
The correlation of Pinetree Capital 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 Pinetree Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pinetree Capital 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 Pinetree Capital 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

Other Information on Investing in Pinetree Stock

Pinetree Capital financial ratios help investors to determine whether Pinetree 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 Pinetree with respect to the benefits of owning Pinetree Capital security.