Pro Net Invested Capital from 2010 to 2024
| PRV-UN Stock | CAD 5.21 0.03 0.57% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 1 B | Current Value 783 M | Quarterly Volatility 265.5 M |
Check Pro Real financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pro Real's main balance sheet or income statement drivers, such as Interest Expense of 10.8 M, Selling General Administrative of 9.4 M or Other Operating Expenses of 54.3 M, as well as many indicators such as Price To Sales Ratio of 4.99, Dividend Yield of 0.0588 or PTB Ratio of 1.14. Pro financial statements analysis is a perfect complement when working with Pro Real Valuation or Volatility modules.
Pro | Net Invested Capital |
Pair Trading with Pro Real
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 Pro Real 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 Pro Real will appreciate offsetting losses from the drop in the long position's value.Moving together with Pro Stock
Moving against Pro Stock
| 0.87 | DBO | D Box Technologies | PairCorr |
| 0.82 | FFH-PH | Fairfax Financial | PairCorr |
| 0.8 | FFH-PF | Fairfax Financial | PairCorr |
| 0.78 | NOA | North American Const | PairCorr |
| 0.76 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Pro Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pro Real 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 Pro Real - 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 Pro Real Estate to buy it.
The correlation of Pro Real 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 Pro Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pro Real Estate 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 Pro Real 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 Pro Stock
Pro Real financial ratios help investors to determine whether Pro 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 Pro with respect to the benefits of owning Pro Real security.