Pason Total Other Income Expense Net from 2010 to 2024

PSI Stock  CAD 14.13  0.04  0.28%   
Pason Systems Total Other Income Expense Net yearly trend continues to be very stable with very little volatility. Total Other Income Expense Net is likely to drop to about -31.9 M. During the period from 2010 to 2024, Pason Systems Total Other Income Expense Net quarterly data regression pattern had range of 160.8 M and standard deviation of  48,424,580. View All Fundamentals
 
Total Other Income Expense Net  
First Reported
1997-03-31
Previous Quarter
973 K
Current Value
-14.2 M
Quarterly Volatility
13.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pason Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pason Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.7 M, Interest Expense of 6 M or Selling General Administrative of 17.5 M, as well as many indicators such as Price To Sales Ratio of 5.69, Dividend Yield of 0.0205 or PTB Ratio of 4.87. Pason financial statements analysis is a perfect complement when working with Pason Systems Valuation or Volatility modules.
  
This module can also supplement various Pason Systems Technical models . Check out the analysis of Pason Systems Correlation against competitors.

Pair Trading with Pason Systems

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 Pason Systems 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 Pason Systems will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pason Stock

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Moving against Pason Stock

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  0.31MSFT Microsoft Corp CDRPairCorr
The ability to find closely correlated positions to Pason Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pason Systems 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 Pason Systems - 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 Pason Systems to buy it.
The correlation of Pason Systems 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 Pason Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pason Systems 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 Pason Systems 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 Pason Stock

Pason Systems financial ratios help investors to determine whether Pason 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 Pason with respect to the benefits of owning Pason Systems security.