Tri Continental Pfd Preferred Stock Cash Flow From Operations
| TY-P Preferred Stock | USD 45.45 0.25 0.55% |
Tri Continental PFD fundamentals help investors to digest information that contributes to Tri Continental's financial success or failures. It also enables traders to predict the movement of Tri Preferred Stock. The fundamental analysis module provides a way to measure Tri Continental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tri Continental preferred stock.
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Tri Continental PFD Company Cash Flow From Operations Analysis
Tri Continental's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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In accordance with the recently published financial statements, Tri Continental PFD has 0.0 in Cash Flow From Operations. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all United States preferred stocks average (which is currently at 0.0).
Tri Cash Flow From Operations Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tri Continental's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Tri Continental could also be used in its relative valuation, which is a method of valuing Tri Continental by comparing valuation metrics of similar companies.Tri Continental is currently under evaluation in cash flow from operations category among its peers.
Tri Fundamentals
| Market Capitalization | 2.78 B | ||||
| Total Asset | 2.05 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 2.05 B | ||||
| Last Dividend Paid | 0.63 |
About Tri Continental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tri Continental PFD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tri Continental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tri Continental PFD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tri Continental
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 Tri Continental 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 Tri Continental will appreciate offsetting losses from the drop in the long position's value.Moving together with Tri Preferred Stock
Moving against Tri Preferred Stock
| 0.77 | INPAP | International Paper | PairCorr |
| 0.74 | BANGN | Emera Maine PFD | PairCorr |
| 0.51 | PIFMY | Indofood Sukses Makmur | PairCorr |
| 0.43 | SSNLF | Samsung Electronics | PairCorr |
| 0.38 | PTAIF | PT Astra International | PairCorr |
The ability to find closely correlated positions to Tri Continental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tri Continental 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 Tri Continental - 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 Tri Continental PFD to buy it.
The correlation of Tri Continental 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 Tri Continental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tri Continental PFD 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 Tri Continental 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 Tri Preferred Stock Analysis
When running Tri Continental's price analysis, check to measure Tri Continental'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 Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.