Atrium Income Before Tax vs Cost Of Revenue Analysis
Pair Trading with Atrium Mortgage
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 Atrium Mortgage 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 Atrium Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving together with Atrium Stock
Moving against Atrium Stock
0.67 | CNQ | Canadian Natural Res | PairCorr |
0.59 | TRP | TC Energy Corp | PairCorr |
0.47 | MFC | Manulife Financial Corp | PairCorr |
0.41 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Atrium Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atrium Mortgage 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 Atrium Mortgage - 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 Atrium Mortgage Investment to buy it.
The correlation of Atrium Mortgage 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 Atrium Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atrium Mortgage Inve 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 Atrium Mortgage 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 Atrium Stock
Balance Sheet is a snapshot of the financial position of Atrium Mortgage Inve at a specified time, usually calculated after every quarter, six months, or one year. Atrium Mortgage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Atrium Mortgage and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Atrium currently owns. An asset can also be divided into two categories, current and non-current.