RFAIR Historical Balance Sheet
| RFAIR Stock | 0.07 0.01 7.14% |
Trend analysis of RF Acquisition Corp balance sheet accounts such as provides information on RF Acquisition's total assets, liabilities, and equity, which is the actual value of RF Acquisition Corp to its prevalent stockholders. By breaking down trends over time using RF Acquisition balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
RFAIR |
About RFAIR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of RF Acquisition Corp at a specified time, usually calculated after every quarter, six months, or one year. RF Acquisition Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of RF Acquisition 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 RFAIR currently owns. An asset can also be divided into two categories, current and non-current.
RF Acquisition Balance Sheet Chart
Pair Trading with RF Acquisition
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 RF Acquisition 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 RF Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving together with RFAIR Stock
| 0.78 | VACH | Voyager Acquisition Corp | PairCorr |
| 0.79 | VCIC | Vine Hill Capital | PairCorr |
| 0.81 | DTSQ | DT Cloud Star | PairCorr |
Moving against RFAIR Stock
The ability to find closely correlated positions to RF Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RF Acquisition 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 RF Acquisition - 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 RF Acquisition Corp to buy it.
The correlation of RF Acquisition 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 RF Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RF Acquisition Corp 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 RF Acquisition 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 RFAIR Stock Analysis
When running RF Acquisition's price analysis, check to measure RF Acquisition'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 RF Acquisition is operating at the current time. Most of RF Acquisition's value examination focuses on studying past and present price action to predict the probability of RF Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RF Acquisition's price. Additionally, you may evaluate how the addition of RF Acquisition to your portfolios can decrease your overall portfolio volatility.