Pono Change In Working Capital from 2010 to 2024
| PTWOU Stock | USD 15.28 1.78 13.19% |
Change In Working Capital | First Reported 2010-12-31 | Previous Quarter 168.7 K | Current Value 199.2 K | Quarterly Volatility 51.5 K |
Check Pono Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pono Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 K, Interest Expense of 1.1 M or Other Operating Expenses of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.85. Pono financial statements analysis is a perfect complement when working with Pono Capital Valuation or Volatility modules.
Pono |
Pair Trading with Pono Capital
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 Pono Capital 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 Pono Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Pono Stock
| 0.68 | MA | Mastercard Sell-off Trend | PairCorr |
| 0.59 | CG | Carlyle Group | PairCorr |
| 0.51 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
| 0.39 | V | Visa Class A Financial Report 23rd of July 2024 | PairCorr |
| 0.38 | QD | Qudian Inc | PairCorr |
The ability to find closely correlated positions to Pono Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pono Capital 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 Pono Capital - 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 Pono Capital Two to buy it.
The correlation of Pono Capital 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 Pono Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pono Capital Two 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 Pono Capital 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 Pono Stock Analysis
When running Pono Capital's price analysis, check to measure Pono Capital'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 Pono Capital is operating at the current time. Most of Pono Capital's value examination focuses on studying past and present price action to predict the probability of Pono Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pono Capital's price. Additionally, you may evaluate how the addition of Pono Capital to your portfolios can decrease your overall portfolio volatility.