Vitalhub Net Working Capital from 2010 to 2024
| VHI Stock | 8.93 0.07 0.78% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 14.8 M | Current Value 15.6 M | Quarterly Volatility 5.4 M |
Check Vitalhub Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vitalhub Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Total Revenue of 55.1 M or Gross Profit of 39.7 M, as well as many indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0 or PTB Ratio of 3.56. Vitalhub financial statements analysis is a perfect complement when working with Vitalhub Corp Valuation or Volatility modules.
Vitalhub | Net Working Capital |
Pair Trading with Vitalhub Corp
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 Vitalhub Corp 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 Vitalhub Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vitalhub Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vitalhub Corp 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 Vitalhub Corp - 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 Vitalhub Corp to buy it.
The correlation of Vitalhub Corp 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 Vitalhub Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vitalhub 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 Vitalhub Corp 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 Vitalhub Stock
Vitalhub Corp financial ratios help investors to determine whether Vitalhub 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 Vitalhub with respect to the benefits of owning Vitalhub Corp security.