Altagas Cum Number Of Shares Shorted vs. Return On Asset
| ALA-PA Preferred Stock | CAD 19.49 0.01 0.05% |
For Altagas Cum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Altagas Cum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Altagas Cum Red utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Altagas Cum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Altagas Cum Red over time as well as its relative position and ranking within its peers.
Altagas |
Altagas Cum Red Return On Asset vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Altagas Cum's current stock value. Our valuation model uses many indicators to compare Altagas Cum value to that of its competitors to determine the firm's financial worth. Altagas Cum Red is number one stock in number of shares shorted category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Number Of Shares Shorted to Return On Asset for Altagas Cum Red is about 296,777 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Altagas Cum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altagas Cum's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Altagas Return On Asset vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Altagas Cum |
| = | 8.1 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Altagas Cum |
| = | 0.0273 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Altagas Return On Asset Comparison
Altagas Cum is currently under evaluation in return on asset category among its peers.
Altagas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Altagas Cum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Altagas Cum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Altagas Cum's important profitability drivers and their relationship over time.
Use Altagas Cum in pair-trading
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 Altagas Cum 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 Altagas Cum will appreciate offsetting losses from the drop in the long position's value.Altagas Cum Pair Trading
Altagas Cum Red Pair Trading Analysis
The ability to find closely correlated positions to Altagas Cum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altagas Cum 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 Altagas Cum - 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 Altagas Cum Red to buy it.
The correlation of Altagas Cum 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 Altagas Cum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altagas Cum Red 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 Altagas Cum 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.Use Investing Themes to Complement your Altagas Cum position
In addition to having Altagas Cum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Altagas Preferred Stock
To fully project Altagas Cum's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Altagas Cum Red at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Altagas Cum's income statement, its balance sheet, and the statement of cash flows.