Kingsway Noncontrolling Interest In Consolidated Entity from 2010 to 2024
| KFS Stock | USD 8.00 0.07 0.87% |
Noncontrolling Interest In Consolidated Entity | First Reported 2000-03-31 | Previous Quarter -3.1 M | Current Value -3.4 M | Quarterly Volatility 6.1 M |
Check Kingsway Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kingsway Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 M, Interest Expense of 5.9 M or Selling General Administrative of 61.7 M, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0182 or PTB Ratio of 6.32. Kingsway financial statements analysis is a perfect complement when working with Kingsway Financial Valuation or Volatility modules.
Kingsway | Noncontrolling Interest In Consolidated Entity |
Latest Kingsway Financial's Noncontrolling Interest In Consolidated Entity Growth Pattern
Below is the plot of the Noncontrolling Interest In Consolidated Entity of Kingsway Financial Services over the last few years. It is Kingsway Financial's Noncontrolling Interest In Consolidated Entity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kingsway Financial's overall financial position and show how it may be relating to other accounts over time.
| Noncontrolling Interest In Consolidated Entity | 10 Years Trend |
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Noncontrolling Interest In Consolidated Entity |
| Timeline |
Kingsway Noncontrolling Interest In Consolidated Entity Regression Statistics
| Arithmetic Mean | 4,546,265 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 123.85 | |
| Mean Deviation | 4,703,157 | |
| Median | 1,446,000 | |
| Standard Deviation | 5,630,612 | |
| Sample Variance | 31.7T | |
| Range | 14M | |
| R-Value | 0.34 | |
| Mean Square Error | 30.2T | |
| R-Squared | 0.11 | |
| Significance | 0.22 | |
| Slope | 426,169 | |
| Total Sum of Squares | 443.9T |
Kingsway Noncontrolling Interest In Consolidated Entity History
About Kingsway Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Kingsway Financial income statement, its balance sheet, and the statement of cash flows. Kingsway Financial investors use historical funamental indicators, such as Kingsway Financial's Noncontrolling Interest In Consolidated Entity, to determine how well the company is positioned to perform in the future. Although Kingsway Financial investors may use each financial statement separately, they are all related. The changes in Kingsway Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kingsway Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kingsway Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kingsway Financial. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Noncontrolling Interest In Consolidated Entity | 502.6 K | 477.4 K |
Pair Trading with Kingsway Financial
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 Kingsway Financial 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 Kingsway Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Kingsway Stock
| 0.72 | IP | International Paper | PairCorr |
| 0.55 | CARG | CarGurus Buyout Trend | PairCorr |
| 0.54 | UXIN | Uxin Financial Report 12th of August 2024 | PairCorr |
| 0.53 | CARS | Cars Inc | PairCorr |
The ability to find closely correlated positions to Kingsway Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kingsway Financial 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 Kingsway Financial - 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 Kingsway Financial Services to buy it.
The correlation of Kingsway Financial 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 Kingsway Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kingsway Financial 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 Kingsway Financial 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 Kingsway Stock Analysis
When running Kingsway Financial's price analysis, check to measure Kingsway Financial'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 Kingsway Financial is operating at the current time. Most of Kingsway Financial's value examination focuses on studying past and present price action to predict the probability of Kingsway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsway Financial's price. Additionally, you may evaluate how the addition of Kingsway Financial to your portfolios can decrease your overall portfolio volatility.