Karolinska Development EBITDA vs. Cash and Equivalents
KDEV Stock | SEK 1.55 0.02 1.31% |
For Karolinska Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Karolinska Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Karolinska Development AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Karolinska Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Karolinska Development AB over time as well as its relative position and ranking within its peers.
Karolinska |
Karolinska Development Cash and Equivalents vs. EBITDA Fundamental Analysis
Karolinska Cash and Equivalents vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Karolinska Development |
| = | 177.79 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Karolinska Development | = | null |
Use Karolinska Development 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 Karolinska Development 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 Karolinska Development will appreciate offsetting losses from the drop in the long position's value.Karolinska Development Pair Trading
Karolinska Development AB Pair Trading Analysis
The ability to find closely correlated positions to Karolinska Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Karolinska Development 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 Karolinska Development - 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 Karolinska Development AB to buy it.
The correlation of Karolinska Development 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 Karolinska Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Karolinska Development 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 Karolinska Development 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 Karolinska Development position
In addition to having Karolinska Development 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?
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Check out Correlation Analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Karolinska Stock analysis
When running Karolinska Development's price analysis, check to measure Karolinska Development'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 Karolinska Development is operating at the current time. Most of Karolinska Development's value examination focuses on studying past and present price action to predict the probability of Karolinska Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karolinska Development's price. Additionally, you may evaluate how the addition of Karolinska Development to your portfolios can decrease your overall portfolio volatility.
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To fully project Karolinska Development's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Karolinska Development 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 Karolinska Development's income statement, its balance sheet, and the statement of cash flows.