Equitable Net Income from 2010 to 2024
| EQB Stock | CAD 84.28 0.21 0.25% |
Net Income | First Reported 2004-06-30 | Previous Quarter 130.9 M | Current Value 104.2 M | Quarterly Volatility 26.9 M |
Check Equitable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equitable main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.6 M, Interest Expense of 1.1 B or Total Revenue of 944.5 M, as well as many exotic indicators such as Price To Sales Ratio of 4.44, Dividend Yield of 0.0143 or PTB Ratio of 1.45. Equitable financial statements analysis is a perfect complement when working with Equitable Valuation or Volatility modules.
Equitable | Net Income |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equitable in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equitable's short interest history, or implied volatility extrapolated from Equitable options trading.
Pair Trading with Equitable
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 Equitable 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 Equitable will appreciate offsetting losses from the drop in the long position's value.Moving against Equitable Stock
| 0.7 | TD-PFD | Toronto Dominion Bank | PairCorr |
| 0.65 | TD-PFL | Toronto Dominion Bank | PairCorr |
| 0.63 | RY-PZ | Royal Bank | PairCorr |
| 0.61 | BN-PK | Brookfield Asset Man | PairCorr |
| 0.56 | TD-PFE | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Equitable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equitable 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 Equitable - 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 Equitable Group to buy it.
The correlation of Equitable 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 Equitable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equitable Group 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 Equitable 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.Check out the analysis of Equitable Correlation against competitors. Note that the Equitable Group information on this page should be used as a complementary analysis to other Equitable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Equitable Stock analysis
When running Equitable's price analysis, check to measure Equitable'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 Equitable is operating at the current time. Most of Equitable's value examination focuses on studying past and present price action to predict the probability of Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitable's price. Additionally, you may evaluate how the addition of Equitable to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |