LuxUrban Net Working Capital from 2010 to 2024
| LUXHP Preferred Stock | 16.00 0.25 1.54% |
Check LuxUrban Hotels financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LuxUrban Hotels' main balance sheet or income statement drivers, such as , as well as many indicators such as . LuxUrban financial statements analysis is a perfect complement when working with LuxUrban Hotels Valuation or Volatility modules.
LuxUrban |
About LuxUrban Hotels Financial Statements
LuxUrban Hotels shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although LuxUrban Hotels investors may analyze each financial statement separately, they are all interrelated. The changes in LuxUrban Hotels' assets and liabilities, for example, are also reflected in the revenues and expenses on on LuxUrban Hotels' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with LuxUrban Hotels
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 LuxUrban Hotels 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 LuxUrban Hotels will appreciate offsetting losses from the drop in the long position's value.Moving together with LuxUrban Preferred Stock
Moving against LuxUrban Preferred Stock
| 0.67 | EBET | Ebet Inc | PairCorr |
| 0.65 | EVKG | Ever Glory Internati | PairCorr |
| 0.6 | WPRT | Westport Fuel Systems | PairCorr |
| 0.5 | TFRFF | Tefron | PairCorr |
| 0.45 | WBUY | WEBUY GLOBAL LTD | PairCorr |
The ability to find closely correlated positions to LuxUrban Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LuxUrban Hotels 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 LuxUrban Hotels - 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 LuxUrban Hotels 1300 to buy it.
The correlation of LuxUrban Hotels 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 LuxUrban Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LuxUrban Hotels 1300 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 LuxUrban Hotels 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 LuxUrban Preferred Stock Analysis
When running LuxUrban Hotels' price analysis, check to measure LuxUrban Hotels' 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 LuxUrban Hotels is operating at the current time. Most of LuxUrban Hotels' value examination focuses on studying past and present price action to predict the probability of LuxUrban Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LuxUrban Hotels' price. Additionally, you may evaluate how the addition of LuxUrban Hotels to your portfolios can decrease your overall portfolio volatility.