Pixie Total Current Liabilities from 2010 to 2024
| PXDT Stock | 1.53 0.06 3.77% |
Check Pixie Dust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pixie Dust's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pixie financial statements analysis is a perfect complement when working with Pixie Dust Valuation or Volatility modules.
Pixie |
About Pixie Dust Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Pixie Dust income statement, its balance sheet, and the statement of cash flows. Pixie Dust investors use historical funamental indicators, such as Pixie Dust's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Pixie Dust investors may use each financial statement separately, they are all related. The changes in Pixie Dust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pixie Dust'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 Pixie Dust Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Pixie Dust. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Pixie Dust
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 Pixie Dust 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 Pixie Dust will appreciate offsetting losses from the drop in the long position's value.Moving against Pixie Stock
| 0.53 | MICS | Singing Machine | PairCorr |
| 0.47 | DTRK | DATATRAK International | PairCorr |
| 0.47 | WEBB | Web Global Holdings | PairCorr |
| 0.47 | WELX | Winland Holdings | PairCorr |
| 0.42 | KOSS | Koss | PairCorr |
The ability to find closely correlated positions to Pixie Dust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pixie Dust 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 Pixie Dust - 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 Pixie Dust Technologies to buy it.
The correlation of Pixie Dust 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 Pixie Dust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pixie Dust Technologies 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 Pixie Dust 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 Pixie Stock Analysis
When running Pixie Dust's price analysis, check to measure Pixie Dust'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 Pixie Dust is operating at the current time. Most of Pixie Dust's value examination focuses on studying past and present price action to predict the probability of Pixie Dust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pixie Dust's price. Additionally, you may evaluate how the addition of Pixie Dust to your portfolios can decrease your overall portfolio volatility.