Wah Capital Surpluse from 2010 to 2024
| WAFU Stock | USD 1.91 0.04 2.14% |
Capital Surpluse | First Reported 2010-12-31 | Previous Quarter 195.7 K | Current Value 173.9 K | Quarterly Volatility 12.2 K |
Check Wah Fu financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wah Fu's main balance sheet or income statement drivers, such as Tax Provision of 519.9 K, Interest Income of 135.3 K or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0 or PTB Ratio of 0.79. Wah financial statements analysis is a perfect complement when working with Wah Fu Valuation or Volatility modules.
Wah | Capital Surpluse |
Pair Trading with Wah Fu
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 Wah Fu 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 Wah Fu will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Wah Fu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wah Fu 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 Wah Fu - 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 Wah Fu Education to buy it.
The correlation of Wah Fu 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 Wah Fu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wah Fu Education 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 Wah Fu 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 Wah Stock Analysis
When running Wah Fu's price analysis, check to measure Wah Fu'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 Wah Fu is operating at the current time. Most of Wah Fu's value examination focuses on studying past and present price action to predict the probability of Wah Fu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Fu's price. Additionally, you may evaluate how the addition of Wah Fu to your portfolios can decrease your overall portfolio volatility.