Saputo Cash and Equivalents vs. Price to Earnings To Growth
| SAPIF Stock | USD 18.45 0.11 0.59% |
For Saputo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Saputo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Saputo Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Saputo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Saputo Inc over time as well as its relative position and ranking within its peers.
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Saputo Inc Price to Earnings To Growth vs. Cash and Equivalents Fundamental Analysis
Saputo Price to Earnings To Growth vs. Cash and Equivalents
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Use Saputo 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 Saputo 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 Saputo will appreciate offsetting losses from the drop in the long position's value.Saputo Pair Trading
Saputo Inc Pair Trading Analysis
The ability to find closely correlated positions to Saputo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saputo 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 Saputo - 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 Saputo Inc to buy it.
The correlation of Saputo 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 Saputo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saputo Inc 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 Saputo 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 Saputo position
In addition to having Saputo 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?
Run Healthcare Funds Thematic Idea Now
Healthcare Funds
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Funds Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running Saputo's price analysis, check to measure Saputo'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 Saputo is operating at the current time. Most of Saputo's value examination focuses on studying past and present price action to predict the probability of Saputo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saputo's price. Additionally, you may evaluate how the addition of Saputo to your portfolios can decrease your overall portfolio volatility.
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To fully project Saputo's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Saputo Inc 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 Saputo's income statement, its balance sheet, and the statement of cash flows.