Aalborg Boldspilklub Earnings Estimate
Aalborg Boldspilklub Earnings per Share Projection vs Actual
About Aalborg Boldspilklub Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Aalborg Boldspilklub earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Aalborg Boldspilklub estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Aalborg Boldspilklub fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Aalborg Boldspilklub AS operates a professional football stadium in Denmark. Aalborg Boldspilklub AS was founded in 1885 and is based in Aalborg, Denmark. Aalborg Boldspilklub operates under Hotels Travel And Leisure classification in Denmark and is traded on Copenhagen Stock Exchange.
Pair Trading with Aalborg Boldspilklub
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 Aalborg Boldspilklub 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 Aalborg Boldspilklub will appreciate offsetting losses from the drop in the long position's value.Moving together with Aalborg Stock
Moving against Aalborg Stock
| 0.9 | NETC | Netcompany Group | PairCorr |
| 0.89 | HAIDKOBL | Handelsinvest Danske | PairCorr |
| 0.82 | SYDB | Sydbank AS | PairCorr |
| 0.8 | RILBA | Ringkjoebing Landbobank | PairCorr |
| 0.79 | JYIVIRK | Jyske Invest Virksom | PairCorr |
The ability to find closely correlated positions to Aalborg Boldspilklub could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aalborg Boldspilklub 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 Aalborg Boldspilklub - 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 Aalborg Boldspilklub AS to buy it.
The correlation of Aalborg Boldspilklub 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 Aalborg Boldspilklub moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aalborg Boldspilklub 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 Aalborg Boldspilklub 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.Other Information on Investing in Aalborg Stock
Aalborg Boldspilklub financial ratios help investors to determine whether Aalborg Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aalborg with respect to the benefits of owning Aalborg Boldspilklub security.