Ledyard Financial Earnings Estimate
Ledyard Financial Earnings per Share Projection vs Actual
About Ledyard Financial Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Ledyard Financial 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 Ledyard Financial 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 Ledyard Financial 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.Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. For more information, please refer to the Investor Relations section of the banks website at www.ledyardbank.com or contact the Companys Chief Financial Officer, Gregory D. Ledyard Financial operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Pair Trading with Ledyard Financial
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 Ledyard Financial 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 Ledyard Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Ledyard OTC Stock
| 0.67 | MUFG | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.62 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.7 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.68 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
Moving against Ledyard OTC Stock
The ability to find closely correlated positions to Ledyard Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ledyard Financial 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 Ledyard Financial - 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 Ledyard Financial Group to buy it.
The correlation of Ledyard Financial 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 Ledyard Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ledyard Financial 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 Ledyard Financial 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 Ledyard OTC Stock Analysis
When running Ledyard Financial's price analysis, check to measure Ledyard Financial'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 Ledyard Financial is operating at the current time. Most of Ledyard Financial's value examination focuses on studying past and present price action to predict the probability of Ledyard Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ledyard Financial's price. Additionally, you may evaluate how the addition of Ledyard Financial to your portfolios can decrease your overall portfolio volatility.