Syntrol Corp Earnings Estimate
Syntrol Corp Earnings per Share Projection vs Actual
About Syntrol Corp Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Syntrol Corp 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 Syntrol Corp 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 Syntrol Corp 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.Syntrol Corp., through its subsidiary, Crypto Partners Inc., operates as a solar generating crypto-currency mining company. It is developing a monetization platform that allows it to drive margin expansion by reducing costs, and shifting to crypto-currencies and services. SYNTROL CORPORATION is traded on PNK Exchange in the United States.
Pair Trading with Syntrol Corp
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 Syntrol Corp 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 Syntrol Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Syntrol Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Syntrol Corp 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 Syntrol Corp - 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 Syntrol Corp to buy it.
The correlation of Syntrol Corp 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 Syntrol Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Syntrol Corp 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 Syntrol Corp 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 Syntrol Pink Sheet Analysis
When running Syntrol Corp's price analysis, check to measure Syntrol Corp'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 Syntrol Corp is operating at the current time. Most of Syntrol Corp's value examination focuses on studying past and present price action to predict the probability of Syntrol Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntrol Corp's price. Additionally, you may evaluate how the addition of Syntrol Corp to your portfolios can decrease your overall portfolio volatility.