Allianz Financial Statements From 2010 to 2026
| ALZ Stock | 29.02 0.10 0.35% |
Market Capitalization 138.4 B | Earnings Share 27.0969 |
Check Allianz CDR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allianz CDR's main balance sheet or income statement drivers, such as , as well as many indicators such as . Allianz financial statements analysis is a perfect complement when working with Allianz CDR Valuation or Volatility modules.
Allianz |
Pair Trading with Allianz CDR
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 Allianz CDR 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 Allianz CDR will appreciate offsetting losses from the drop in the long position's value.Moving against Allianz Stock
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| 0.47 | NVDA | NVIDIA CDR | PairCorr |
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| 0.38 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.38 | MSFT | Microsoft CDR | PairCorr |
The ability to find closely correlated positions to Allianz CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allianz CDR 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 Allianz CDR - 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 Allianz CDR to buy it.
The correlation of Allianz CDR 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 Allianz CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allianz CDR 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 Allianz CDR 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 Allianz Stock
Allianz CDR financial ratios help investors to determine whether Allianz 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 Allianz with respect to the benefits of owning Allianz CDR security.