Bolan Financial Statements From 2010 to 2024
| BCL Stock | 103.49 9.41 10.00% |
Check Bolan Casting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bolan Casting's main balance sheet or income statement drivers, such as , as well as many indicators such as . Bolan financial statements analysis is a perfect complement when working with Bolan Casting Valuation or Volatility modules.
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About Bolan Casting Financial Statements
Bolan Casting shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Bolan Casting investors may analyze each financial statement separately, they are all interrelated. The changes in Bolan Casting's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bolan Casting's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Bolan Casting
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 Bolan Casting 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 Bolan Casting will appreciate offsetting losses from the drop in the long position's value.Moving against Bolan Stock
The ability to find closely correlated positions to Bolan Casting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bolan Casting 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 Bolan Casting - 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 Bolan Casting to buy it.
The correlation of Bolan Casting 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 Bolan Casting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bolan Casting 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 Bolan Casting 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 Bolan Stock Analysis
When running Bolan Casting's price analysis, check to measure Bolan Casting'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 Bolan Casting is operating at the current time. Most of Bolan Casting's value examination focuses on studying past and present price action to predict the probability of Bolan Casting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bolan Casting's price. Additionally, you may evaluate how the addition of Bolan Casting to your portfolios can decrease your overall portfolio volatility.