Bgin Average Inventory from 2010 to 2025
| BGIN Stock | 2.66 0.11 3.97% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 1.6 M | Current Value 1.4 M | Quarterly Volatility 96.1 K |
Check Bgin Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bgin Blockchain's main balance sheet or income statement drivers, such as Tax Provision of 13.7 M, Depreciation And Amortization of 10.1 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0 or PTB Ratio of 2.56. Bgin financial statements analysis is a perfect complement when working with Bgin Blockchain Valuation or Volatility modules.
Bgin | Average Inventory | Build AI portfolio with Bgin Stock |
Pair Trading with Bgin Blockchain
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 Bgin Blockchain 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 Bgin Blockchain will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bgin Blockchain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bgin Blockchain 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 Bgin Blockchain - 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 Bgin Blockchain Limited to buy it.
The correlation of Bgin Blockchain 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 Bgin Blockchain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bgin Blockchain 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 Bgin Blockchain 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.Check out the analysis of Bgin Blockchain Correlation against competitors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Computer Hardware space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bgin Blockchain. If investors know Bgin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bgin Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bgin Blockchain is measured differently than its book value, which is the value of Bgin that is recorded on the company's balance sheet. Investors also form their own opinion of Bgin Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Bgin Blockchain's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bgin Blockchain's market value can be influenced by many factors that don't directly affect Bgin Blockchain's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bgin Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bgin Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bgin Blockchain's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.