BaoMinh Financial Statements From 2010 to 2024
| BMI Stock | 20,500 50.00 0.24% |
Check BaoMinh Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BaoMinh Insurance's main balance sheet or income statement drivers, such as , as well as many indicators such as . BaoMinh financial statements analysis is a perfect complement when working with BaoMinh Insurance Valuation or Volatility modules.
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About BaoMinh Insurance Financial Statements
BaoMinh Insurance investors utilize fundamental indicators, such as revenue or net income, to predict how BaoMinh Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with BaoMinh Insurance
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 BaoMinh Insurance 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 BaoMinh Insurance will appreciate offsetting losses from the drop in the long position's value.Moving together with BaoMinh Stock
The ability to find closely correlated positions to BaoMinh Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BaoMinh Insurance 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 BaoMinh Insurance - 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 BaoMinh Insurance Corp to buy it.
The correlation of BaoMinh Insurance 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 BaoMinh Insurance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BaoMinh Insurance 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 BaoMinh Insurance 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 BaoMinh Stock
BaoMinh Insurance financial ratios help investors to determine whether BaoMinh 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 BaoMinh with respect to the benefits of owning BaoMinh Insurance security.