Capital Group Financial Statements From 2010 to 2026
| CGCP Etf | USD 22.65 0.00 0.00% |
Market Capitalisation {Big=0, Small=0, Mega=0, Medium=0, Micro=0.00112} |
Check Capital Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Capital Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Capital financial statements analysis is a perfect complement when working with Capital Group Valuation or Volatility modules.
This module can also supplement various Capital Group Technical models . Check out the analysis of Capital Group Correlation against competitors. Pair Trading with Capital Group
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 Capital Group 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 Capital Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Capital Etf
| 0.97 | IUSB | iShares Core Total Sell-off Trend | PairCorr |
| 0.91 | FIXD | First Trust TCW | PairCorr |
| 0.91 | FBND | Fidelity Total Bond Sell-off Trend | PairCorr |
| 0.93 | TOTL | SPDR DoubleLine Total | PairCorr |
| 0.79 | BNDS | Series Portfolios Trust | PairCorr |
Moving against Capital Etf
| 0.82 | VXX | iPath Series B Downward Rally | PairCorr |
| 0.82 | VIXY | ProShares VIX Short Downward Rally | PairCorr |
| 0.81 | VIXM | ProShares VIX Mid | PairCorr |
| 0.81 | VXZ | iPath Series B | PairCorr |
| 0.41 | YCL | ProShares Ultra Yen | PairCorr |
The ability to find closely correlated positions to Capital Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capital Group 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 Capital Group - 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 Capital Group Core to buy it.
The correlation of Capital Group 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 Capital Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capital Group Core 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 Capital Group 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 Capital Group Correlation against competitors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Understanding Capital Group Core requires distinguishing between market price and book value, where the latter reflects Capital's accounting equity. The concept of intrinsic value—what Capital Group's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Capital Group's price substantially above or below its fundamental value.
It's important to distinguish between Capital Group's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Capital Group should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Capital Group's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.