First Total Revenue from 2010 to 2024
| FFMR Stock | USD 65.75 1.24 1.85% |
Check First Farmers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Farmers' main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Farmers Valuation or Volatility modules.
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Pair Trading with First Farmers
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 First Farmers 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 First Farmers will appreciate offsetting losses from the drop in the long position's value.Moving against First OTC Stock
| 0.59 | TRCA | Twin Ridge Capital | PairCorr |
| 0.55 | AAC | Ares Acquisition | PairCorr |
| 0.54 | CIHHF | China Merchants Bank | PairCorr |
| 0.53 | CIHKY | China Merchants Bank | PairCorr |
| 0.5 | ARTE | Artemis Strategic | PairCorr |
The ability to find closely correlated positions to First Farmers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Farmers 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 First Farmers - 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 First Farmers Financial to buy it.
The correlation of First Farmers 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 First Farmers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Farmers Financial 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 First Farmers 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 First OTC Stock Analysis
When running First Farmers' price analysis, check to measure First Farmers' 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 First Farmers is operating at the current time. Most of First Farmers' value examination focuses on studying past and present price action to predict the probability of First Farmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Farmers' price. Additionally, you may evaluate how the addition of First Farmers to your portfolios can decrease your overall portfolio volatility.