FOXO Financial Statements From 2010 to 2026
| FOXO Stock | USD 0.0001 0.00 0.00% |
Check FOXO Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FOXO Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . FOXO financial statements analysis is a perfect complement when working with FOXO Technologies Valuation or Volatility modules.
Check out the analysis of FOXO Technologies Correlation against competitors. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.Pair Trading with FOXO Technologies
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 FOXO Technologies 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 FOXO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against FOXO Stock
| 0.64 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.61 | JNJ | Johnson Johnson | PairCorr |
| 0.57 | WMT | Walmart Common Stock | PairCorr |
| 0.51 | AA | Alcoa Corp | PairCorr |
| 0.5 | ABEV | Ambev SA ADR Aggressive Push | PairCorr |
The ability to find closely correlated positions to FOXO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOXO Technologies 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 FOXO Technologies - 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 FOXO Technologies to buy it.
The correlation of FOXO Technologies 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 FOXO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOXO Technologies 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 FOXO Technologies 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 FOXO Technologies Correlation against competitors. To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Will Stock sector continue expanding? Could FOXO diversify its offerings? Factors like these will boost the valuation of FOXO Technologies. Market participants price FOXO higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every FOXO Technologies data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of FOXO Technologies is measured differently than its book value, which is the value of FOXO that is recorded on the company's balance sheet. Investors also form their own opinion of FOXO Technologies' value that differs from its market value or its book value, called intrinsic value, which is FOXO Technologies' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because FOXO Technologies' market value can be influenced by many factors that don't directly affect FOXO Technologies' 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 FOXO Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if FOXO Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, FOXO Technologies' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.