Six Revenue from 2010 to 2026
| FUN Stock | USD 18.01 0.34 1.85% |
Check Six Flags financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Six Flags' main balance sheet or income statement drivers, such as , as well as many indicators such as . Six financial statements analysis is a perfect complement when working with Six Flags Valuation or Volatility modules.
Check out the analysis of Six Flags Correlation against competitors. Pair Trading with Six Flags
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 Six Flags 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 Six Flags will appreciate offsetting losses from the drop in the long position's value.Moving against Six Stock
| 0.75 | TRV | The Travelers Companies | PairCorr |
| 0.66 | VZ | Verizon Communications Earnings Call Today | PairCorr |
| 0.39 | MCD | McDonalds | PairCorr |
| 0.32 | PUTKY | United Tractors Tbk | PairCorr |
| 0.31 | MRK | Merck Company Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Six Flags could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Six Flags 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 Six Flags - 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 Six Flags Entertainment to buy it.
The correlation of Six Flags 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 Six Flags moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Six Flags Entertainment 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 Six Flags 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 Six Flags Correlation against competitors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Will Stock sector continue expanding? Could Six diversify its offerings? Factors like these will boost the valuation of Six Flags. Market participants price Six higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Six Flags data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Six Flags Entertainment's market price often diverges from its book value, the accounting figure shown on Six's balance sheet. Smart investors calculate Six Flags' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Six Flags' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' 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.