GOGR Financial Statements From 2010 to 2026
| GOGR Stock | USD 0.01 0.01 50.00% |
Check Go Green financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Go Green's main balance sheet or income statement drivers, such as , as well as many indicators such as . GOGR financial statements analysis is a perfect complement when working with Go Green Valuation or Volatility modules.
GOGR |
Pair Trading with Go Green
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 Go Green 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 Go Green will appreciate offsetting losses from the drop in the long position's value.Moving against GOGR OTC Stock
| 0.68 | KTWIY | Kurita Water Industries | PairCorr |
| 0.42 | UMICY | Umicore SA ADR | PairCorr |
| 0.31 | GURE | Gulf Resources Common | PairCorr |
The ability to find closely correlated positions to Go Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Go Green 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 Go Green - 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 Go Green Global to buy it.
The correlation of Go Green 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 Go Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Go Green Global 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 Go Green 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 GOGR OTC Stock Analysis
When running Go Green's price analysis, check to measure Go Green's 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 Go Green is operating at the current time. Most of Go Green's value examination focuses on studying past and present price action to predict the probability of Go Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Go Green's price. Additionally, you may evaluate how the addition of Go Green to your portfolios can decrease your overall portfolio volatility.