Haynes Net Income Per E B T from 2010 to 2024
| HAYNDelisted Stock | USD 60.99 0.02 0.03% |
Check Haynes International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Haynes International's main balance sheet or income statement drivers, such as , as well as many indicators such as . Haynes financial statements analysis is a perfect complement when working with Haynes International Valuation or Volatility modules.
Haynes |
About Haynes International Financial Statements
Haynes International investors utilize fundamental indicators, such as Net Income Per E B T, to predict how Haynes Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, Asia, and internationally. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana. Haynes Intl operates under Metal Fabrication classification in the United States and is traded on NASDAQ Exchange. It employs 1073 people.
Pair Trading with Haynes International
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 Haynes International 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 Haynes International will appreciate offsetting losses from the drop in the long position's value.Moving together with Haynes Stock
Moving against Haynes Stock
| 0.67 | ATI | Allegheny Technologies | PairCorr |
| 0.65 | AP | Ampco Pittsburgh | PairCorr |
| 0.61 | WOR | Worthington Industries | PairCorr |
| 0.45 | IIIN | Insteel Industries | PairCorr |
| 0.43 | MEC | Mayville Engineering | PairCorr |
The ability to find closely correlated positions to Haynes International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Haynes International 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 Haynes International - 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 Haynes International to buy it.
The correlation of Haynes International 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 Haynes International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Haynes International 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 Haynes International 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 Haynes International Correlation against competitors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Haynes Stock
If you are still planning to invest in Haynes International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Haynes International's history and understand the potential risks before investing.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |