KSB Financial Statements From 2010 to 2024
KSBP Stock | 131.42 5.65 4.12% |
Check KSB Pumps financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KSB Pumps' main balance sheet or income statement drivers, such as , as well as many indicators such as . KSB financial statements analysis is a perfect complement when working with KSB Pumps Valuation or Volatility modules.
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About KSB Pumps Financial Statements
KSB Pumps stakeholders use historical fundamental indicators, such as KSB Pumps' revenue or net income, to determine how well the company is positioned to perform in the future. Although KSB Pumps investors may analyze each financial statement separately, they are all interrelated. For example, changes in KSB Pumps' assets and liabilities are reflected in the revenues and expenses on KSB Pumps' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in KSB Pumps. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with KSB Pumps
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 KSB Pumps 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 KSB Pumps will appreciate offsetting losses from the drop in the long position's value.Moving against KSB Stock
The ability to find closely correlated positions to KSB Pumps could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KSB Pumps 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 KSB Pumps - 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 KSB Pumps to buy it.
The correlation of KSB Pumps 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 KSB Pumps moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KSB Pumps 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 KSB Pumps 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.Other Information on Investing in KSB Stock
KSB Pumps financial ratios help investors to determine whether KSB Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in KSB with respect to the benefits of owning KSB Pumps security.