Light Total Assets from 2010 to 2025
| LMGR Stock | USD 0.0001 0.00 0.00% |
Total Assets | First Reported 2010-12-31 | Previous Quarter 2.9 M | Current Value 3.7 M | Quarterly Volatility 336.8 K |
Check Light Management financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Light Management's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 2.3 M or Total Revenue of 782.8 K, as well as many indicators such as Price To Sales Ratio of 7.2, Dividend Yield of 0.0 or Days Sales Outstanding of 23.96. Light financial statements analysis is a perfect complement when working with Light Management Valuation or Volatility modules.
Light | Total Assets | Build AI portfolio with Light Stock |
Pair Trading with Light Management
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 Light Management 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 Light Management will appreciate offsetting losses from the drop in the long position's value.Moving against Light Stock
| 0.48 | KE | Kimball Electronics | PairCorr |
| 0.37 | MEI | Methode Electronics | PairCorr |
| 0.35 | IMTE | Integrated Media Tec | PairCorr |
The ability to find closely correlated positions to Light Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Light Management 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 Light Management - 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 Light Management Group to buy it.
The correlation of Light Management 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 Light Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Light Management 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 Light Management 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 Light Stock Analysis
When running Light Management's price analysis, check to measure Light Management'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 Light Management is operating at the current time. Most of Light Management's value examination focuses on studying past and present price action to predict the probability of Light Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Light Management's price. Additionally, you may evaluate how the addition of Light Management to your portfolios can decrease your overall portfolio volatility.