Greenland Selling General Administrative from 2010 to 2025
| MOLY Stock | 0.92 0.02 2.13% |
Selling General Administrative | First Reported 2010-12-31 | Previous Quarter 4.7 M | Current Value 5 M | Quarterly Volatility 1.3 M |
Check Greenland Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenland Resources' main balance sheet or income statement drivers, such as Net Interest Income of 229.4 K, Interest Income of 229.4 K or Interest Expense of 0.0, as well as many indicators such as . Greenland financial statements analysis is a perfect complement when working with Greenland Resources Valuation or Volatility modules.
Greenland | Selling General Administrative |
Pair Trading with Greenland Resources
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 Greenland Resources 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 Greenland Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Greenland Stock
| 0.7 | INFM | Infinico Metals Corp | PairCorr |
| 0.68 | AG | First Majestic Silver | PairCorr |
| 0.68 | IE | Ivanhoe Energy | PairCorr |
| 0.51 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Greenland Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greenland Resources 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 Greenland Resources - 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 Greenland Resources to buy it.
The correlation of Greenland Resources 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 Greenland Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greenland Resources 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 Greenland Resources 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 Greenland Stock
Greenland Resources financial ratios help investors to determine whether Greenland 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 Greenland with respect to the benefits of owning Greenland Resources security.