OP Old Financial Statements From 2010 to 2026
| OPDelisted Stock | USD 1.39 0.11 7.33% |
Check OP Old financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OP Old's main balance sheet or income statement drivers, such as , as well as many indicators such as . OP Old financial statements analysis is a perfect complement when working with OP Old Valuation or Volatility modules.
OP Old |
Pair Trading with OP Old
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 OP Old 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 OP Old will appreciate offsetting losses from the drop in the long position's value.Moving against OP Old Stock
| 0.42 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.33 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.31 | IBM | International Business Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to OP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OP Old 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 OP Old - 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 OP Old to buy it.
The correlation of OP Old 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 OP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OP Old 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 OP Old 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in OP Old Stock
If you are still planning to invest in OP Old 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 OP Old's history and understand the potential risks before investing.
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