SGI Enhanced Financial Statements From 2010 to 2024
| QXQ Etf | 27.26 0.24 0.87% |
Check SGI Enhanced financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SGI Enhanced's main balance sheet or income statement drivers, such as , as well as many indicators such as . SGI financial statements analysis is a perfect complement when working with SGI Enhanced Valuation or Volatility modules.
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About SGI Enhanced Financial Statements
SGI Enhanced shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although SGI Enhanced investors may analyze each financial statement separately, they are all interrelated. The changes in SGI Enhanced's assets and liabilities, for example, are also reflected in the revenues and expenses on on SGI Enhanced's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
SGI Enhanced is entity of United States. It is traded as Etf on NASDAQ exchange.
Pair Trading with SGI Enhanced
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 SGI Enhanced 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 SGI Enhanced will appreciate offsetting losses from the drop in the long position's value.Moving together with SGI Etf
| 0.93 | JEPI | JPMorgan Equity Premium | PairCorr |
| 0.96 | XYLD | Global X SP | PairCorr |
| 0.91 | DIVO | Amplify CWP Enhanced | PairCorr |
| 0.92 | RYLD | Global X Russell | PairCorr |
| 0.98 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
The ability to find closely correlated positions to SGI Enhanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SGI Enhanced 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 SGI Enhanced - 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 SGI Enhanced Nasdaq 100 to buy it.
The correlation of SGI Enhanced 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 SGI Enhanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SGI Enhanced Nasdaq 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 SGI Enhanced 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 SGI Enhanced Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of SGI Enhanced Nasdaq is measured differently than its book value, which is the value of SGI that is recorded on the company's balance sheet. Investors also form their own opinion of SGI Enhanced's value that differs from its market value or its book value, called intrinsic value, which is SGI Enhanced's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SGI Enhanced's market value can be influenced by many factors that don't directly affect SGI Enhanced's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SGI Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if SGI Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SGI Enhanced's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.