RetinalGenix Financial Statements From 2010 to 2026
| RTGN Stock | USD 3.20 0.00 0.00% |
Check RetinalGenix Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RetinalGenix Technologies' main balance sheet or income statement drivers, such as , as well as many indicators such as . RetinalGenix financial statements analysis is a perfect complement when working with RetinalGenix Technologies Valuation or Volatility modules.
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Pair Trading with RetinalGenix Technologies
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 RetinalGenix Technologies 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 RetinalGenix Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against RetinalGenix OTC Stock
The ability to find closely correlated positions to RetinalGenix Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RetinalGenix Technologies 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 RetinalGenix Technologies - 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 RetinalGenix Technologies to buy it.
The correlation of RetinalGenix Technologies 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 RetinalGenix Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RetinalGenix Technologies 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 RetinalGenix Technologies 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 RetinalGenix OTC Stock
RetinalGenix Technologies financial ratios help investors to determine whether RetinalGenix OTC 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 RetinalGenix with respect to the benefits of owning RetinalGenix Technologies security.