Gevorkyan As Stock Current Valuation
| GEV Stock | 268.00 2.00 0.74% |
Valuation analysis of GEVORKYAN as helps investors to measure GEVORKYAN's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
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Pair Trading with GEVORKYAN
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 GEVORKYAN 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 GEVORKYAN will appreciate offsetting losses from the drop in the long position's value.Moving together with GEVORKYAN Stock
Moving against GEVORKYAN Stock
The ability to find closely correlated positions to GEVORKYAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GEVORKYAN 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 GEVORKYAN - 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 GEVORKYAN as to buy it.
The correlation of GEVORKYAN 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 GEVORKYAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GEVORKYAN as 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 GEVORKYAN 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 GEVORKYAN Stock Analysis
When running GEVORKYAN's price analysis, check to measure GEVORKYAN'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 GEVORKYAN is operating at the current time. Most of GEVORKYAN's value examination focuses on studying past and present price action to predict the probability of GEVORKYAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEVORKYAN's price. Additionally, you may evaluate how the addition of GEVORKYAN to your portfolios can decrease your overall portfolio volatility.