Vietnam Rubber Group Stock Filter Stocks by Fundamentals
| GVR Stock | 31,350 100.00 0.32% |
Vietnam Rubber Group fundamentals help investors to digest information that contributes to Vietnam Rubber's financial success or failures. It also enables traders to predict the movement of Vietnam Stock. The fundamental analysis module provides a way to measure Vietnam Rubber's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vietnam Rubber stock.
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About Vietnam Rubber Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vietnam Rubber Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vietnam Rubber using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vietnam Rubber Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Vietnam Rubber
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 Vietnam Rubber 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 Vietnam Rubber will appreciate offsetting losses from the drop in the long position's value.Moving together with Vietnam Stock
The ability to find closely correlated positions to Vietnam Rubber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vietnam Rubber 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 Vietnam Rubber - 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 Vietnam Rubber Group to buy it.
The correlation of Vietnam Rubber 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 Vietnam Rubber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vietnam Rubber Group 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 Vietnam Rubber 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 Vietnam Stock
Vietnam Rubber financial ratios help investors to determine whether Vietnam 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 Vietnam with respect to the benefits of owning Vietnam Rubber security.