Longterm Games Sa Stock Net Income
| LTM Stock | 5.90 0.32 5.73% |
Fundamental analysis of Longterm Games allows traders to better anticipate movements in Longterm Games' stock price by examining its financial health and performance throughout various phases of its business cycle.
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Longterm Games SA Company Net Income Analysis
Longterm Games' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, Longterm Games SA reported net income of 0.0. This indicator is about the same for the Consumer Cyclicals average (which is currently at 0.0) sector and about the same as Hotels & Entertainment Services (which currently averages 0.0) industry. This indicator is about the same for all Poland stocks average (which is currently at 0.0).
Longterm Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Longterm Games' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Longterm Games could also be used in its relative valuation, which is a method of valuing Longterm Games by comparing valuation metrics of similar companies.Longterm Games is currently under evaluation in net income category among its peers.
About Longterm Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Longterm Games SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Longterm Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Longterm Games SA 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 Longterm Games
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 Longterm Games 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 Longterm Games will appreciate offsetting losses from the drop in the long position's value.Moving together with Longterm Stock
| 0.65 | CCE | Clean Carbon Energy | PairCorr |
| 0.78 | ADX | ADX | PairCorr |
| 0.61 | AGL | Agroliga Group PLC | PairCorr |
| 0.67 | VEE | Vee SA | PairCorr |
Moving against Longterm Stock
| 0.9 | KGH | KGHM Polska Miedz | PairCorr |
| 0.87 | TOR | Torpol SA | PairCorr |
| 0.82 | OPL | OrangePL | PairCorr |
| 0.75 | CLD | Cloud Technologies | PairCorr |
| 0.74 | LSI | LSI Software SA | PairCorr |
The ability to find closely correlated positions to Longterm Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Longterm Games 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 Longterm Games - 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 Longterm Games SA to buy it.
The correlation of Longterm Games 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 Longterm Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Longterm Games SA 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 Longterm Games 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 Longterm Stock Analysis
When running Longterm Games' price analysis, check to measure Longterm Games' 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 Longterm Games is operating at the current time. Most of Longterm Games' value examination focuses on studying past and present price action to predict the probability of Longterm Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longterm Games' price. Additionally, you may evaluate how the addition of Longterm Games to your portfolios can decrease your overall portfolio volatility.