The Meet Kevin Etf Cash And Equivalents
| PPDelisted Etf | 26.10 0.00 0.00% |
The Meet Kevin fundamentals help investors to digest information that contributes to Meet Kevin's financial success or failures. It also enables traders to predict the movement of Meet Etf. The fundamental analysis module provides a way to measure Meet Kevin'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 Meet Kevin etf.
Meet |
The Meet Kevin ETF Cash And Equivalents Analysis
Meet Kevin's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, The Meet Kevin has 0.0 in Cash And Equivalents. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Technology (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Meet Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meet Kevin's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Meet Kevin could also be used in its relative valuation, which is a method of valuing Meet Kevin by comparing valuation metrics of similar companies.Meet Kevin is currently under evaluation in cash and equivalents as compared to similar ETFs.
Meet Fundamentals
| Number Of Employees | 22 | |||
| One Year Return | (3.60) % |
About Meet Kevin Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Meet Kevin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meet Kevin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Meet Kevin based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 Meet Kevin
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 Meet Kevin 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 Meet Kevin will appreciate offsetting losses from the drop in the long position's value.Moving against Meet Etf
| 0.81 | NFLX | Netflix Sell-off Trend | PairCorr |
| 0.64 | CIBR | First Trust NASDAQ | PairCorr |
| 0.5 | EEM | iShares MSCI Emerging Sell-off Trend | PairCorr |
| 0.48 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.45 | GDXU | MicroSectors Gold Miners | PairCorr |
The ability to find closely correlated positions to Meet Kevin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meet Kevin 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 Meet Kevin - 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 The Meet Kevin to buy it.
The correlation of Meet Kevin 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 Meet Kevin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meet Kevin 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 Meet Kevin 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Consideration for investing in Meet Etf
If you are still planning to invest in Meet Kevin check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meet Kevin's history and understand the potential risks before investing.
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