Saule Technologies Sa Stock Cash And Equivalents
| SLT Stock | 1.20 0.08 6.25% |
Saule Technologies SA fundamentals help investors to digest information that contributes to Saule Technologies' financial success or failures. It also enables traders to predict the movement of Saule Stock. The fundamental analysis module provides a way to measure Saule Technologies' 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 Saule Technologies stock.
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Saule Technologies SA Company Cash And Equivalents Analysis
Saule Technologies' 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).
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In accordance with the recently published financial statements, Saule Technologies SA has 0.0 in Cash And Equivalents. This indicator is about the same for the Financials average (which is currently at 0.0) sector and about the same as Investment Banking & Investment Services (which currently averages 0.0) industry. This indicator is about the same for all Poland stocks average (which is currently at 0.0).
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About Saule Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Saule Technologies SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Saule Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Saule Technologies 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 Saule 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 Saule 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 Saule Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Saule Stock
Moving against Saule Stock
The ability to find closely correlated positions to Saule 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 Saule 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 Saule 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 Saule Technologies SA to buy it.
The correlation of Saule 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 Saule Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saule 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 Saule 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.Additional Tools for Saule Stock Analysis
When running Saule Technologies' price analysis, check to measure Saule Technologies' 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 Saule Technologies is operating at the current time. Most of Saule Technologies' value examination focuses on studying past and present price action to predict the probability of Saule Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saule Technologies' price. Additionally, you may evaluate how the addition of Saule Technologies to your portfolios can decrease your overall portfolio volatility.