17 Education Historical Valuation
| YQ Stock | USD 1.90 0.10 5.56% |
Some fundamental drivers such as market cap or 17 Education enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze 17 Education Technology valuation indicators such as Market Cap of 128 M or Working Capital of 0.0 to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of 17 Education's future value.
17 Education |
About 17 Education Valuation Data Analysis
Valuation is the financial process of determining what 17 Education is worth. 17 Education valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. 17 Education valuation ratios help investors to determine whether 17 Education 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 17 Education with respect to the benefits of owning 17 Education security.
17 Education Valuation Data Chart
Pair Trading with 17 Education
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 17 Education 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 17 Education will appreciate offsetting losses from the drop in the long position's value.Moving together with 17 Education Stock
Moving against 17 Education Stock
The ability to find closely correlated positions to 17 Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 17 Education 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 17 Education - 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 17 Education Technology to buy it.
The correlation of 17 Education 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 17 Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 17 Education Technology 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 17 Education 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 17 Education Stock Analysis
When running 17 Education's price analysis, check to measure 17 Education'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 17 Education is operating at the current time. Most of 17 Education's value examination focuses on studying past and present price action to predict the probability of 17 Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 17 Education's price. Additionally, you may evaluate how the addition of 17 Education to your portfolios can decrease your overall portfolio volatility.