Fmto New Stock Market Value
| FMTO Stock | 3.53 0.82 18.85% |
| Symbol | FMTO |
Search Suggestions
| F | Ford Motor | Company |
| F-PB | Ford Motor | Company |
| FAX | Aberdeen Asia Pacific If | Fund |
| FB | ProShares Trust ProShares | ETF |
| FVX | Treasury Yield 5 | Index |
| FF | Falcon Finance | Cryptocurrency |
| F43628C65 | SOCGEN 425 19 AUG 26 | Corporate Bond |
Pair Trading with FMTO New
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 FMTO New 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 FMTO New will appreciate offsetting losses from the drop in the long position's value.Moving against FMTO Stock
| 0.77 | CAT | Caterpillar | PairCorr |
| 0.72 | AXP | American Express | PairCorr |
| 0.71 | IBM | International Business | PairCorr |
| 0.69 | DD | Dupont De Nemours | PairCorr |
| 0.66 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
The ability to find closely correlated positions to FMTO New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FMTO New 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 FMTO New - 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 FMTO New to buy it.
The correlation of FMTO New 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 FMTO New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FMTO New 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 FMTO New 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
FMTO New technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.