Jin Air Ownership
| 272450 Stock | 10,320 180.00 1.71% |
Jin |
Jin Stock Ownership Analysis
About 58.0% of the company shares are owned by insiders or employees . The company recorded earning per share (EPS) of 585.0. Jin Air last dividend was issued on the 27th of December 2018. The entity had 1063:1031 split on the 23rd of September 2021. For more info on Jin Air Co please contact the company at 82 1 600 6200 or go to https://www.jinair.com.Pair Trading with Jin Air
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 Jin Air 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 Jin Air will appreciate offsetting losses from the drop in the long position's value.Moving together with Jin Stock
Moving against Jin Stock
The ability to find closely correlated positions to Jin Air could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jin Air 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 Jin Air - 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 Jin Air Co to buy it.
The correlation of Jin Air 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 Jin Air moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jin Air 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 Jin Air 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.Other Information on Investing in Jin Stock
Jin Air financial ratios help investors to determine whether Jin 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 Jin with respect to the benefits of owning Jin Air security.