Bowmo Ownership
| BOMO Stock | USD 0.0003 0.0001 25.00% |
Bowmo |
Bowmo Pink Sheet Ownership Analysis
The company last dividend was issued on the 10th of January 2019. Bowmo Inc had 1:20 split on the 10th of January 2019. bowmo, Inc. provides an intelligent software solution for staffing and recruiting industries. The company was founded in 2015 and is headquartered in New York, New York. Bowmo operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.The quote for Bowmo Inc is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Bowmo Inc please contact Eddie Aizman at 212-398-0002 or go to https://www.bowmo.com.Pair Trading with Bowmo
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 Bowmo 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 Bowmo will appreciate offsetting losses from the drop in the long position's value.Moving against Bowmo Pink Sheet
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| 0.6 | SAPGF | SAP SE | PairCorr |
| 0.54 | LGCY | Legacy Education | PairCorr |
The ability to find closely correlated positions to Bowmo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowmo 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 Bowmo - 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 Bowmo Inc to buy it.
The correlation of Bowmo 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 Bowmo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowmo Inc 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 Bowmo 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 Bowmo Pink Sheet
Bowmo financial ratios help investors to determine whether Bowmo Pink Sheet 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 Bowmo with respect to the benefits of owning Bowmo security.