Sogeclair Profitability Analysis
| ALSOG Stock | 28.50 0.90 3.26% |
For Sogeclair profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sogeclair to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sogeclair SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sogeclair's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sogeclair SA over time as well as its relative position and ranking within its peers.
Sogeclair |
ALSOG.PA fundamentals not found
We are unable to locate Sogeclair SA indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | ALSOG |
| Name | Sogeclair SA |
| Type | Stock |
| Country | France |
| Exchange | PA |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
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| AMZ | Alerian MLP Index | Index |
| A08163AA4 | USA08163AA41 | Corporate Bond |
| ALIUSD | Aluminum Futures | Commodity |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Use Sogeclair in pair-trading
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 Sogeclair 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 Sogeclair will appreciate offsetting losses from the drop in the long position's value.Sogeclair Pair Trading
Sogeclair SA Pair Trading Analysis
The ability to find closely correlated positions to Sogeclair could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sogeclair 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 Sogeclair - 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 Sogeclair SA to buy it.
The correlation of Sogeclair 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 Sogeclair moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sogeclair SA 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 Sogeclair 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.Use Investing Themes to Complement your Sogeclair position
In addition to having Sogeclair in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Energy Theme or any other thematic opportunities.
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Additional Tools for Sogeclair Stock Analysis
When running Sogeclair's price analysis, check to measure Sogeclair'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 Sogeclair is operating at the current time. Most of Sogeclair's value examination focuses on studying past and present price action to predict the probability of Sogeclair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sogeclair's price. Additionally, you may evaluate how the addition of Sogeclair to your portfolios can decrease your overall portfolio volatility.