Enity Profitability Analysis
| ENITY Stock | 110.70 0.74 0.66% |
For Enity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enity utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enity over time as well as its relative position and ranking within its peers.
Enity |
ENITY.ST fundamentals not found
We are unable to locate Enity 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 | ENITY |
| Name | Enity |
| Type | Stock |
| Country | Sweden |
| Exchange | ST |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
| ENI | Eni SpA | CompanyDelisted |
| E | Eni SpA ADR | Company |
| ENIAX | Siit Opportunistic Income | Mutual Fund |
| 26874RAE8 | ENIIM 475 12 SEP 28 | Corporate Bond |
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 Enity 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 Enity 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 Enity will appreciate offsetting losses from the drop in the long position's value.Enity Pair Trading
Enity Pair Trading Analysis
The ability to find closely correlated positions to Enity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enity 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 Enity - 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 Enity to buy it.
The correlation of Enity 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 Enity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enity 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 Enity 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 Enity position
In addition to having Enity 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 Social Domain Thematic Idea Now
Social Domain
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 24 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 Social Domain Theme or any other thematic opportunities.
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Additional Tools for Enity Stock Analysis
When running Enity's price analysis, check to measure Enity'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 Enity is operating at the current time. Most of Enity's value examination focuses on studying past and present price action to predict the probability of Enity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enity's price. Additionally, you may evaluate how the addition of Enity to your portfolios can decrease your overall portfolio volatility.