Coffee Profitability Analysis
| KCUSX Commodity | 356.35 1.30 0.36% |
For Coffee profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coffee to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coffee utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coffee's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coffee over time as well as its relative position and ranking within its peers.
Coffee |
KCUSX fundamentals not found
We are unable to locate Coffee 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 | KCUSX |
| Name | Coffee |
| Type | Commodity |
| Country | United States |
| Exchange | Commodity |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
| K | Kellanova | Company |
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| KF | Korea Closed | Fund |
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| KCUSX | Coffee | 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 Coffee 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 Coffee 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 Coffee will appreciate offsetting losses from the drop in the long position's value.Coffee Pair Trading
Coffee Pair Trading Analysis
The ability to find closely correlated positions to Coffee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coffee 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 Coffee - 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 Coffee to buy it.
The correlation of Coffee 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 Coffee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coffee 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 Coffee 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 Coffee position
In addition to having Coffee 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 Sovereign ETFs Thematic Idea Now
Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 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 Sovereign ETFs Theme or any other thematic opportunities.
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