Guardian Capital Group Stock Statistic Functions Beta
| GCG Stock | CAD 42.50 0.50 1.19% |
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Guardian Capital correlated with the market. If Beta is less than 0 Guardian Capital generally moves in the opposite direction as compared to the market. If Guardian Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Guardian Capital is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Guardian Capital is generally in the same direction as the market. If Beta > 1 Guardian Capital moves generally in the same direction as, but more than the movement of the benchmark.
Guardian Capital Technical Analysis Modules
Most technical analysis of Guardian Capital help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Guardian from various momentum indicators to cycle indicators. When you analyze Guardian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Guardian Capital Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Guardian Capital Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Guardian Capital Group based on widely used predictive technical indicators. In general, we focus on analyzing Guardian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Guardian Capital's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Guardian Capital's intrinsic value. In addition to deriving basic predictive indicators for Guardian Capital, we also check how macroeconomic factors affect Guardian Capital price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0198 | 0.0245 | 0.028 | 0.0294 | Price To Sales Ratio | 2.26 | 4.43 | 4.44 | 3.88 |
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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
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Guardian Capital 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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.Guardian Capital Pair Trading
Guardian Capital Group Pair Trading Analysis
The ability to find closely correlated positions to Guardian Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Capital 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 Guardian Capital - 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 Guardian Capital Group to buy it.
The correlation of Guardian Capital 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 Guardian Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Capital 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 Guardian Capital 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 Guardian Stock
Guardian Capital financial ratios help investors to determine whether Guardian 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 Guardian with respect to the benefits of owning Guardian Capital security.