Carnegie Financial Statements From 2010 to 2024
| CMINOA Stock | DKK 129.00 0.45 0.35% |
Check Carnegie Wealth financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carnegie Wealth's main balance sheet or income statement drivers, such as , as well as many indicators such as . Carnegie financial statements analysis is a perfect complement when working with Carnegie Wealth Valuation or Volatility modules.
Carnegie |
About Carnegie Wealth Financial Statements
Carnegie Wealth stakeholders use historical fundamental indicators, such as Carnegie Wealth's revenue or net income, to determine how well the company is positioned to perform in the future. Although Carnegie Wealth investors may analyze each financial statement separately, they are all interrelated. For example, changes in Carnegie Wealth's assets and liabilities are reflected in the revenues and expenses on Carnegie Wealth's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Carnegie Wealth Management. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Carnegie Wealth
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 Carnegie Wealth 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 Carnegie Wealth will appreciate offsetting losses from the drop in the long position's value.Moving together with Carnegie Stock
Moving against Carnegie Stock
| 0.47 | MAERSK-A | AP Mller | PairCorr |
| 0.46 | MAERSK-B | AP Mller | PairCorr |
| 0.45 | DSV | DSV Panalpina AS | PairCorr |
| 0.42 | DKIGLOVO | Danske Invest | PairCorr |
| 0.41 | MAJDKO | Maj Invest | PairCorr |
The ability to find closely correlated positions to Carnegie Wealth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carnegie Wealth 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 Carnegie Wealth - 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 Carnegie Wealth Management to buy it.
The correlation of Carnegie Wealth 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 Carnegie Wealth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carnegie Wealth Mana 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 Carnegie Wealth 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 Carnegie Stock
Carnegie Wealth financial ratios help investors to determine whether Carnegie 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 Carnegie with respect to the benefits of owning Carnegie Wealth security.