HID Financial Statements From 2010 to 2024
| HID Stock | 2,650 10.00 0.38% |
Check Ha Long financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ha Long's main balance sheet or income statement drivers, such as , as well as many indicators such as . HID financial statements analysis is a perfect complement when working with Ha Long Valuation or Volatility modules.
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About Ha Long Financial Statements
Ha Long investors utilize fundamental indicators, such as revenue or net income, to predict how HID Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Ha Long
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 Ha Long 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 Ha Long will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ha Long could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ha Long 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 Ha Long - 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 Ha Long Investment to buy it.
The correlation of Ha Long 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 Ha Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ha Long Investment 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 Ha Long 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 HID Stock
Ha Long financial ratios help investors to determine whether HID 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 HID with respect to the benefits of owning Ha Long security.