NATO Financial Statements From 2010 to 2024
| NATO Etf | 25.36 0.62 2.39% |
Check NATO financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NATO's main balance sheet or income statement drivers, such as , as well as many indicators such as . NATO financial statements analysis is a perfect complement when working with NATO Valuation or Volatility modules.
NATO |
About NATO Financial Statements
NATO investors utilize fundamental indicators, such as revenue or net income, to predict how NATO Etf 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.
NATO is entity of United States. It is traded as Etf on NASDAQ exchange.
Pair Trading with NATO
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 NATO 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 NATO will appreciate offsetting losses from the drop in the long position's value.Moving together with NATO Etf
| 0.89 | XLI | Industrial Select Sector | PairCorr |
| 0.79 | DRVN | Driven Brands Holdings | PairCorr |
| 0.71 | ITA | iShares Aerospace Defense | PairCorr |
| 0.91 | VIS | Vanguard Industrials | PairCorr |
| 0.75 | JETS | US Global Jets | PairCorr |
The ability to find closely correlated positions to NATO could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NATO 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 NATO - 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 NATO to buy it.
The correlation of NATO 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 NATO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NATO 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 NATO 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.Check out the analysis of NATO Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of NATO is measured differently than its book value, which is the value of NATO that is recorded on the company's balance sheet. Investors also form their own opinion of NATO's value that differs from its market value or its book value, called intrinsic value, which is NATO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NATO's market value can be influenced by many factors that don't directly affect NATO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NATO's value and its price as these two are different measures arrived at by different means. Investors typically determine if NATO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NATO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.