National Financial Statements From 2010 to 2024
| NVB Stock | 8,900 200.00 2.30% |
Check National Citizen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Citizen's main balance sheet or income statement drivers, such as , as well as many indicators such as . National financial statements analysis is a perfect complement when working with National Citizen Valuation or Volatility modules.
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About National Citizen Financial Statements
National Citizen investors utilize fundamental indicators, such as revenue or net income, to predict how National 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 National Citizen
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 National Citizen 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 National Citizen will appreciate offsetting losses from the drop in the long position's value.Moving together with National Stock
Moving against National Stock
| 0.53 | ICT | Telecoms Informatics JSC | PairCorr |
| 0.48 | BCF | Bich Chi Food | PairCorr |
| 0.45 | ELC | Elcom Technology Com | PairCorr |
| 0.43 | SMA | Saigon Machinery Spare | PairCorr |
The ability to find closely correlated positions to National Citizen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Citizen 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 National Citizen - 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 National Citizen Commercial to buy it.
The correlation of National Citizen 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 National Citizen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Citizen Com 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 National Citizen 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 National Stock
National Citizen financial ratios help investors to determine whether National 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 National with respect to the benefits of owning National Citizen security.