Artego Tg Jiu Stock Fundamentals
| ARTE Stock | 16.40 0.10 0.61% |
Artego Tg Jiu fundamentals help investors to digest information that contributes to Artego Tg's financial success or failures. It also enables traders to predict the movement of Artego Stock. The fundamental analysis module provides a way to measure Artego Tg's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Artego Tg stock.
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About Artego Tg Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Artego Tg Jiu's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Artego Tg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Artego Tg Jiu based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Artego Tg
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 Artego Tg 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 Artego Tg will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Artego Tg could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artego Tg 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 Artego Tg - 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 Artego Tg Jiu to buy it.
The correlation of Artego Tg 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 Artego Tg moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artego Tg Jiu 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 Artego Tg 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 Artego Stock
Artego Tg financial ratios help investors to determine whether Artego 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 Artego with respect to the benefits of owning Artego Tg security.