ADATOM COM Earnings Estimate

No earning estimates are available for ADATOM COM INC -- either current or for the upcoming years. Earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock fails to match professional earnings estimates, it usually performs purely. That's referred by wall street as a 'negative surprise.' If ADATOM COM INC 'beats' future estimates it's usually called an 'upside surprise.'
  
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Pair Trading with ADATOM COM

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 ADATOM COM 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 ADATOM COM will appreciate offsetting losses from the drop in the long position's value.

ADATOM COM Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Western Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Western Digital 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 Western Digital - 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 Western Digital Cp to buy it.
The correlation of Western Digital is a statistical measure of how it moves in relation to other equities. 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 Western Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Western Digital Cp 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 Western Digital 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities. Note that the ADATOM COM INC information on this page should be used as a complementary analysis to other ADATOM COM's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Tools for ADATOM Stock

When running ADATOM COM INC price analysis, check to measure ADATOM COM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ADATOM COM is operating at the current time. Most of ADATOM COM's value examination focuses on studying past and present price action to predict the probability of ADATOM COM's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ADATOM COM's price. Additionally, you may evaluate how the addition of ADATOM COM to your portfolios can decrease your overall portfolio volatility.
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