AMERICAN Beta

AMERICAN ELEDRN fundamentals help investors to digest information that contributes to AMERICAN ELEDRN's financial success or failures. It also enables traders to predict the movement of AMERICAN Stock. The fundamental analysis module provides a way to measure AMERICAN ELEDRN'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 AMERICAN ELEDRN stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

AMERICAN Beta Analysis

AMERICAN ELEDRN's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis

Current AMERICAN ELEDRN Beta

    
  0.26  
Most of AMERICAN ELEDRN's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AMERICAN ELEDRN is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

In accordance with the recently published financial statements, AMERICAN ELEDRN has a Beta of 0.26. This is 42.22% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The beta for all Brazil stocks is notably lower than that of the firm.

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Let's try to break down what AMERICAN's beta means in this case. As returns on the market increase, AMERICAN ELEDRN returns are expected to increase less than the market. However, during the bear market, the loss on holding AMERICAN ELEDRN will be expected to be smaller as well.

AMERICAN Fundamentals

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AMERICAN ELEDRN in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AMERICAN ELEDRN's short interest history, or implied volatility extrapolated from AMERICAN ELEDRN options trading.

Pair Trading with AMERICAN ELEDRN

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 AMERICAN ELEDRN 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 AMERICAN ELEDRN will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Twitter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Twitter 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 Twitter - 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 Twitter to buy it.
The correlation of Twitter 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 Twitter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Twitter 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 Twitter 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 AMERICAN ELEDRN information on this page should be used as a complementary analysis to other AMERICAN ELEDRN'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Tools for AMERICAN Stock

When running AMERICAN ELEDRN price analysis, check to measure AMERICAN ELEDRN'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 AMERICAN ELEDRN is operating at the current time. Most of AMERICAN ELEDRN's value examination focuses on studying past and present price action to predict the probability of AMERICAN ELEDRN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AMERICAN ELEDRN's price. Additionally, you may evaluate how the addition of AMERICAN ELEDRN to your portfolios can decrease your overall portfolio volatility.
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