KNOTUS CoLtd Earnings Estimate
KNOTUS CoLtd Earnings per Share Projection vs Actual
About KNOTUS CoLtd Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of KNOTUS CoLtd earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current KNOTUS CoLtd estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as KNOTUS CoLtd fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.It offers platform technology services, such as cell-enzyme-based screening, xenograft assay, mitogenic effect test, vaccine antigen, antibody titration, cytokine, MRNA expression, trachea relaxation assay, carrageenan, adjuvant induced paw edema, antipyretic, anti-pain test, isolated blood vessel screening, fibrin plate lysis screening, ferric chloride induced model, food diet induced model, gastric acid secretion, emesis model, MIC test, post antibody effect, enzyme assay, systemic, local infection model, PK study, chemical, transgenic animal, osteoblast-like cell line screening, bone formation marker, and biomarker. The company also provides pharmacokinetictoxico study, toxicology study, and biological drug and toxicclinical pathology services. KNOTUS is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with KNOTUS CoLtd
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 KNOTUS CoLtd 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 KNOTUS CoLtd will appreciate offsetting losses from the drop in the long position's value.Moving together with KNOTUS Stock
Moving against KNOTUS Stock
| 0.68 | 041510 | SM Entertainment | PairCorr |
| 0.64 | 035420 | Naver | PairCorr |
| 0.55 | 078160 | MEDIPOST | PairCorr |
| 0.55 | 011390 | Busan Industrial | PairCorr |
| 0.47 | 032640 | LG Uplus | PairCorr |
The ability to find closely correlated positions to KNOTUS CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KNOTUS CoLtd 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 KNOTUS CoLtd - 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 KNOTUS CoLtd to buy it.
The correlation of KNOTUS CoLtd 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 KNOTUS CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KNOTUS CoLtd 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 KNOTUS CoLtd 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 KNOTUS Stock
KNOTUS CoLtd financial ratios help investors to determine whether KNOTUS 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 KNOTUS with respect to the benefits of owning KNOTUS CoLtd security.