Chinese Gamer Earnings Estimate
Chinese Gamer Earnings per Share Projection vs Actual
About Chinese Gamer Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Chinese Gamer 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 Chinese Gamer 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 Chinese Gamer 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.Chinese Gamer International Corporation operates as an online game development company in Taiwan. Chinese Gamer International Corporation is a subsidiary of Soft-World International Corporation. CHINESE GAMER is traded on Taiwan OTC Exchange in Taiwan.
Pair Trading with Chinese Gamer
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 Chinese Gamer 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 Chinese Gamer will appreciate offsetting losses from the drop in the long position's value.Moving together with Chinese Stock
Moving against Chinese Stock
| 0.57 | 6803 | ECOVE Environment Corp | PairCorr |
| 0.44 | 2705 | Leofoo Development | PairCorr |
| 0.34 | 2882A | Cathay Financial Holding | PairCorr |
The ability to find closely correlated positions to Chinese Gamer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chinese Gamer 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 Chinese Gamer - 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 Chinese Gamer International to buy it.
The correlation of Chinese Gamer 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 Chinese Gamer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chinese Gamer Intern 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 Chinese Gamer 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.Additional Tools for Chinese Stock Analysis
When running Chinese Gamer's price analysis, check to measure Chinese Gamer'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 Chinese Gamer is operating at the current time. Most of Chinese Gamer's value examination focuses on studying past and present price action to predict the probability of Chinese Gamer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chinese Gamer's price. Additionally, you may evaluate how the addition of Chinese Gamer to your portfolios can decrease your overall portfolio volatility.