204610 Financial Statements From 2010 to 2025
204610 Stock | 1,710 5.00 0.29% |
Check T3 Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among T3 Entertainment's main balance sheet or income statement drivers, such as , as well as many indicators such as . 204610 financial statements analysis is a perfect complement when working with T3 Entertainment Valuation or Volatility modules.
204610 |
About T3 Entertainment Financial Statements
T3 Entertainment stakeholders use historical fundamental indicators, such as T3 Entertainment's revenue or net income, to determine how well the company is positioned to perform in the future. Although T3 Entertainment investors may analyze each financial statement separately, they are all interrelated. For example, changes in T3 Entertainment's assets and liabilities are reflected in the revenues and expenses on T3 Entertainment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in T3 Entertainment Co. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with T3 Entertainment
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 T3 Entertainment 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 T3 Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving together with 204610 Stock
Moving against 204610 Stock
0.87 | 051915 | LG Chem | PairCorr |
0.87 | 051910 | LG Chemicals | PairCorr |
0.82 | 006400 | Samsung SDI | PairCorr |
0.79 | 373220 | LG Energy Solution | PairCorr |
0.75 | 066570 | LG Electronics | PairCorr |
The ability to find closely correlated positions to T3 Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace T3 Entertainment 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 T3 Entertainment - 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 T3 Entertainment Co to buy it.
The correlation of T3 Entertainment 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 T3 Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if T3 Entertainment 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 T3 Entertainment 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 204610 Stock
T3 Entertainment financial ratios help investors to determine whether 204610 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 204610 with respect to the benefits of owning T3 Entertainment security.