Wireless Financial Statements From 2010 to 2024
332570 Stock | 2,180 50.00 2.24% |
Check Wireless Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wireless Power's main balance sheet or income statement drivers, such as , as well as many indicators such as . Wireless financial statements analysis is a perfect complement when working with Wireless Power Valuation or Volatility modules.
Wireless |
About Wireless Power Financial Statements
Wireless Power stakeholders use historical fundamental indicators, such as Wireless Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Wireless Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wireless Power's assets and liabilities are reflected in the revenues and expenses on Wireless Power'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 Wireless Power Amplifier. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Wireless Power
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 Wireless Power 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 Wireless Power will appreciate offsetting losses from the drop in the long position's value.Moving together with Wireless Stock
Moving against Wireless Stock
The ability to find closely correlated positions to Wireless Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wireless Power 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 Wireless Power - 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 Wireless Power Amplifier to buy it.
The correlation of Wireless Power 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 Wireless Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wireless Power Amplifier 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 Wireless Power 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 Wireless Stock
Wireless Power financial ratios help investors to determine whether Wireless 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 Wireless with respect to the benefits of owning Wireless Power security.