Alphanam Financial Statements From 2010 to 2025
| AME Stock | 4,800 100.00 2.13% |
Check Alphanam financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphanam's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alphanam financial statements analysis is a perfect complement when working with Alphanam Valuation or Volatility modules.
Alphanam |
About Alphanam Financial Statements
Alphanam investors utilize fundamental indicators, such as revenue or net income, to predict how Alphanam Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Pair Trading with Alphanam
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 Alphanam 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 Alphanam will appreciate offsetting losses from the drop in the long position's value.Moving together with Alphanam Stock
Moving against Alphanam Stock
| 0.84 | ICT | Telecoms Informatics JSC | PairCorr |
| 0.49 | ABS | Binhthuan Agriculture | PairCorr |
| 0.43 | ABT | Bentre Aquaproduct Import | PairCorr |
The ability to find closely correlated positions to Alphanam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphanam 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 Alphanam - 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 Alphanam ME to buy it.
The correlation of Alphanam 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 Alphanam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphanam ME 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 Alphanam 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 Alphanam Stock
Alphanam financial ratios help investors to determine whether Alphanam 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 Alphanam with respect to the benefits of owning Alphanam security.