Cemtrex Stock Based Compensation To Revenue from 2010 to 2024
| CETXPDelisted Preferred Stock | USD 0.85 0.09 11.84% |
Check Cemtrex Pref financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex Pref's main balance sheet or income statement drivers, such as , as well as many indicators such as . Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Pref Valuation or Volatility modules.
Cemtrex |
About Cemtrex Pref Financial Statements
Cemtrex Pref shareholders use historical fundamental indicators, such as Stock Based Compensation To Revenue, to determine how well the company is positioned to perform in the future. Although Cemtrex Pref investors may analyze each financial statement separately, they are all interrelated. The changes in Cemtrex Pref's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cemtrex Pref's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Cemtrex, Inc. operates as a technology company in the United States and internationally. Cemtrex, Inc. was incorporated in 1998 and is based in Brooklyn, New York. Cemtrex Inc operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 344 people.
Pair Trading with Cemtrex Pref
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 Cemtrex Pref 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 Cemtrex Pref will appreciate offsetting losses from the drop in the long position's value.Moving against Cemtrex Preferred Stock
| 0.78 | MQ | Marqeta | PairCorr |
| 0.71 | VERI | Veritone | PairCorr |
| 0.71 | VRNS | Varonis Systems | PairCorr |
| 0.61 | VHAI | VHAI | PairCorr |
| 0.58 | DOCN | DigitalOcean Holdings | PairCorr |
The ability to find closely correlated positions to Cemtrex Pref could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemtrex Pref 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 Cemtrex Pref - 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 Cemtrex Pref to buy it.
The correlation of Cemtrex Pref 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 Cemtrex Pref moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemtrex Pref 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 Cemtrex Pref 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Cemtrex Preferred Stock
If you are still planning to invest in Cemtrex Pref check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cemtrex Pref's history and understand the potential risks before investing.
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