Detalion Financial Statements From 2010 to 2024
| DEG Stock | 0.95 0.05 5.00% |
Check Detalion Games financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Detalion Games' main balance sheet or income statement drivers, such as , as well as many indicators such as . Detalion financial statements analysis is a perfect complement when working with Detalion Games Valuation or Volatility modules.
Detalion |
About Detalion Games Financial Statements
Detalion Games shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Detalion Games investors may analyze each financial statement separately, they are all interrelated. The changes in Detalion Games' assets and liabilities, for example, are also reflected in the revenues and expenses on on Detalion Games' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with Detalion Games
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 Detalion Games 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 Detalion Games will appreciate offsetting losses from the drop in the long position's value.Moving together with Detalion Stock
Moving against Detalion Stock
| 0.83 | CEZ | CEZ as | PairCorr |
| 0.69 | DNP | Dino Polska SA | PairCorr |
| 0.49 | UCG | UniCredit SpA | PairCorr |
| 0.44 | SAN | Banco Santander SA | PairCorr |
| 0.33 | NOV | Novina SA | PairCorr |
The ability to find closely correlated positions to Detalion Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Detalion Games 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 Detalion Games - 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 Detalion Games SA to buy it.
The correlation of Detalion Games 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 Detalion Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Detalion Games SA 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 Detalion Games 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 Detalion Stock Analysis
When running Detalion Games' price analysis, check to measure Detalion Games' 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 Detalion Games is operating at the current time. Most of Detalion Games' value examination focuses on studying past and present price action to predict the probability of Detalion Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Detalion Games' price. Additionally, you may evaluate how the addition of Detalion Games to your portfolios can decrease your overall portfolio volatility.