Duc Financial Statements From 2010 to 2024
| GDT Stock | 26,700 100.00 0.38% |
Check Duc Thanh financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Duc Thanh's main balance sheet or income statement drivers, such as , as well as many indicators such as . Duc financial statements analysis is a perfect complement when working with Duc Thanh Valuation or Volatility modules.
Duc |
About Duc Thanh Financial Statements
Duc Thanh investors utilize fundamental indicators, such as revenue or net income, to predict how Duc 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 Duc Thanh
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 Duc Thanh 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 Duc Thanh will appreciate offsetting losses from the drop in the long position's value.Moving against Duc Stock
| 0.63 | ABS | Binhthuan Agriculture | PairCorr |
| 0.62 | AAM | Mekong Fisheries JSC | PairCorr |
| 0.59 | ADS | Damsan JSC | PairCorr |
| 0.51 | AAA | An Phat Plastic | PairCorr |
| 0.4 | ABT | Bentre Aquaproduct Import | PairCorr |
The ability to find closely correlated positions to Duc Thanh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duc Thanh 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 Duc Thanh - 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 Duc Thanh Wood to buy it.
The correlation of Duc Thanh 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 Duc Thanh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duc Thanh Wood 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 Duc Thanh 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 Duc Stock
Duc Thanh financial ratios help investors to determine whether Duc 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 Duc with respect to the benefits of owning Duc Thanh security.