International Research Development from 2010 to 2024
| IBM Stock | 34.19 0.10 0.29% |
Research Development | First Reported 2010-12-31 | Previous Quarter 6.8 B | Current Value 6.9 B | Quarterly Volatility 602.5 M |
Check International Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among International Business' main balance sheet or income statement drivers, such as Tax Provision of 1.2 B, Interest Income of 703.5 M or Interest Expense of 1.3 B, as well as many indicators such as . International financial statements analysis is a perfect complement when working with International Business Valuation or Volatility modules.
International | Research Development |
Pair Trading with International Business
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 International Business 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 International Business will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to International Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Business 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 International Business - 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 International Business Machines to buy it.
The correlation of International Business 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 International Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Business 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 International Business 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 the analysis of International Business Correlation against competitors. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.