IAR SA Stock Forecast - Day Median Price
IAR Stock Forecast is based on your current time horizon.
IAR |
| Check IAR SA Volatility | Backtest IAR SA | Information Ratio |
The median price is the midpoint of the trading periods range.
Compare IAR SA to competition
IAR SA Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IAR SA stock to make a market-neutral strategy. Peer analysis of IAR SA could also be used in its relative valuation, which is a method of valuing IAR SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Pair Trading with IAR SA
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 IAR SA 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 IAR SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to IAR SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IAR SA 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 IAR SA - 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 IAR SA to buy it.
The correlation of IAR SA 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 IAR SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IAR 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 IAR SA 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 IAR Stock
IAR SA financial ratios help investors to determine whether IAR 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 IAR with respect to the benefits of owning IAR SA security.