Klp Aksjeglobal Indeks Fund Net Asset
0P00001BHH | 4,138 0.00 0.00% |
KLP |
0P00001BHH.IR fundamentals not found at this time
Did you try this?
Run Portfolio Diagnostics Now
Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
All Next | Launch Module |
Pair Trading with KLP AksjeGlobal
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 KLP AksjeGlobal 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 KLP AksjeGlobal will appreciate offsetting losses from the drop in the long position's value.Moving together with KLP Fund
0.96 | IE00B065CV35 | Franklin Floating Rate | PairCorr |
0.95 | IE0032578035 | Franklin Floating Rate | PairCorr |
0.96 | IE00B000C709 | Franklin Floating Rate | PairCorr |
The ability to find closely correlated positions to KLP AksjeGlobal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KLP AksjeGlobal 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 KLP AksjeGlobal - 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 KLP AksjeGlobal Indeks to buy it.
The correlation of KLP AksjeGlobal 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 KLP AksjeGlobal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KLP AksjeGlobal Indeks 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 KLP AksjeGlobal 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.Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |