Emera Maine Pfd Preferred Stock Fundamentals
| BANGNDelisted Preferred Stock | USD 98.25 0.00 0.00% |
Emera Maine PFD fundamentals help investors to digest information that contributes to Emera Maine's financial success or failures. It also enables traders to predict the movement of Emera Pink Sheet. The fundamental analysis module provides a way to measure Emera Maine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Emera Maine pink sheet.
Emera |
About Emera Maine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emera Maine PFD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emera Maine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emera Maine PFD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Emera Maine provides electric delivery services to residential and business clients in the Bangor Hydro District and the Maine Public District. Emera Maine was formerly known as Bangor Hydro-Electric Company and changed its name to Emera Maine in November 2015. Emera Maine operates under Utilities - Regulated Electric classification in USA and traded on OTC Market. It employs 302 people.
Pair Trading with Emera Maine
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 Emera Maine 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 Emera Maine will appreciate offsetting losses from the drop in the long position's value.Moving against Emera Pink Sheet
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| 0.52 | PIFMF | PT Indofood Sukses | PairCorr |
The ability to find closely correlated positions to Emera Maine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emera Maine 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 Emera Maine - 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 Emera Maine PFD to buy it.
The correlation of Emera Maine 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 Emera Maine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emera Maine PFD 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 Emera Maine 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Emera Pink Sheet
If you are still planning to invest in Emera Maine PFD check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Emera Maine's history and understand the potential risks before investing.
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