Detalion Games Sa Stock Price To Earnings To Growth
| DEG Stock | 0.95 0.05 5.00% |
Detalion Games SA fundamentals help investors to digest information that contributes to Detalion Games' financial success or failures. It also enables traders to predict the movement of Detalion Stock. The fundamental analysis module provides a way to measure Detalion Games' 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 Detalion Games stock.
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Detalion Games SA Company Price To Earnings To Growth Analysis
Detalion Games' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Based on the latest financial disclosure, Detalion Games SA has a Price To Earnings To Growth of 0.0 times. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Price To Earnings To Growth (which currently averages 0.0) industry. This indicator is about the same for all Poland stocks average (which is currently at 0.0).
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About Detalion Games Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Detalion Games SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Detalion Games using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Detalion Games SA 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.
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Pair Trading with Detalion Games
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 Detalion Games 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 Detalion Games will appreciate offsetting losses from the drop in the long position's value.Moving together with Detalion Stock
Moving against Detalion Stock
| 0.83 | CEZ | CEZ as | PairCorr |
| 0.69 | DNP | Dino Polska SA | PairCorr |
| 0.49 | UCG | UniCredit SpA | PairCorr |
| 0.44 | SAN | Banco Santander SA | PairCorr |
| 0.33 | NOV | Novina SA | PairCorr |
The ability to find closely correlated positions to Detalion Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Detalion Games 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 Detalion Games - 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 Detalion Games SA to buy it.
The correlation of Detalion Games 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 Detalion Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Detalion Games 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 Detalion Games 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.Additional Tools for Detalion Stock Analysis
When running Detalion Games' price analysis, check to measure Detalion Games' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Detalion Games is operating at the current time. Most of Detalion Games' value examination focuses on studying past and present price action to predict the probability of Detalion Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Detalion Games' price. Additionally, you may evaluate how the addition of Detalion Games to your portfolios can decrease your overall portfolio volatility.