Imc Sa Stock Current Valuation
| IMC Stock | 13.20 0.05 0.38% |
Valuation analysis of IMC SA helps investors to measure IMC SA's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
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Pair Trading with IMC 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 IMC 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 IMC SA will appreciate offsetting losses from the drop in the long position's value.Moving against IMC Stock
| 0.8 | KGH | KGHM Polska Miedz | PairCorr |
| 0.56 | PCO | Pepco Group BV | PairCorr |
| 0.41 | SAN | Banco Santander SA | PairCorr |
| 0.4 | UCG | UniCredit SpA | PairCorr |
| 0.36 | ALE | Allegroeu SA | PairCorr |
The ability to find closely correlated positions to IMC 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 IMC 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 IMC 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 IMC SA to buy it.
The correlation of IMC 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 IMC SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IMC 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 IMC 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.Additional Tools for IMC Stock Analysis
When running IMC SA's price analysis, check to measure IMC SA's 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 IMC SA is operating at the current time. Most of IMC SA's value examination focuses on studying past and present price action to predict the probability of IMC SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMC SA's price. Additionally, you may evaluate how the addition of IMC SA to your portfolios can decrease your overall portfolio volatility.