BINEX (Korea) Market Value
BINEX's market value is the price at which a share of BINEX trades on a public exchange. It measures the collective expectations of BINEX Co investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of BINEX Co and determine expected loss or profit from investing in BINEX over a given investment horizon. 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 nation.
| Symbol | BINEX |
Search Suggestions
| 0P0001GXZ7 | Oaktree Iii | OTC Fund |
| 00440EAH0 | ACE INA HLDGS | Corporate Bond |
Pair Trading with BINEX
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 BINEX 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 BINEX will appreciate offsetting losses from the drop in the long position's value.Moving together with BINEX Stock
Moving against BINEX Stock
The ability to find closely correlated positions to BINEX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BINEX 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 BINEX - 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 BINEX Co to buy it.
The correlation of BINEX 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 BINEX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BINEX 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 BINEX 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 BINEX Stock
BINEX financial ratios help investors to determine whether BINEX 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 BINEX with respect to the benefits of owning BINEX security.