KIM KINDEX Ownership
| 105190 Etf | 35,610 685.00 1.96% |
KIM |
KIM KINDEX Outstanding Bonds
KIM KINDEX issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. KIM KINDEX 200 uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most KIM bonds can be classified according to their maturity, which is the date when KIM KINDEX 200 has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Pair Trading with KIM KINDEX
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 KIM KINDEX 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 KIM KINDEX will appreciate offsetting losses from the drop in the long position's value.Moving together with KIM Etf
| 0.9 | 102780 | Samsung KODEX Samsung | PairCorr |
| 0.67 | 088980 | Macq Kor Infr | PairCorr |
| 0.89 | 472720 | 472720 | PairCorr |
| 0.67 | 385710 | TIMEFOLIO Innovation | PairCorr |
The ability to find closely correlated positions to KIM KINDEX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KIM KINDEX 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 KIM KINDEX - 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 KIM KINDEX 200 to buy it.
The correlation of KIM KINDEX 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 KIM KINDEX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KIM KINDEX 200 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 KIM KINDEX 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.