FOM Technologies Ownership
FOM Stock | DKK 7.08 0.18 2.61% |
FOM |
FOM Stock Ownership Analysis
About 67.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Fom Technologies AS produces and sells slot die machines and equipment. Fom Technologies AS was incorporated in 2012 and is headquartered in Copenhagen, Denmark. FOM Technologies is traded on Copenhagen Stock Exchange in Denmark. To learn more about FOM Technologies AS call the company at 45 88 70 89 00 or check out https://www.fomtechnologies.com.Pair Trading with FOM Technologies
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 FOM Technologies 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 FOM Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against FOM Stock
0.84 | DANSKE | Danske Bank AS | PairCorr |
0.83 | NDA-DK | Nordea Bank Abp | PairCorr |
0.81 | SPNO | Spar Nord Bank | PairCorr |
0.8 | CARL-B | Carlsberg AS | PairCorr |
0.73 | JYSK | Jyske Bank AS | PairCorr |
The ability to find closely correlated positions to FOM Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FOM Technologies 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 FOM Technologies - 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 FOM Technologies AS to buy it.
The correlation of FOM Technologies 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 FOM Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOM Technologies 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 FOM Technologies 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 FOM Stock
FOM Technologies financial ratios help investors to determine whether FOM 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 FOM with respect to the benefits of owning FOM Technologies security.