GN Store Ownership
| GN Stock | DKK 122.15 3.65 3.08% |
GN Store |
GN Store Stock Ownership Analysis
About 42.0% of the company shares are owned by institutional investors. The book value of GN Store was currently reported as 53.14. The company has Price/Earnings To Growth (PEG) ratio of 1.33. GN Store Nord last dividend was issued on the 10th of March 2022. The entity had 5:1 split on the 4th of October 2000. GN Store Nord AS develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. GN Store Nord AS was founded in 1869 and is headquartered in Ballerup, Denmark. GN Store operates under Electronic Finished Products classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 6250 people. To learn more about GN Store Nord call Rene SvendsenTune at 45 45 75 00 00 or check out https://www.gn.com.GN Store Outstanding Bonds
GN Store 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. GN Store Nord 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 GN Store bonds can be classified according to their maturity, which is the date when GN Store Nord 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 GN Store
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 GN Store 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 GN Store will appreciate offsetting losses from the drop in the long position's value.Moving against GN Store Stock
| 0.7 | DAB | Danske Andelskassers Bank | PairCorr |
| 0.47 | JYSK | Jyske Bank AS | PairCorr |
| 0.44 | ROCK-A | ROCKWOOL International | PairCorr |
| 0.43 | ROCK-B | ROCKWOOL International | PairCorr |
| 0.42 | SYDB | Sydbank AS | PairCorr |
The ability to find closely correlated positions to GN Store could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GN Store 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 GN Store - 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 GN Store Nord to buy it.
The correlation of GN Store 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 GN Store moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GN Store Nord 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 GN Store 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 GN Store Stock
GN Store financial ratios help investors to determine whether GN Store 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 GN Store with respect to the benefits of owning GN Store security.