MobileSmith Ownership
| MOSTQ Stock | USD 0.0003 0.00 0.00% |
MobileSmith |
MobileSmith Pink Sheet Ownership Analysis
About 54.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. MobileSmith, Inc. develops software applications for the healthcare industry in the United States. On October 12, 2022, MobileSmith, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Mobilesmith operates under Health Information Services classification in the United States and is traded on OTC Exchange. It employs 24 people.The quote for MobileSmith is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about MobileSmith contact the company at 855 516 2413 or learn more at https://www.mobilesmith.com.Pair Trading with MobileSmith
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 MobileSmith 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 MobileSmith will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MobileSmith could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MobileSmith 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 MobileSmith - 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 MobileSmith to buy it.
The correlation of MobileSmith 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 MobileSmith moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MobileSmith 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 MobileSmith 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 MobileSmith Pink Sheet Analysis
When running MobileSmith's price analysis, check to measure MobileSmith'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 MobileSmith is operating at the current time. Most of MobileSmith's value examination focuses on studying past and present price action to predict the probability of MobileSmith's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MobileSmith's price. Additionally, you may evaluate how the addition of MobileSmith to your portfolios can decrease your overall portfolio volatility.