Alkim Alkali Earnings Estimate
Alkim Alkali Earnings per Share Projection vs Actual
About Alkim Alkali Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Alkim Alkali earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Alkim Alkali estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Alkim Alkali fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Alkim Alkali Kimya A.S. produces and sells paper products in Turkey and internationally. Alkim Alkali Kimya A.S. was founded in 1948 and is headquartered in Istanbul, Turkey. ALKIM KIMYA operates under Paper Paper Products classification in Turkey and is traded on Istanbul Stock Exchange. It employs 406 people.
Pair Trading with Alkim Alkali
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 Alkim Alkali 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 Alkim Alkali will appreciate offsetting losses from the drop in the long position's value.Moving against Alkim Stock
| 0.71 | YKBNK | Yapi ve Kredi | PairCorr |
| 0.7 | KCHOL | Koc Holding AS | PairCorr |
| 0.69 | AKBNK | Akbank TAS | PairCorr |
| 0.51 | ISCTR | Turkiye Is Bankasi Split | PairCorr |
The ability to find closely correlated positions to Alkim Alkali could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkim Alkali 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 Alkim Alkali - 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 Alkim Alkali Kimya to buy it.
The correlation of Alkim Alkali 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 Alkim Alkali moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkim Alkali Kimya 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 Alkim Alkali 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkim Alkali Kimya. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Alkim Stock analysis
When running Alkim Alkali's price analysis, check to measure Alkim Alkali'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 Alkim Alkali is operating at the current time. Most of Alkim Alkali's value examination focuses on studying past and present price action to predict the probability of Alkim Alkali's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkim Alkali's price. Additionally, you may evaluate how the addition of Alkim Alkali to your portfolios can decrease your overall portfolio volatility.
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