Alphamin Debt To Equity from 2010 to 2024
| AFM Stock | CAD 1.15 0.01 0.86% |
Debt To Equity | First Reported 2010-12-31 | Previous Quarter 0.25319059 | Current Value 0.29 | Quarterly Volatility 0.20041542 |
Check Alphamin Res financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphamin main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.9 M, Total Revenue of 302.9 M or Gross Profit of 133.8 M, as well as many exotic indicators such as Price To Sales Ratio of 2.85, Dividend Yield of 0.0757 or PTB Ratio of 2.63. Alphamin financial statements analysis is a perfect complement when working with Alphamin Res Valuation or Volatility modules.
Alphamin | Debt To Equity |
Pair Trading with Alphamin Res
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 Alphamin Res 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 Alphamin Res will appreciate offsetting losses from the drop in the long position's value.Moving together with Alphamin Stock
| 0.84 | IE | Ivanhoe Energy | PairCorr |
| 0.89 | FDY | Faraday Copper Corp | PairCorr |
| 0.61 | BOFA | Bank of America | PairCorr |
Moving against Alphamin Stock
| 0.79 | IBM | International Business | PairCorr |
The ability to find closely correlated positions to Alphamin Res could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alphamin Res 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 Alphamin Res - 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 Alphamin Res to buy it.
The correlation of Alphamin Res 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 Alphamin Res moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alphamin Res 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 Alphamin Res 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 the analysis of Alphamin Res Correlation against competitors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Alphamin Stock analysis
When running Alphamin Res' price analysis, check to measure Alphamin Res' 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 Alphamin Res is operating at the current time. Most of Alphamin Res' value examination focuses on studying past and present price action to predict the probability of Alphamin Res' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphamin Res' price. Additionally, you may evaluate how the addition of Alphamin Res to your portfolios can decrease your overall portfolio volatility.
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