Exro Technologies Ownership
| EXROF Stock | USD 0.54 0.01 1.89% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Exro |
Exro OTC Stock Ownership Analysis
The company recorded a loss per share of 0.17. Exro Technologies had not issued any dividends in recent years. Exro Technologies Inc. focuses on developing and commercializing patented coil driver technology and proprietary system architecture for power electronics. Exro Technologies Inc. was incorporated in 2014 and is headquartered in Calgary, Canada. Exro Technologies is traded on OTC Exchange in the United States.The quote for Exro Technologies is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Exro Technologies call Sue Ozdemir at 604 674 7746 or check out https://www.exro.com.Pair Trading with Exro 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 Exro 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 Exro Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Exro OTC Stock
| 0.74 | ABLZF | ABB | PairCorr |
| 0.7 | TCOM | Trip Group Financial Report 5th of June 2024 | PairCorr |
| 0.65 | VRT | Vertiv Holdings | PairCorr |
| 0.64 | GNLN | Greenlane Holdings Financial Report 20th of May 2024 | PairCorr |
| 0.59 | NVT | nVent Electric PLC Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Exro 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 Exro 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 Exro 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 Exro Technologies to buy it.
The correlation of Exro 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 Exro Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exro 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 Exro 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exro Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Exro OTC Stock analysis
When running Exro Technologies' price analysis, check to measure Exro Technologies' 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 Exro Technologies is operating at the current time. Most of Exro Technologies' value examination focuses on studying past and present price action to predict the probability of Exro Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exro Technologies' price. Additionally, you may evaluate how the addition of Exro Technologies to your portfolios can decrease your overall portfolio volatility.
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