Hitech Development Ownership
| HDW-B Stock | SEK 0.01 0.01 45.00% |
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.
Hitech |
Hitech Stock Ownership Analysis
About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.85. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hitech Development recorded a loss per share of 0.14. The entity had not issued any dividends in recent years. Hitech Development Wireless Sweden Holding AB provides technology and services within Internet of Things and real-time location system in Sweden. The company was founded in 2009 and is based in Kista, Sweden. HD Wireless operates under Communication Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people. To learn more about Hitech Development Wireless call Par Bergsten at 46 8 55 11 84 60 or check out https://www.hd-wireless.se.Pair Trading with Hitech Development
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 Hitech Development 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 Hitech Development will appreciate offsetting losses from the drop in the long position's value.Moving against Hitech Stock
| 0.73 | INVE-A | Investor AB ser | PairCorr |
| 0.71 | INVE-B | Investor AB ser | PairCorr |
| 0.62 | ERIC-A | Telefonaktiebolaget | PairCorr |
| 0.62 | NOLA-B | Nolato AB | PairCorr |
| 0.57 | SEB-A | Skandinaviska Enskilda Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Hitech Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hitech Development 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 Hitech Development - 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 Hitech Development Wireless to buy it.
The correlation of Hitech Development 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 Hitech Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hitech Development 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 Hitech Development 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hitech Development Wireless. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Hitech Development information on this page should be used as a complementary analysis to other Hitech Development's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Hitech Stock analysis
When running Hitech Development's price analysis, check to measure Hitech Development'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 Hitech Development is operating at the current time. Most of Hitech Development's value examination focuses on studying past and present price action to predict the probability of Hitech Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech Development's price. Additionally, you may evaluate how the addition of Hitech Development to your portfolios can decrease your overall portfolio volatility.
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