Glatfelter Capital Stock from 2010 to 2024
GLT Stock | USD 1.63 0.02 1.24% |
Capital Stock | First Reported 2010-12-31 | Previous Quarter 489.6 K | Current Value 435.2 K | Quarterly Volatility 30.5 K |
Check Glatfelter financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glatfelter's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.9 M, Interest Expense of 68 M or Total Revenue of 1 B, as well as many indicators such as Price To Sales Ratio of 0.0599, Dividend Yield of 0.14 or PTB Ratio of 0.32. Glatfelter financial statements analysis is a perfect complement when working with Glatfelter Valuation or Volatility modules.
Glatfelter | Capital Stock |
Pair Trading with Glatfelter
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 Glatfelter 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 Glatfelter will appreciate offsetting losses from the drop in the long position's value.Moving together with Glatfelter Stock
Moving against Glatfelter Stock
0.43 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
0.36 | DC | Dakota Gold Corp | PairCorr |
0.35 | AG | First Majestic Silver | PairCorr |
0.32 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
The ability to find closely correlated positions to Glatfelter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Glatfelter 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 Glatfelter - 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 Glatfelter to buy it.
The correlation of Glatfelter 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 Glatfelter moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Glatfelter 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 Glatfelter 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 Glatfelter Stock Analysis
When running Glatfelter's price analysis, check to measure Glatfelter'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 Glatfelter is operating at the current time. Most of Glatfelter's value examination focuses on studying past and present price action to predict the probability of Glatfelter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glatfelter's price. Additionally, you may evaluate how the addition of Glatfelter to your portfolios can decrease your overall portfolio volatility.