Bjo Etf Operating Margin
BJO fundamentals help investors to digest information that contributes to BJO's financial success or failures. It also enables traders to predict the movement of BJO Etf. The fundamental analysis module provides a way to measure BJO's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BJO etf.
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BJO ETF Operating Margin Analysis
BJO's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
CompetitionBased on the recorded statements, BJO has an Operating Margin of 0.0%. This indicator is about the same for the Milleis Investissements Funds average (which is currently at 0.0) family and about the same as Commodities Broad Basket (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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BJO Fundamentals
| Gross Profit | 18.79 B | |||
| Number Of Employees | 25 | |||
| Market Capitalization | 97.85 B | |||
| Total Asset | 61.51 M | |||
| Net Asset | 61.51 M |
Pair Trading with BJO
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 BJO 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 BJO will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PPG Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PPG Industries 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 PPG Industries - 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 PPG Industries to buy it.
The correlation of PPG Industries 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 PPG Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PPG Industries 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 PPG Industries 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. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Tools for BJO Etf
When running BJO's price analysis, check to measure BJO'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 BJO is operating at the current time. Most of BJO's value examination focuses on studying past and present price action to predict the probability of BJO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJO's price. Additionally, you may evaluate how the addition of BJO to your portfolios can decrease your overall portfolio volatility.
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