European Residential Earnings Estimate

ERE-UN Stock  CAD 3.70  0.03  0.80%   
By analyzing European Residential's earnings estimates, investors can diagnose different trends across European Residential's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for European Residential Real is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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European Residential is projected to generate 0.10475 in earnings per share on the 31st of December 2024. European Residential earnings estimates show analyst consensus about projected European Residential Real EPS (Earning Per Share). It derives the highest and the lowest estimates based on European Residential's historical volatility. Many public companies, such as European Residential, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing European Residential's earnings estimates, investors can diagnose different trends across European Residential's analyst sentiment over time as well as compare current estimates against different timeframes. As of December 7, 2024, Gross Profit is expected to decline to about 46.8 M. The current year's Pretax Profit Margin is expected to grow to -1.67
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in European Residential Real. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

European Residential Earnings per Share Projection vs Actual

About European Residential Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of European Residential earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current European Residential estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as European Residential fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings170.6 M102.7 M
Earnings Yield(0.72)(0.69)
Price Earnings Ratio(1.38)(1.45)

Pair Trading with European Residential

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 European Residential 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 European Residential will appreciate offsetting losses from the drop in the long position's value.

Moving together with European Stock

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Moving against European Stock

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The ability to find closely correlated positions to European Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace European Residential 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 European Residential - 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 European Residential Real to buy it.
The correlation of European Residential 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 European Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if European Residential Real 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 European Residential 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in European Stock

European Residential financial ratios help investors to determine whether European Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in European with respect to the benefits of owning European Residential security.