Nederman Holding Earnings Estimate
Nederman Holding Earnings per Share Projection vs Actual
About Nederman Holding Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Nederman Holding 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 Nederman Holding 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 Nederman Holding 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.'
Please read more on our stock advisor page.Nederman Holding AB operates as an environmental technology company in North and South America, Europe, the Middle East, Africa, Asia, and Oceania. Nederman Holding AB was founded in 1944 and is headquartered in Helsingborg, Sweden. Nederman Holding operates under Industrial Equipment And Light Machinery classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2293 people.
Pair Trading with Nederman Holding
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 Nederman Holding 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 Nederman Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Nederman Stock
0.65 | IPCO | International Petroleum | PairCorr |
Moving against Nederman Stock
0.72 | AINO | Aino Health AB | PairCorr |
0.68 | AERO | Svenska Aerogel Holding | PairCorr |
0.63 | RO | Rolling Optics Holding | PairCorr |
0.44 | AEGIR | Aegirbio AB | PairCorr |
The ability to find closely correlated positions to Nederman Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nederman Holding 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 Nederman Holding - 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 Nederman Holding AB to buy it.
The correlation of Nederman Holding 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 Nederman Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nederman Holding 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 Nederman Holding 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nederman Holding AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Nederman Stock analysis
When running Nederman Holding's price analysis, check to measure Nederman Holding'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 Nederman Holding is operating at the current time. Most of Nederman Holding's value examination focuses on studying past and present price action to predict the probability of Nederman Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nederman Holding's price. Additionally, you may evaluate how the addition of Nederman Holding to your portfolios can decrease your overall portfolio volatility.
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