Desarrolladora Graham Number from 2010 to 2024
| DHHXF Stock | USD 0.0001 0.0002 66.67% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 0.00167247 | Current Value 0.001589 | Quarterly Volatility 0.13632843 |
Check Desarrolladora Homex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Desarrolladora main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 288.7 M or Total Revenue of 940.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0103, Dividend Yield of 0.0 or PTB Ratio of 0.19. Desarrolladora financial statements analysis is a perfect complement when working with Desarrolladora Homex Valuation or Volatility modules.
Desarrolladora | Graham Number |
Pair Trading with Desarrolladora Homex
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 Desarrolladora Homex 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 Desarrolladora Homex will appreciate offsetting losses from the drop in the long position's value.Moving together with Desarrolladora Stock
| 0.7 | GOOG | Alphabet Class C | PairCorr |
Moving against Desarrolladora Stock
| 0.85 | INTC | Intel Financial Report 25th of July 2024 | PairCorr |
| 0.84 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.81 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.78 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.71 | PFE | Pfizer Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Desarrolladora Homex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desarrolladora Homex 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 Desarrolladora Homex - 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 Desarrolladora Homex SAB to buy it.
The correlation of Desarrolladora Homex 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 Desarrolladora Homex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desarrolladora Homex SAB 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 Desarrolladora Homex 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 the analysis of Desarrolladora Homex Correlation against competitors. 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 Desarrolladora Stock analysis
When running Desarrolladora Homex's price analysis, check to measure Desarrolladora Homex'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 Desarrolladora Homex is operating at the current time. Most of Desarrolladora Homex's value examination focuses on studying past and present price action to predict the probability of Desarrolladora Homex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Desarrolladora Homex's price. Additionally, you may evaluate how the addition of Desarrolladora Homex to your portfolios can decrease your overall portfolio volatility.
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Is Desarrolladora Homex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Desarrolladora Homex. If investors know Desarrolladora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Desarrolladora Homex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share 0.012 | Revenue Per Share 0.107 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0019 |
The market value of Desarrolladora Homex SAB is measured differently than its book value, which is the value of Desarrolladora that is recorded on the company's balance sheet. Investors also form their own opinion of Desarrolladora Homex's value that differs from its market value or its book value, called intrinsic value, which is Desarrolladora Homex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Desarrolladora Homex's market value can be influenced by many factors that don't directly affect Desarrolladora Homex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Desarrolladora Homex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desarrolladora Homex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desarrolladora Homex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.