FPX Issuance Of Capital Stock from 2010 to 2024
| FPX Stock | CAD 0.32 0.01 3.03% |
Issuance Of Capital Stock | First Reported 2010-12-31 | Previous Quarter 18 M | Current Value 10.2 M | Quarterly Volatility 6 M |
Check FPX Nickel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FPX main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.9 K, Total Revenue of 0.0 or Other Operating Expenses of 6 M, as well as many exotic indicators such as Price To Sales Ratio of 537, Dividend Yield of 0.0 or PTB Ratio of 2.61. FPX financial statements analysis is a perfect complement when working with FPX Nickel Valuation or Volatility modules.
FPX | Issuance Of Capital Stock |
Pair Trading with FPX Nickel
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 FPX Nickel 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 FPX Nickel will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to FPX Nickel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FPX Nickel 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 FPX Nickel - 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 FPX Nickel Corp to buy it.
The correlation of FPX Nickel 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 FPX Nickel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FPX Nickel Corp 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 FPX Nickel 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 FPX Nickel Correlation against competitors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for FPX Stock analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.
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