Koninklijke Heijmans Nv Stock Beneish M Score
| HEIJM Stock | EUR 19.02 0.30 1.60% |
Koninklijke |
At this time, Koninklijke Heijmans' M Score is inapplicable. The earnings manipulation may begin if Koninklijke Heijmans' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Koninklijke Heijmans executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Koninklijke Heijmans' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
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About Koninklijke Heijmans Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Koninklijke Heijmans NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Koninklijke Heijmans using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Koninklijke Heijmans NV based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Koninklijke Heijmans
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 Koninklijke Heijmans 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 Koninklijke Heijmans will appreciate offsetting losses from the drop in the long position's value.Moving together with Koninklijke Stock
| 0.92 | ARCAD | Arcadis NV | PairCorr |
| 0.82 | BAMNB | Koninklijke BAM Groep | PairCorr |
| 0.84 | FLOW | Flow Traders BV | PairCorr |
| 0.8 | ABN | ABN Amro Group | PairCorr |
Moving against Koninklijke Stock
| 0.9 | GLPG | Galapagos NV | PairCorr |
The ability to find closely correlated positions to Koninklijke Heijmans could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koninklijke Heijmans 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 Koninklijke Heijmans - 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 Koninklijke Heijmans NV to buy it.
The correlation of Koninklijke Heijmans 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 Koninklijke Heijmans moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koninklijke Heijmans 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 Koninklijke Heijmans 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Koninklijke Heijmans NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke Heijmans' price analysis, check to measure Koninklijke Heijmans' 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 Koninklijke Heijmans is operating at the current time. Most of Koninklijke Heijmans' value examination focuses on studying past and present price action to predict the probability of Koninklijke Heijmans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Heijmans' price. Additionally, you may evaluate how the addition of Koninklijke Heijmans to your portfolios can decrease your overall portfolio volatility.
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