Tel Aviv Price to Book vs. Price to Sales
| TASE Stock | ILA 2,510 4.00 0.16% |
For Tel Aviv profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tel Aviv to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tel Aviv Stock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tel Aviv's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tel Aviv Stock over time as well as its relative position and ranking within its peers.
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Tel Aviv Stock Price to Sales vs. Price to Book Fundamental Analysis
Tel Price to Sales vs. Price to Book
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Use Tel Aviv in pair-trading
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 Tel Aviv 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 Tel Aviv will appreciate offsetting losses from the drop in the long position's value.Tel Aviv Pair Trading
Tel Aviv Stock Pair Trading Analysis
The ability to find closely correlated positions to Tel Aviv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tel Aviv 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 Tel Aviv - 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 Tel Aviv Stock to buy it.
The correlation of Tel Aviv 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 Tel Aviv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tel Aviv Stock 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 Tel Aviv 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.Use Investing Themes to Complement your Tel Aviv position
In addition to having Tel Aviv in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run USD Crypto Fund Thematic Idea Now
USD Crypto Fund
Fund from digital currency traded on multiple global exchanges in US dollors. The USD Crypto Fund theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize USD Crypto Fund Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Tel Stock analysis
When running Tel Aviv's price analysis, check to measure Tel Aviv'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 Tel Aviv is operating at the current time. Most of Tel Aviv's value examination focuses on studying past and present price action to predict the probability of Tel Aviv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tel Aviv's price. Additionally, you may evaluate how the addition of Tel Aviv to your portfolios can decrease your overall portfolio volatility.
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To fully project Tel Aviv's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tel Aviv Stock at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tel Aviv's income statement, its balance sheet, and the statement of cash flows.