Talgo SA Price to Book vs. Price to Earning
TLGO Stock | EUR 4.40 0.01 0.23% |
For Talgo SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Talgo SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Talgo SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Talgo SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Talgo SA over time as well as its relative position and ranking within its peers.
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Talgo SA Price to Earning vs. Price to Book Fundamental Analysis
Talgo Price to Earning vs. Price to Book
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Use Talgo SA 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 Talgo SA 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 Talgo SA will appreciate offsetting losses from the drop in the long position's value.Talgo SA Pair Trading
Talgo SA Pair Trading Analysis
The ability to find closely correlated positions to Talgo SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talgo SA 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 Talgo SA - 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 Talgo SA to buy it.
The correlation of Talgo SA 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 Talgo SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talgo SA 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 Talgo SA 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 Talgo SA position
In addition to having Talgo SA 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Talgo Stock analysis
When running Talgo SA's price analysis, check to measure Talgo SA'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 Talgo SA is operating at the current time. Most of Talgo SA's value examination focuses on studying past and present price action to predict the probability of Talgo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talgo SA's price. Additionally, you may evaluate how the addition of Talgo SA to your portfolios can decrease your overall portfolio volatility.
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To fully project Talgo SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Talgo SA 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 Talgo SA's income statement, its balance sheet, and the statement of cash flows.