GN Store Price to Earning vs. Price to Sales
| GGNDF Stock | USD 25.56 0.00 0.00% |
For GN Store profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GN Store to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GN Store Nord utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GN Store's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GN Store Nord over time as well as its relative position and ranking within its peers.
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GN Store Nord Price to Sales vs. Price to Earning Fundamental Analysis
GGNDF Price to Sales vs. Price to Earning
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Use GN Store 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 GN Store 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 GN Store will appreciate offsetting losses from the drop in the long position's value.GN Store Pair Trading
GN Store Nord Pair Trading Analysis
The ability to find closely correlated positions to GN Store could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GN Store 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 GN Store - 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 GN Store Nord to buy it.
The correlation of GN Store 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 GN Store moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GN Store Nord 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 GN Store 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 GN Store position
In addition to having GN Store 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking 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 Banking Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. Note that the GN Store Nord information on this page should be used as a complementary analysis to other GN Store's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for GGNDF Pink Sheet analysis
When running GN Store's price analysis, check to measure GN Store'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 GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.
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To fully project GN Store's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GN Store Nord 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 GN Store's income statement, its balance sheet, and the statement of cash flows.