Danel Earnings Estimate
Danel Earnings per Share Projection vs Actual
About Danel Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Danel earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Danel estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Danel fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Danel Ltd provides human resources services in Israel. Danel Ltd was founded in 1974 and is based in Ramat Gan, Israel. DANEL ADIR is traded on Tel Aviv Stock Exchange in Israel.
Pair Trading with Danel
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 Danel 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 Danel will appreciate offsetting losses from the drop in the long position's value.Moving together with Danel Stock
| 0.64 | HARL | Harel Insurance Inve | PairCorr |
The ability to find closely correlated positions to Danel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danel 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 Danel - 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 Danel to buy it.
The correlation of Danel 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 Danel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danel 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 Danel 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danel. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Danel Stock analysis
When running Danel's price analysis, check to measure Danel'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 Danel is operating at the current time. Most of Danel's value examination focuses on studying past and present price action to predict the probability of Danel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danel's price. Additionally, you may evaluate how the addition of Danel to your portfolios can decrease your overall portfolio volatility.
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