Yh Dimri Construction Stock Beneish M Score
DIMRI Stock | ILS 29,750 330.00 1.12% |
DIMRI |
At this time, YH Dimri's M Score is inapplicable. The earnings manipulation may begin if YH Dimri's 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 YH Dimri 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 YH Dimri's 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 YH Dimri Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze YH Dimri Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of YH Dimri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of YH Dimri Construction 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 YH Dimri
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 YH Dimri 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 YH Dimri will appreciate offsetting losses from the drop in the long position's value.Moving together with DIMRI Stock
0.84 | MGDL | Migdal Insurance | PairCorr |
0.9 | HARL | Harel Insurance Inve | PairCorr |
0.66 | MMHD | Menora Miv Hld | PairCorr |
0.75 | CLIS | Clal Insurance Enter | PairCorr |
Moving against DIMRI Stock
0.77 | NZHT | Netz Hotels | PairCorr |
The ability to find closely correlated positions to YH Dimri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YH Dimri 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 YH Dimri - 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 YH Dimri Construction to buy it.
The correlation of YH Dimri 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 YH Dimri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if YH Dimri Construction 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 YH Dimri 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 YH Dimri Construction. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for DIMRI Stock analysis
When running YH Dimri's price analysis, check to measure YH Dimri'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 YH Dimri is operating at the current time. Most of YH Dimri's value examination focuses on studying past and present price action to predict the probability of YH Dimri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YH Dimri's price. Additionally, you may evaluate how the addition of YH Dimri to your portfolios can decrease your overall portfolio volatility.
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