Glcp Stock Cash Flow From Operations
| GLCP Stock | 1.00 0.00 0.00% |
GLCP |
GLCP fundamentals not found at this time
Did you try this?
Run Fundamentals Comparison Now
Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities |
| All Next | Launch Module |
Pair Trading with GLCP
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 GLCP 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 GLCP will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to GLCP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GLCP 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 GLCP - 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 GLCP to buy it.
The correlation of GLCP 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 GLCP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GLCP 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 GLCP 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.Additional Tools for GLCP Pink Sheet Analysis
When running GLCP's price analysis, check to measure GLCP'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 GLCP is operating at the current time. Most of GLCP's value examination focuses on studying past and present price action to predict the probability of GLCP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GLCP's price. Additionally, you may evaluate how the addition of GLCP to your portfolios can decrease your overall portfolio volatility.