Apexindo Pratama Earnings Estimate
Apexindo Pratama Earnings per Share Projection vs Actual
About Apexindo Pratama Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Apexindo Pratama 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 Apexindo Pratama 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 Apexindo Pratama 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.PT Apexindo Pratama Duta Tbk provides onshore and offshore drilling services for oil and gas, geothermal, and coal bed methane industries in Indonesia and internationally. PT Apexindo Pratama Duta Tbk is a subsidiary of PT Aserra Capital. Apexindo Pratama operates under Oil Gas Drilling classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 249 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Apexindo Pratama in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Apexindo Pratama's short interest history, or implied volatility extrapolated from Apexindo Pratama options trading.
Pair Trading with Apexindo Pratama
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 Apexindo Pratama 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 Apexindo Pratama will appreciate offsetting losses from the drop in the long position's value.Moving against Apexindo Stock
| 0.6 | BMRI | Bank Mandiri Persero Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Apexindo Pratama could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apexindo Pratama 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 Apexindo Pratama - 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 Apexindo Pratama Duta to buy it.
The correlation of Apexindo Pratama 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 Apexindo Pratama moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apexindo Pratama Duta 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 Apexindo Pratama 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Apexindo Pratama Duta. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Apexindo Stock analysis
When running Apexindo Pratama's price analysis, check to measure Apexindo Pratama'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 Apexindo Pratama is operating at the current time. Most of Apexindo Pratama's value examination focuses on studying past and present price action to predict the probability of Apexindo Pratama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apexindo Pratama's price. Additionally, you may evaluate how the addition of Apexindo Pratama to your portfolios can decrease your overall portfolio volatility.
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