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CA Modas Earnings Estimate

CA Modas Earnings per Share Projection vs Actual

About CA Modas Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of CA Modas 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 CA Modas 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 CA Modas 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.'
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CA Modas S.A. operates a chain of retail fashion stores in Europe, Latin America, and Asia. The company was founded in 1841 and is based in Barueri, Brazil. CEA MODAS operates under Specialty Retail classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14000 people.

Pair Trading with CA Modas

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 CA Modas 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 CA Modas will appreciate offsetting losses from the drop in the long position's value.

Moving together with CEAB3 Stock

  0.8BBYY34 Best BuyPairCorr
  0.62B1BW34 Bath Body WorksPairCorr

Moving against CEAB3 Stock

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  0.64MGLU3 Magazine Luiza SAPairCorr
  0.64AAPL34 Apple IncPairCorr
  0.6S2HO34 ShopifyPairCorr
  0.45U1LT34 Ulta BeautyPairCorr
The ability to find closely correlated positions to CA Modas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CA Modas 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 CA Modas - 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 CA Modas SA to buy it.
The correlation of CA Modas 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 CA Modas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CA Modas SA 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 CA Modas 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.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CA Modas SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the CA Modas SA information on this page should be used as a complementary analysis to other CA Modas' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for CEAB3 Stock analysis

When running CA Modas' price analysis, check to measure CA Modas' 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 CA Modas is operating at the current time. Most of CA Modas' value examination focuses on studying past and present price action to predict the probability of CA Modas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CA Modas' price. Additionally, you may evaluate how the addition of CA Modas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CA Modas' value and its price as these two are different measures arrived at by different means. Investors typically determine if CA Modas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CA Modas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.