Juventus Football Beta vs. Price to Earning

JVTSF Stock  USD 2.58  0.32  14.16%   
Taking into consideration Juventus Football's profitability measurements, Juventus Football Club may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Juventus Football's ability to earn profits and add value for shareholders.
For Juventus Football profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Juventus Football to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Juventus Football Club utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Juventus Football's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Juventus Football Club over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Juventus Football's value and its price as these two are different measures arrived at by different means. Investors typically determine if Juventus Football is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Juventus Football's 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.

Juventus Football Club Price to Earning vs. Beta Fundamental Analysis

Juventus Price to Earning vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Juventus Football

Beta

 = 

Covariance

Variance

 = 
0.91
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Juventus Football

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Use Juventus Football in pair-trading

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 Juventus Football 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 Juventus Football will appreciate offsetting losses from the drop in the long position's value.

Juventus Football Pair Trading

Juventus Football Club Pair Trading Analysis

The ability to find closely correlated positions to Juventus Football could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Juventus Football 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 Juventus Football - 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 Juventus Football Club to buy it.
The correlation of Juventus Football 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 Juventus Football moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Juventus Football Club 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 Juventus Football 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

Use Investing Themes to Complement your Juventus Football position

In addition to having Juventus Football in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Dividend Beast Thematic Idea Now

Dividend Beast
Dividend Beast Theme
An experimental equal-weighted theme of equities with high dividend yield and solid fundamentals based on Macroaxis rating system. The Dividend Beast theme has 69 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Dividend Beast Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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To fully project Juventus Football's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Juventus Football Club at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Juventus Football's income statement, its balance sheet, and the statement of cash flows.
Potential Juventus Football investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Juventus Football investors may work on each financial statement separately, they are all related. The changes in Juventus Football's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Juventus Football's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.