Diagnsticos Ownership
| DASA3 Stock | BRL 4.70 0.01 0.21% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Diagnsticos |
Diagnsticos Stock Ownership Analysis
About 56.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.0. Some equities with similar Price to Book (P/B) outperform the market in the long run. Diagnsticos da Amrica recorded a loss per share of 0.31. The entity last dividend was issued on the 27th of December 2022. The firm had 4:1 split on the 2nd of February 2010. Diagnsticos da Amrica S.A. provides diagnostic test services in Latin America. Diagnsticos da Amrica S.A. is a subsidiary of Cromossomo Participaes II S.A. DASA ON operates under Diagnostics Research classification in Brazil and is traded on Sao Paolo Stock Exchange. To learn more about Diagnsticos da Amrica call Pedro Bueno at 55 11 4197 5500 or check out https://www.dasa3.com.br.Pair Trading with Diagnsticos
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 Diagnsticos 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 Diagnsticos will appreciate offsetting losses from the drop in the long position's value.Moving together with Diagnsticos Stock
| 0.86 | ACNB34 | Accenture plc | PairCorr |
Moving against Diagnsticos Stock
| 0.82 | AMZO34 | Amazon Inc | PairCorr |
| 0.73 | JDCO34 | JD Inc | PairCorr |
| 0.73 | BERK34 | Berkshire Hathaway | PairCorr |
| 0.71 | WALM34 | Walmart Split | PairCorr |
| 0.69 | TGTB34 | Target | PairCorr |
The ability to find closely correlated positions to Diagnsticos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diagnsticos 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 Diagnsticos - 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 Diagnsticos da Amrica to buy it.
The correlation of Diagnsticos 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 Diagnsticos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diagnsticos da Amrica 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 Diagnsticos 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 Diagnsticos da Amrica. 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 Diagnsticos da Amrica information on this page should be used as a complementary analysis to other Diagnsticos' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Diagnsticos Stock analysis
When running Diagnsticos' price analysis, check to measure Diagnsticos' 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 Diagnsticos is operating at the current time. Most of Diagnsticos' value examination focuses on studying past and present price action to predict the probability of Diagnsticos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diagnsticos' price. Additionally, you may evaluate how the addition of Diagnsticos to your portfolios can decrease your overall portfolio volatility.
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