Gold Total Cash From Operating Activities from 2010 to 2025
| GRC Stock | 0.1 0.01 5.00% |
Check Gold Springs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold Springs' main balance sheet or income statement drivers, such as , as well as many indicators such as . Gold financial statements analysis is a perfect complement when working with Gold Springs Valuation or Volatility modules.
Gold |
Pair Trading with Gold Springs
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 Gold Springs 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 Gold Springs will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Gold Springs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Springs 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 Gold Springs - 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 Gold Springs Resource to buy it.
The correlation of Gold Springs 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 Gold Springs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Springs Resource 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 Gold Springs 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.Other Information on Investing in Gold Stock
Gold Springs financial ratios help investors to determine whether Gold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gold with respect to the benefits of owning Gold Springs security.