Ctek AB Profitability Analysis
| CTEK Stock | 13.20 0.30 2.33% |
For Ctek AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ctek AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ctek AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ctek AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ctek AB over time as well as its relative position and ranking within its peers.
Ctek |
CTEK.ST fundamentals not found
We are unable to locate Ctek AB indicator at this time.
If you believe the indicator you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets.| Symbol | CTEK |
| Name | Ctek AB |
| Type | Stock |
| Country | Sweden |
| Exchange | ST |
Indicator Description
We cannot locate any information for this view at this time. Please try again later!Other Suggestions
| CTE | China Tontine Wines | CompanyDelisted |
| CTEV | Claritev | Company |
| CTEMX | Columbia Moderate Growth | Mutual Fund |
| CTEF | Castellan Targeted Equity | ETF |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Use Ctek AB 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 Ctek AB 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 Ctek AB will appreciate offsetting losses from the drop in the long position's value.Ctek AB Pair Trading
Ctek AB Pair Trading Analysis
The ability to find closely correlated positions to Ctek AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ctek AB 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 Ctek AB - 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 Ctek AB to buy it.
The correlation of Ctek AB 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 Ctek AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ctek AB 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 Ctek AB 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.Use Investing Themes to Complement your Ctek AB position
In addition to having Ctek AB 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.Did You Try This Idea?
Run Housewares Thematic Idea Now
Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 3 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 Housewares Theme or any other thematic opportunities.
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Additional Tools for Ctek Stock Analysis
When running Ctek AB's price analysis, check to measure Ctek AB'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 Ctek AB is operating at the current time. Most of Ctek AB's value examination focuses on studying past and present price action to predict the probability of Ctek AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ctek AB's price. Additionally, you may evaluate how the addition of Ctek AB to your portfolios can decrease your overall portfolio volatility.