Icahn Return On Equity from 2010 to 2025
| IEP Stock | USD 8.28 0.07 0.84% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.14) | Current Value (0.13) | Quarterly Volatility 0.13447911 |
Check Icahn Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icahn Enterprises' main balance sheet or income statement drivers, such as Interest Expense of 496.9 M, Total Revenue of 6.2 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0523 or PTB Ratio of 1.18. Icahn financial statements analysis is a perfect complement when working with Icahn Enterprises Valuation or Volatility modules.
Icahn | Return On Equity | Build AI portfolio with Icahn Stock |
Pair Trading with Icahn Enterprises
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 Icahn Enterprises 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 Icahn Enterprises will appreciate offsetting losses from the drop in the long position's value.Moving against Icahn Stock
| 0.65 | DIV | Diversified Royalty Corp | PairCorr |
| 0.5 | GE | GE Aerospace | PairCorr |
| 0.47 | GODREJIND | Godrej Industries | PairCorr |
The ability to find closely correlated positions to Icahn Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Icahn Enterprises 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 Icahn Enterprises - 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 Icahn Enterprises LP to buy it.
The correlation of Icahn Enterprises 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 Icahn Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Icahn Enterprises 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 Icahn Enterprises 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.Additional Tools for Icahn Stock Analysis
When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' 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 Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.