The price of oil spiked to a fresh yearly high ($130.50) in March. Current market conditions may lead to higher crude prices as expectations for strong demand are met with indications of limited supply. more...
Return on investments is the most obvious indicator which investors and novice traders use for the analysis of trading efficiency. Professional traders use more reliable tools to analyze strategies, such as Sharpe and Sortino ratios, among others. In this article, we will consider simple examples to understand how these ratios are calculated. The specifics of evaluation of trading strategies were earlier considered in the article "Mathematics in trading. How to estimate trading results". It ...
The manufacturing sector in China slipped into contraction in March, the latest survey from Caixin showed on Friday with a manufacturing PMI score of 48.1. more...
Walgreens Boots Alliance (NYSE: WBA) is scheduled to report its fiscal Q2 2022 results on Thursday, March 31. We estimate Walgreens’ Valuation to be $53 per share, which is 13% above the current market price of $47. more...
The shares of LyondellBasell Industries (LYB) look ready to bounce back, amid news that Peter Vanacker will become the company’s CEO, effective May 23. more...