An Khmurenko

It is easy to estimate the convenience yield if you know the future price, spot price, borrowing rate, and maturity time of a commodity. Convenience yields mostly apply to assets purchased for consumption. A good example of a commodity with a high convenience yield is oil. The profit you make from direct ownership of oil implies that you can produce oil and store and make profits by selling at higher prices anytime there are shortages. Thus, commodity trading books form an important part of the […]

Coinbase is the second largest crypto platform, but the largest in the U.S., by volume. The title of largest goes to Binance, which sees $47 billion in crypto trading volume in a 24-hour period, according to CoinMarketCap.com. Nasdaq assigned Coinbase a reference price of $250 a share on Tuesday evening, which values it at over $65 billion. On Wednesday, Coinbase stock was indicated to open around $350, or 40% above its reference price.

The company could not have picked a better time to file i […]

The order type dictates how much money you’ll pay for each share of Coinbase stock you buy, when your order is executed and more. Decide how many shares you want to purchase based on the total amount of money that you can afford to invest. As is the case with any stock, never invest more money than you can afford to lose, as stock prices can dip suddenly and without warning. If you’re familiar with how to buy stocks, you can use your current brokerage account to invest in Coinbase s […]

As a result of Biden’s plans towards a renewable energy sector, major oil and gas projects in Alaska were pulled back. A growing number of renewable energy companies were listed on stock exchanges in the period after 2000. The early 21st century saw rising interest in the renewable energy industry, since many governments set long-term renewable energy targets. As the fight for a cleaner future continues, renewable energy stocks are becoming the main battleground. New regulations, technolo […]

Clearway’s net income is volatile, going from a loss of $11 million in 2019 to a gain of $25 million in 2020. Free cash flow is very strong as the company has positive free cash flows for all years between 2016 to 2020. There is a lot of expected growth too; Zacks estimates an expected EPS growth for the next 3 to 5 years of 25.66%. Baird analyst Ben Kallo has an Outperform rating on the stock and a price target of $61. He notes that the company reported “solid” first-quarter […]