Algoma Operating Margin from 2010 to 2026
| ALC Stock | CAD 19.70 0.20 1.03% |
Check Algoma Central financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Central's main balance sheet or income statement drivers, such as Depreciation And Amortization of 86.2 M, Interest Expense of 24 M or Selling General Administrative of 27.4 M, as well as many indicators such as Price To Sales Ratio of 0.7, Dividend Yield of 0.0278 or PTB Ratio of 1.01. Algoma financial statements analysis is a perfect complement when working with Algoma Central Valuation or Volatility modules.
Algoma | Operating Margin |
Evaluating Algoma Central's Operating Margin across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Algoma Central's fundamental strength.
Latest Algoma Central's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Algoma Central over the last few years. It is Algoma Central's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Central's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.22 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Algoma Operating Margin Regression Statistics
| Arithmetic Mean | 0.12 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 29.40 | |
| Mean Deviation | 0.03 | |
| Median | 0.11 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1216 | |
| R-Value | 0.11 | |
| Mean Square Error | 0 | |
| R-Squared | 0.01 | |
| Significance | 0.68 | |
| Slope | 0.0007 | |
| Total Sum of Squares | 0.02 |
Algoma Operating Margin History
About Algoma Central Financial Statements
Algoma Central investors utilize fundamental indicators, such as Operating Margin, to predict how Algoma Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Algoma Central Corporation was founded in 1899 and is headquartered in St. ALGOMA CENTRAL operates under Shipping Ports classification in Canada and is traded on Toronto Stock Exchange. It employs 2000 people.
Pair Trading with Algoma Central
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 Algoma Central 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 Algoma Central will appreciate offsetting losses from the drop in the long position's value.Moving against Algoma Stock
The ability to find closely correlated positions to Algoma Central could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Central 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 Algoma Central - 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 Algoma Central to buy it.
The correlation of Algoma Central 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 Algoma Central moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Central 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 Algoma Central 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 Algoma Stock
Algoma Central financial ratios help investors to determine whether Algoma 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 Algoma with respect to the benefits of owning Algoma Central security.