BlackBerry Fixed Asset Turnover from 2010 to 2026
| BB Stock | CAD 4.71 0.05 1.07% |
Fixed Asset Turnover | First Reported 2010-12-31 | Previous Quarter 14.32264151 | Current Value 15.04 | Quarterly Volatility 4.42540017 |
Check BlackBerry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BlackBerry's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 5.3 M or Selling General Administrative of 177.8 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 4.0E-4 or PTB Ratio of 1.99. BlackBerry financial statements analysis is a perfect complement when working with BlackBerry Valuation or Volatility modules.
BlackBerry | Fixed Asset Turnover |
Evaluating BlackBerry's Fixed Asset Turnover 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 BlackBerry's fundamental strength.
Latest BlackBerry's Fixed Asset Turnover Growth Pattern
Below is the plot of the Fixed Asset Turnover of BlackBerry over the last few years. It is BlackBerry's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in BlackBerry's overall financial position and show how it may be relating to other accounts over time.
| Fixed Asset Turnover | 10 Years Trend |
|
Fixed Asset Turnover |
| Timeline |
BlackBerry Fixed Asset Turnover Regression Statistics
| Arithmetic Mean | 9.52 | |
| Geometric Mean | 8.24 | |
| Coefficient Of Variation | 46.49 | |
| Mean Deviation | 3.83 | |
| Median | 8.05 | |
| Standard Deviation | 4.43 | |
| Sample Variance | 19.58 | |
| Range | 13.8697 | |
| R-Value | 0.73 | |
| Mean Square Error | 9.73 | |
| R-Squared | 0.53 | |
| Significance | 0.0009 | |
| Slope | 0.64 | |
| Total Sum of Squares | 313.35 |
BlackBerry Fixed Asset Turnover History
About BlackBerry Financial Statements
BlackBerry investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how BlackBerry 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.
| Last Reported | Projected for Next Year | ||
| Fixed Asset Turnover | 14.32 | 15.04 |
Pair Trading with BlackBerry
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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.Moving against BlackBerry Stock
| 0.91 | CWEB | Charlottes Web Holdings | PairCorr |
| 0.86 | ACQ | Autocanada | PairCorr |
| 0.84 | WAST | Waste Management CDR | PairCorr |
| 0.76 | RKR | ROKMASTER Resources Corp | PairCorr |
| 0.73 | MGG | Minaurum Silver | PairCorr |
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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.Check out the analysis of BlackBerry Correlation against competitors. To learn how to invest in BlackBerry Stock, please use our How to Invest in BlackBerry guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.