Bragg Net Working Capital from 2010 to 2026
| BRAG Stock | CAD 2.50 0.10 3.85% |
Net Working Capital | First Reported 2020-03-31 | Previous Quarter 3.2 M | Current Value 1.5 M | Quarterly Volatility 12.8 M |
Check Bragg Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bragg Gaming's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.4 M, Interest Expense of 3.3 M or Total Revenue of 123.2 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0 or PTB Ratio of 1.64. Bragg financial statements analysis is a perfect complement when working with Bragg Gaming Valuation or Volatility modules.
Bragg | Net Working Capital |
Evaluating Bragg Gaming's Net Working Capital 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 Bragg Gaming Group's fundamental strength.
Latest Bragg Gaming's Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Bragg Gaming Group over the last few years. It is Bragg Gaming's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bragg Gaming's overall financial position and show how it may be relating to other accounts over time.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
Bragg Net Working Capital Regression Statistics
| Arithmetic Mean | 1,692,106 | |
| Geometric Mean | 3,507,252 | |
| Coefficient Of Variation | 348.75 | |
| Mean Deviation | 3,389,802 | |
| Median | 2,126,526 | |
| Standard Deviation | 5,901,208 | |
| Sample Variance | 34.8T | |
| Range | 24.1M | |
| R-Value | 0.14 | |
| Mean Square Error | 36.4T | |
| R-Squared | 0.02 | |
| Significance | 0.59 | |
| Slope | 165,612 | |
| Total Sum of Squares | 557.2T |
Bragg Net Working Capital History
About Bragg Gaming Financial Statements
Bragg Gaming investors utilize fundamental indicators, such as Net Working Capital, to predict how Bragg 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 | ||
| Net Working Capital | 4.7 M | 2.9 M |
Pair Trading with Bragg Gaming
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 Bragg Gaming 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 Bragg Gaming will appreciate offsetting losses from the drop in the long position's value.Moving against Bragg Stock
| 0.56 | PWF-PA | Power Financial Corp | PairCorr |
| 0.51 | TVE | Tamarack Valley Energy Earnings Call This Week | PairCorr |
| 0.38 | ACQ | Autocanada | PairCorr |
| 0.38 | TMG | Thermal Energy Inter | PairCorr |
| 0.35 | FTT | Finning International | PairCorr |
The ability to find closely correlated positions to Bragg Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bragg Gaming 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 Bragg Gaming - 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 Bragg Gaming Group to buy it.
The correlation of Bragg Gaming 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 Bragg Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bragg Gaming Group 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 Bragg Gaming 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 Bragg Gaming Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.