California Net Receivables from 2010 to 2026
California Grapes Net Receivables yearly trend continues to be relatively stable with very little volatility. Net Receivables is likely to grow to about 197.3 K this year. During the period from 2010 to 2026, California Grapes Net Receivables destribution of quarterly values had range of 114.2 K from its regression line and mean deviation of 9,297. View All Fundamentals
Check out the analysis of California Grapes Correlation against competitors.
Net Receivables | First Reported 2010-12-31 | Previous Quarter 187.9 K | Current Value 197.3 K | Quarterly Volatility 22.6 K |
Check California Grapes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among California Grapes' main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 435.6 K or Total Revenue of 517.3 K, as well as many indicators such as Price To Sales Ratio of 139, Dividend Yield of 0.0 or Days Sales Outstanding of 19.17. California financial statements analysis is a perfect complement when working with California Grapes Valuation or Volatility modules.
California | Net Receivables | Build AI portfolio with California Stock |
Evaluating California Grapes's Net Receivables 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 California Grapes International's fundamental strength.
Latest California Grapes' Net Receivables Growth Pattern
Below is the plot of the Net Receivables of California Grapes International over the last few years. It is California Grapes' Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in California Grapes' overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
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Net Receivables |
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California Net Receivables Regression Statistics
| Arithmetic Mean | 162,088 | |
| Geometric Mean | 160,065 | |
| Coefficient Of Variation | 13.94 | |
| Mean Deviation | 9,297 | |
| Median | 163,377 | |
| Standard Deviation | 22,600 | |
| Sample Variance | 510.8M | |
| Range | 114.2K | |
| R-Value | 0.59 | |
| Mean Square Error | 352.4M | |
| R-Squared | 0.35 | |
| Significance | 0.01 | |
| Slope | 2,660 | |
| Total Sum of Squares | 8.2B |
California Net Receivables History
About California Grapes Financial Statements
California Grapes shareholders use historical fundamental indicators, such as Net Receivables, to determine how well the company is positioned to perform in the future. Although California Grapes investors may analyze each financial statement separately, they are all interrelated. The changes in California Grapes' assets and liabilities, for example, are also reflected in the revenues and expenses on on California Grapes' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 187.9 K | 197.3 K |
Pair Trading with California Grapes
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 California Grapes 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 California Grapes will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to California Grapes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace California Grapes 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 California Grapes - 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 California Grapes International to buy it.
The correlation of California Grapes 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 California Grapes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if California Grapes 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 California Grapes 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.Additional Tools for California Stock Analysis
When running California Grapes' price analysis, check to measure California Grapes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy California Grapes is operating at the current time. Most of California Grapes' value examination focuses on studying past and present price action to predict the probability of California Grapes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Grapes' price. Additionally, you may evaluate how the addition of California Grapes to your portfolios can decrease your overall portfolio volatility.