Centerra Operating Margin from 2010 to 2026
| CG Stock | CAD 25.67 1.44 5.94% |
Check Centerra Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centerra Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 148.4 M, Interest Expense of 4.6 M or Selling General Administrative of 46.2 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.0187 or PTB Ratio of 0.8. Centerra financial statements analysis is a perfect complement when working with Centerra Gold Valuation or Volatility modules.
Centerra | Operating Margin |
Evaluating Centerra Gold'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 Centerra Gold's fundamental strength.
Latest Centerra Gold's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Centerra Gold over the last few years. It is Centerra Gold's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Centerra Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.34 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Centerra Operating Margin Regression Statistics
| Arithmetic Mean | 0.1 | |
| Coefficient Of Variation | 144.26 | |
| Mean Deviation | 0.1 | |
| Median | 0.09 | |
| Standard Deviation | 0.14 | |
| Sample Variance | 0.02 | |
| Range | 0.6289 | |
| R-Value | (0.09) | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.01 | |
| Significance | 0.74 | |
| Slope | (0) | |
| Total Sum of Squares | 0.32 |
Centerra Operating Margin History
About Centerra Gold Financial Statements
Centerra Gold investors utilize fundamental indicators, such as Operating Margin, to predict how Centerra 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.
Centerra Gold Inc., a gold mining and exploration company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Asia, and internationally. Centerra Gold Inc. was incorporated in 2002 and is headquartered in Toronto, Canada. CENTERRA GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 3650 people.
Pair Trading with Centerra Gold
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 Centerra Gold 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 Centerra Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Centerra Stock
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| 0.89 | IE | Ivanhoe Energy | PairCorr |
| 0.97 | ORE | Orezone Gold Corp | PairCorr |
| 0.94 | FDY | Faraday Copper Corp | PairCorr |
Moving against Centerra Stock
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.72 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.72 | MSFT | Microsoft CDR | PairCorr |
| 0.61 | AAPL | Apple CDR | PairCorr |
The ability to find closely correlated positions to Centerra Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centerra Gold 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 Centerra Gold - 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 Centerra Gold to buy it.
The correlation of Centerra Gold 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 Centerra Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centerra Gold 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 Centerra Gold 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 Centerra Gold Correlation against competitors. To learn how to invest in Centerra Stock, please use our How to Invest in Centerra Gold guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.