Centerra Total Current Assets from 2010 to 2026
| CG Stock | CAD 23.20 0.39 1.71% |
Total Current Assets | First Reported 2005-03-31 | Previous Quarter 967.2 M | Current Value 1.1 B | Quarterly Volatility 309.6 M |
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 | Total Current Assets |
Evaluating Centerra Gold's Total Current Assets 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 Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Centerra Gold over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Centerra Gold's Total Current Assets 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.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Centerra Total Current Assets Regression Statistics
| Arithmetic Mean | 948,870,137 | |
| Geometric Mean | 847,421,656 | |
| Coefficient Of Variation | 28.53 | |
| Mean Deviation | 153,642,580 | |
| Median | 982,653,000 | |
| Standard Deviation | 270,702,293 | |
| Sample Variance | 73279.7T | |
| Range | 1.3B | |
| R-Value | 0.47 | |
| Mean Square Error | 61073.2T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 25,067,462 | |
| Total Sum of Squares | 1172475.7T |
Centerra Total Current Assets History
About Centerra Gold Financial Statements
Centerra Gold investors utilize fundamental indicators, such as Total Current Assets, 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.
| Last Reported | Projected for Next Year | ||
| Total Current Assets | 1.1 B | 845 M |
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
| 0.99 | AG | First Majestic Silver | PairCorr |
| 0.94 | IE | Ivanhoe Energy | PairCorr |
| 0.98 | ORE | Orezone Gold Corp | PairCorr |
| 0.69 | FDR | Flinders Resources | PairCorr |
| 0.93 | FDY | Faraday Copper Corp | PairCorr |
Moving against Centerra Stock
| 0.74 | MSFT | Microsoft CDR | PairCorr |
| 0.74 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.71 | AAPL | Apple CDR | PairCorr |
| 0.71 | AAPL | Apple Inc 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.