Canadian Operating Cycle from 2010 to 2026
| CP Stock | USD 85.10 0.40 0.47% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 69.48033941 | Current Value 49.66 | Quarterly Volatility 9.74589426 |
Check Canadian Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Pacific's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 919.8 M or Selling General Administrative of 611.9 M, as well as many indicators such as Price To Sales Ratio of 6.45, Dividend Yield of 0.0082 or PTB Ratio of 2.46. Canadian financial statements analysis is a perfect complement when working with Canadian Pacific Valuation or Volatility modules.
Canadian | Operating Cycle | Build AI portfolio with Canadian Stock |
Evaluating Canadian Pacific's Operating Cycle 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 Canadian Pacific Railway's fundamental strength.
Latest Canadian Pacific's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Canadian Pacific Railway over the last few years. It is Canadian Pacific's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Pacific's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
Canadian Operating Cycle Regression Statistics
| Arithmetic Mean | 58.57 | |
| Geometric Mean | 57.81 | |
| Coefficient Of Variation | 16.64 | |
| Mean Deviation | 7.38 | |
| Median | 56.97 | |
| Standard Deviation | 9.75 | |
| Sample Variance | 94.98 | |
| Range | 39.265 | |
| R-Value | 0.72 | |
| Mean Square Error | 48.55 | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | 1.39 | |
| Total Sum of Squares | 1,520 |
Canadian Operating Cycle History
About Canadian Pacific Financial Statements
Canadian Pacific shareholders use historical fundamental indicators, such as Operating Cycle, to determine how well the company is positioned to perform in the future. Although Canadian Pacific investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Pacific's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Pacific's 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 | ||
| Operating Cycle | 69.48 | 49.66 |
Pair Trading with Canadian Pacific
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 Canadian Pacific 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 Canadian Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Canadian Stock
Moving against Canadian Stock
| 0.71 | KLS | Kelsian Group Earnings Call This Week | PairCorr |
| 0.68 | KLS | Kelso Technologies | PairCorr |
| 0.37 | ETS | Elite Express Holding | PairCorr |
The ability to find closely correlated positions to Canadian Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Pacific 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 Canadian Pacific - 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 Canadian Pacific Railway to buy it.
The correlation of Canadian Pacific 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 Canadian Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Pacific Railway 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 Canadian Pacific 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 Canadian Stock Analysis
When running Canadian Pacific's price analysis, check to measure Canadian Pacific's 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 Canadian Pacific is operating at the current time. Most of Canadian Pacific's value examination focuses on studying past and present price action to predict the probability of Canadian Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Pacific's price. Additionally, you may evaluate how the addition of Canadian Pacific to your portfolios can decrease your overall portfolio volatility.