Dundee Graham Number from 2010 to 2026
| DC-A Stock | CAD 4.04 0.07 1.70% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 6.19 | Current Value 5.88 | Quarterly Volatility 28.55893263 |
Check Dundee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dundee's main balance sheet or income statement drivers, such as Depreciation And Amortization of 816.5 K, Selling General Administrative of 13.7 M or Total Revenue of 4 M, as well as many indicators such as Price To Sales Ratio of 26.06, Dividend Yield of 0.0177 or PTB Ratio of 0.57. Dundee financial statements analysis is a perfect complement when working with Dundee Valuation or Volatility modules.
Dundee | Graham Number |
Latest Dundee's Graham Number Growth Pattern
Below is the plot of the Graham Number of Dundee over the last few years. It is Dundee's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Dundee's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Dundee Graham Number Regression Statistics
| Arithmetic Mean | 16.23 | |
| Geometric Mean | 8.28 | |
| Coefficient Of Variation | 176.02 | |
| Mean Deviation | 17.74 | |
| Median | 5.46 | |
| Standard Deviation | 28.56 | |
| Sample Variance | 815.61 | |
| Range | 93.9568 | |
| R-Value | (0.46) | |
| Mean Square Error | 684.76 | |
| R-Squared | 0.21 | |
| Significance | 0.06 | |
| Slope | (2.61) | |
| Total Sum of Squares | 13,050 |
Dundee Graham Number History
About Dundee Financial Statements
Dundee investors utilize fundamental indicators, such as Graham Number, to predict how Dundee 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 | ||
| Graham Number | 6.19 | 5.88 |
Pair Trading with Dundee
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 Dundee 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 Dundee will appreciate offsetting losses from the drop in the long position's value.Moving together with Dundee Stock
Moving against Dundee Stock
The ability to find closely correlated positions to Dundee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee 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 Dundee - 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 Dundee to buy it.
The correlation of Dundee 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 Dundee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee 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 Dundee 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.Other Information on Investing in Dundee Stock
Dundee financial ratios help investors to determine whether Dundee Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dundee with respect to the benefits of owning Dundee security.