ECN Intangible Assets from 2010 to 2026
| ECN Stock | CAD 3.04 0.01 0.33% |
Intangible Assets | First Reported 2015-12-31 | Previous Quarter 129.6 M | Current Value 135.1 M | Quarterly Volatility 85.4 M |
Check ECN Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ECN Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.4 M, Interest Expense of 65.1 M or Selling General Administrative of 54.5 M, as well as many indicators such as Price To Sales Ratio of 3.05, Dividend Yield of 0.022 or PTB Ratio of 1.46. ECN financial statements analysis is a perfect complement when working with ECN Capital Valuation or Volatility modules.
ECN | Intangible Assets |
Evaluating ECN Capital's Intangible 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 ECN Capital Corp's fundamental strength.
Latest ECN Capital's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of ECN Capital Corp over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. ECN Capital's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ECN Capital's overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
|
Intangible Assets |
| Timeline |
ECN Intangible Assets Regression Statistics
| Arithmetic Mean | 104,580,612 | |
| Geometric Mean | 52,412,895 | |
| Coefficient Of Variation | 86.73 | |
| Mean Deviation | 73,007,048 | |
| Median | 105,049,000 | |
| Standard Deviation | 90,700,164 | |
| Sample Variance | 8226.5T | |
| Range | 264.3M | |
| R-Value | 0.58 | |
| Mean Square Error | 5825.7T | |
| R-Squared | 0.34 | |
| Significance | 0.01 | |
| Slope | 10,412,958 | |
| Total Sum of Squares | 131624.3T |
ECN Intangible Assets History
About ECN Capital Financial Statements
ECN Capital investors utilize fundamental indicators, such as Intangible Assets, to predict how ECN 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 | ||
| Intangible Assets | 141.9 M | 142 M |
Pair Trading with ECN Capital
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 ECN Capital 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 ECN Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ECN Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ECN Capital 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 ECN Capital - 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 ECN Capital Corp to buy it.
The correlation of ECN Capital 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 ECN Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ECN Capital Corp 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 ECN Capital 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 ECN Stock
ECN Capital financial ratios help investors to determine whether ECN 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 ECN with respect to the benefits of owning ECN Capital security.