Evertz Operating Cycle from 2010 to 2026
| ET Stock | CAD 13.77 0.16 1.18% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 351 | Current Value 305.39 | Quarterly Volatility 71.43189582 |
Check Evertz Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evertz Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.4 M, Interest Expense of 1.2 M or Selling General Administrative of 49 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0444 or PTB Ratio of 3.4. Evertz financial statements analysis is a perfect complement when working with Evertz Technologies Valuation or Volatility modules.
Evertz | Operating Cycle |
Latest Evertz Technologies' Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Evertz Technologies Limited over the last few years. It is Evertz Technologies' Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evertz Technologies' overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
Evertz Operating Cycle Regression Statistics
| Arithmetic Mean | 407.90 | |
| Geometric Mean | 400.53 | |
| Coefficient Of Variation | 17.51 | |
| Mean Deviation | 50.19 | |
| Median | 418.93 | |
| Standard Deviation | 71.43 | |
| Sample Variance | 5,103 | |
| Range | 290 | |
| R-Value | 0.07 | |
| Mean Square Error | 5,414 | |
| R-Squared | 0.01 | |
| Significance | 0.78 | |
| Slope | 1.02 | |
| Total Sum of Squares | 81,640 |
Evertz Operating Cycle History
About Evertz Technologies Financial Statements
Evertz Technologies investors utilize fundamental indicators, such as Operating Cycle, to predict how Evertz 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 | ||
| Operating Cycle | 351.00 | 305.39 |
Pair Trading with Evertz Technologies
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 Evertz Technologies 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 Evertz Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Evertz Stock
Moving against Evertz Stock
The ability to find closely correlated positions to Evertz Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertz Technologies 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 Evertz Technologies - 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 Evertz Technologies Limited to buy it.
The correlation of Evertz Technologies 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 Evertz Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertz Technologies 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 Evertz Technologies 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 Evertz Stock
Evertz Technologies financial ratios help investors to determine whether Evertz 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 Evertz with respect to the benefits of owning Evertz Technologies security.