Faraday Total Assets from 2010 to 2026
| FDY Stock | CAD 3.07 0.17 5.86% |
Total Assets | First Reported 2010-03-31 | Previous Quarter 25 M | Current Value 69.2 M | Quarterly Volatility 15.7 M |
Check Faraday Copper financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Faraday Copper's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.9 K, Selling General Administrative of 1.9 M or Other Operating Expenses of 28.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 1.13 or PTB Ratio of 4.58. Faraday financial statements analysis is a perfect complement when working with Faraday Copper Valuation or Volatility modules.
Faraday | Total Assets |
Evaluating Faraday Copper's Total 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 Faraday Copper Corp's fundamental strength.
Latest Faraday Copper's Total Assets Growth Pattern
Below is the plot of the Total Assets of Faraday Copper Corp over the last few years. Total assets refers to the total amount of Faraday Copper assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Faraday Copper Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Faraday Copper's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Faraday Copper's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 40.58 M | 10 Years Trend |
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Total Assets |
| Timeline |
Faraday Total Assets Regression Statistics
| Arithmetic Mean | 16,865,248 | |
| Geometric Mean | 6,343,170 | |
| Coefficient Of Variation | 100.96 | |
| Mean Deviation | 14,191,685 | |
| Median | 11,233,236 | |
| Standard Deviation | 17,027,086 | |
| Sample Variance | 289.9T | |
| Range | 48.9M | |
| R-Value | 0.84 | |
| Mean Square Error | 89.3T | |
| R-Squared | 0.71 | |
| Significance | 0.000021 | |
| Slope | 2,843,937 | |
| Total Sum of Squares | 4638.7T |
Faraday Total Assets History
About Faraday Copper Financial Statements
Faraday Copper investors utilize fundamental indicators, such as Total Assets, to predict how Faraday 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 Assets | 46.7 M | 49 M |
Pair Trading with Faraday Copper
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 Faraday Copper 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 Faraday Copper will appreciate offsetting losses from the drop in the long position's value.Moving together with Faraday Stock
| 0.93 | AG | First Majestic Silver | PairCorr |
| 0.95 | IE | Ivanhoe Energy | PairCorr |
| 0.94 | ORE | Orezone Gold Corp | PairCorr |
The ability to find closely correlated positions to Faraday Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Faraday Copper 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 Faraday Copper - 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 Faraday Copper Corp to buy it.
The correlation of Faraday Copper 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 Faraday Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Faraday Copper 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 Faraday Copper 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 Faraday Stock
Faraday Copper financial ratios help investors to determine whether Faraday 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 Faraday with respect to the benefits of owning Faraday Copper security.