Faraday Net Working Capital from 2010 to 2026
| FDY Stock | CAD 3.07 0.17 5.86% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 15.1 M | Current Value 15.9 M | Quarterly Volatility 6.4 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 | Net Working Capital |
Evaluating Faraday Copper's Net Working Capital 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 Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Faraday Copper Corp over the last few years. It is Faraday Copper's Net Working Capital 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.
| Net Working Capital | 10 Years Trend |
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Net Working Capital |
| Timeline |
Faraday Net Working Capital Regression Statistics
| Arithmetic Mean | 3,586,418 | |
| Coefficient Of Variation | 178.68 | |
| Mean Deviation | 5,362,960 | |
| Median | (543,745) | |
| Standard Deviation | 6,408,379 | |
| Sample Variance | 41.1T | |
| Range | 16.5M | |
| R-Value | 0.83 | |
| Mean Square Error | 13.6T | |
| R-Squared | 0.69 | |
| Significance | 0.000036 | |
| Slope | 1,054,466 | |
| Total Sum of Squares | 657.1T |
Faraday Net Working Capital History
About Faraday Copper Financial Statements
Faraday Copper investors utilize fundamental indicators, such as Net Working Capital, 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 | ||
| Net Working Capital | 15.1 M | 15.9 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.