Freehold Depreciation And Amortization from 2010 to 2024

FRU Stock  CAD 14.04  0.03  0.21%   
Freehold Royalties Depreciation And Amortization yearly trend continues to be very stable with very little volatility. Depreciation And Amortization is likely to drop to about 66.6 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1997-03-31
Previous Quarter
25.3 M
Current Value
24.6 M
Quarterly Volatility
7.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Freehold Royalties financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freehold Royalties' main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.6 M, Interest Expense of 10.8 M or Selling General Administrative of 11.2 M, as well as many indicators such as Price To Sales Ratio of 9.91, Dividend Yield of 0.11 or PTB Ratio of 1.8. Freehold financial statements analysis is a perfect complement when working with Freehold Royalties Valuation or Volatility modules.
  
This module can also supplement various Freehold Royalties Technical models . Check out the analysis of Freehold Royalties Correlation against competitors.

Pair Trading with Freehold Royalties

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 Freehold Royalties 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 Freehold Royalties will appreciate offsetting losses from the drop in the long position's value.

Moving together with Freehold Stock

  0.66ENB-PFV Enbridge Pref 5PairCorr
  0.7ENB-PFU Enbridge Pref LPairCorr

Moving against Freehold Stock

  0.42SAGE Sage Potash CorpPairCorr
  0.39SCD Scandium CanadaPairCorr
The ability to find closely correlated positions to Freehold Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freehold Royalties 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 Freehold Royalties - 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 Freehold Royalties to buy it.
The correlation of Freehold Royalties 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 Freehold Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freehold Royalties 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 Freehold Royalties 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Freehold Stock

Freehold Royalties financial ratios help investors to determine whether Freehold 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 Freehold with respect to the benefits of owning Freehold Royalties security.