Colabor Change To Inventory from 2010 to 2026
| GCL Stock | CAD 0.04 0.00 0.00% |
Change To Inventory | First Reported 2010-03-31 | Previous Quarter -3.4 M | Current Value -6.4 M | Quarterly Volatility 5.6 M |
Check Colabor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Colabor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.4 M, Interest Expense of 7.8 M or Selling General Administrative of 51.8 M, as well as many indicators such as Price To Sales Ratio of 0.13, Dividend Yield of 0.1 or PTB Ratio of 1.0. Colabor financial statements analysis is a perfect complement when working with Colabor Valuation or Volatility modules.
Colabor | Change To Inventory |
Evaluating Colabor's Change To Inventory 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 Colabor Group's fundamental strength.
Latest Colabor's Change To Inventory Growth Pattern
Below is the plot of the Change To Inventory of Colabor Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Colabor's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Colabor's overall financial position and show how it may be relating to other accounts over time.
| Change To Inventory | 10 Years Trend |
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Change To Inventory |
| Timeline |
Colabor Change To Inventory Regression Statistics
| Arithmetic Mean | 1,218,517 | |
| Coefficient Of Variation | 477.35 | |
| Mean Deviation | 4,672,925 | |
| Median | 434,000 | |
| Standard Deviation | 5,816,532 | |
| Sample Variance | 33.8T | |
| Range | 21.9M | |
| R-Value | (0.34) | |
| Mean Square Error | 32T | |
| R-Squared | 0.11 | |
| Significance | 0.19 | |
| Slope | (387,988) | |
| Total Sum of Squares | 541.3T |
Colabor Change To Inventory History
About Colabor Financial Statements
Colabor investors utilize fundamental indicators, such as Change To Inventory, to predict how Colabor 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 | ||
| Change To Inventory | 276.3 K | 262.5 K |
Pair Trading with Colabor
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 Colabor 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 Colabor will appreciate offsetting losses from the drop in the long position's value.Moving together with Colabor Stock
Moving against Colabor Stock
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| 0.79 | APM | Andean Precious Metals | PairCorr |
| 0.78 | NEXG | NeXGold Mining Corp | PairCorr |
| 0.78 | CFW | Calfrac Well Services | PairCorr |
| 0.77 | HCH | Hot Chili | PairCorr |
The ability to find closely correlated positions to Colabor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colabor 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 Colabor - 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 Colabor Group to buy it.
The correlation of Colabor 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 Colabor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colabor Group 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 Colabor 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 Colabor Stock
Colabor financial ratios help investors to determine whether Colabor 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 Colabor with respect to the benefits of owning Colabor security.