GDI Cash Ratio from 2010 to 2026
| GDI Stock | CAD 36.36 0.05 0.14% |
Cash Ratio | First Reported 2010-12-31 | Previous Quarter 0.04 | Current Value 0.038 | Quarterly Volatility 12.12300505 |
Check GDI Integrated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GDI Integrated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.8 M, Interest Expense of 39.8 M or Selling General Administrative of 2.2 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0011 or PTB Ratio of 0.9. GDI financial statements analysis is a perfect complement when working with GDI Integrated Valuation or Volatility modules.
GDI | Cash Ratio |
Latest GDI Integrated's Cash Ratio Growth Pattern
Below is the plot of the Cash Ratio of GDI Integrated over the last few years. It is GDI Integrated's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GDI Integrated's overall financial position and show how it may be relating to other accounts over time.
| Cash Ratio | 10 Years Trend |
|
Cash Ratio |
| Timeline |
GDI Cash Ratio Regression Statistics
| Arithmetic Mean | 4.83 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 251.11 | |
| Mean Deviation | 7.30 | |
| Median | 0.04 | |
| Standard Deviation | 12.12 | |
| Sample Variance | 146.97 | |
| Range | 48.9281 | |
| R-Value | (0.60) | |
| Mean Square Error | 100.52 | |
| R-Squared | 0.36 | |
| Significance | 0.01 | |
| Slope | (1.44) | |
| Total Sum of Squares | 2,351 |
GDI Cash Ratio History
About GDI Integrated Financial Statements
GDI Integrated investors utilize fundamental indicators, such as Cash Ratio, to predict how GDI 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 | ||
| Cash Ratio | 0.04 | 0.04 |
Pair Trading with GDI Integrated
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 GDI Integrated 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 GDI Integrated will appreciate offsetting losses from the drop in the long position's value.Moving together with GDI Stock
The ability to find closely correlated positions to GDI Integrated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GDI Integrated 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 GDI Integrated - 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 GDI Integrated to buy it.
The correlation of GDI Integrated 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 GDI Integrated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GDI Integrated 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 GDI Integrated 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 GDI Stock
GDI Integrated financial ratios help investors to determine whether GDI 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 GDI with respect to the benefits of owning GDI Integrated security.