Groupe Other Operating Expenses from 2010 to 2026
| GRGD Stock | 81.59 0.55 0.68% |
Other Operating Expenses | First Reported 2010-12-31 | Previous Quarter 858.3 M | Current Value 706.8 M | Quarterly Volatility 78.8 M |
Check Groupe Dynamite financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Groupe Dynamite's main balance sheet or income statement drivers, such as Depreciation And Amortization of 74.5 M, Interest Expense of 27.5 M or Selling General Administrative of 234.7 M, as well as many indicators such as Price To Sales Ratio of 3.01, Dividend Yield of 0.0693 or PTB Ratio of 10.51. Groupe financial statements analysis is a perfect complement when working with Groupe Dynamite Valuation or Volatility modules.
Groupe | Other Operating Expenses |
Latest Groupe Dynamite's Other Operating Expenses Growth Pattern
Below is the plot of the Other Operating Expenses of Groupe Dynamite over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Groupe Dynamite. It is also known as Groupe Dynamite overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Groupe Dynamite's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Groupe Dynamite's overall financial position and show how it may be relating to other accounts over time.
| Other Operating Expenses | 10 Years Trend |
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Other Operating Expenses |
| Timeline |
Groupe Other Operating Expenses Regression Statistics
| Arithmetic Mean | 620,286,237 | |
| Geometric Mean | 616,205,414 | |
| Coefficient Of Variation | 12.71 | |
| Mean Deviation | 57,160,597 | |
| Median | 582,700,000 | |
| Standard Deviation | 78,825,937 | |
| Sample Variance | 6213.5T | |
| Range | 275.6M | |
| R-Value | 0.67 | |
| Mean Square Error | 3635.9T | |
| R-Squared | 0.45 | |
| Significance | 0 | |
| Slope | 10,487,925 | |
| Total Sum of Squares | 99416.5T |
Groupe Other Operating Expenses History
About Groupe Dynamite Financial Statements
Groupe Dynamite investors utilize fundamental indicators, such as Other Operating Expenses, to predict how Groupe 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 | ||
| Other Operating Expenses | 858.3 M | 706.8 M |
Pair Trading with Groupe Dynamite
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 Groupe Dynamite 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 Groupe Dynamite will appreciate offsetting losses from the drop in the long position's value.Moving together with Groupe Stock
Moving against Groupe Stock
| 0.85 | SBIO | Sabio Holdings | PairCorr |
| 0.53 | ONAU | OnGold Resources | PairCorr |
| 0.35 | DFR | Diamond Fields Resources | PairCorr |
The ability to find closely correlated positions to Groupe Dynamite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Groupe Dynamite 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 Groupe Dynamite - 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 Groupe Dynamite to buy it.
The correlation of Groupe Dynamite 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 Groupe Dynamite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Groupe Dynamite 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 Groupe Dynamite 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 Groupe Stock
Groupe Dynamite financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe Dynamite security.