InPlay Operating Cycle from 2010 to 2026
| IPO Stock | CAD 13.09 0.32 2.51% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 81.47 | Current Value 100.12 | Quarterly Volatility 49.19876245 |
Check InPlay Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InPlay Oil's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.6 M, Interest Expense of 5.4 M or Selling General Administrative of 9 M, as well as many indicators such as Price To Sales Ratio of 4.1, Dividend Yield of 0.0087 or PTB Ratio of 3.04. InPlay financial statements analysis is a perfect complement when working with InPlay Oil Valuation or Volatility modules.
InPlay | Operating Cycle |
Latest InPlay Oil's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of InPlay Oil Corp over the last few years. It is InPlay Oil's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InPlay Oil's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
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Operating Cycle |
| Timeline |
InPlay Operating Cycle Regression Statistics
| Arithmetic Mean | 75.27 | |
| Geometric Mean | 63.13 | |
| Coefficient Of Variation | 65.36 | |
| Mean Deviation | 31.94 | |
| Median | 67.97 | |
| Standard Deviation | 49.20 | |
| Sample Variance | 2,421 | |
| Range | 221 | |
| R-Value | (0.03) | |
| Mean Square Error | 2,579 | |
| R-Squared | 0 | |
| Significance | 0.89 | |
| Slope | (0.34) | |
| Total Sum of Squares | 38,728 |
InPlay Operating Cycle History
About InPlay Oil Financial Statements
InPlay Oil investors utilize fundamental indicators, such as Operating Cycle, to predict how InPlay 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 | ||
| Operating Cycle | 81.47 | 100.12 |
Pair Trading with InPlay Oil
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 InPlay Oil 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 InPlay Oil will appreciate offsetting losses from the drop in the long position's value.Moving together with InPlay Stock
Moving against InPlay Stock
| 0.42 | SAGE | Sage Potash Corp | PairCorr |
| 0.41 | GSTM | Goldstorm Metals Corp | PairCorr |
| 0.37 | VYC-H | Vanity Capital | PairCorr |
The ability to find closely correlated positions to InPlay Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InPlay Oil 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 InPlay Oil - 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 InPlay Oil Corp to buy it.
The correlation of InPlay Oil 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 InPlay Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InPlay Oil 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 InPlay Oil 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 InPlay Stock
InPlay Oil financial ratios help investors to determine whether InPlay 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 InPlay with respect to the benefits of owning InPlay Oil security.