Kolibri Graham Number from 2010 to 2026
| KEI Stock | CAD 5.41 0.13 2.35% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 8.98 | Current Value 10.26 | Quarterly Volatility 5.69025574 |
Check Kolibri Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kolibri Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 2.1 M or Selling General Administrative of 5.8 M, as well as many indicators such as Price To Sales Ratio of 5.69, Dividend Yield of 0.0 or PTB Ratio of 0.7. Kolibri financial statements analysis is a perfect complement when working with Kolibri Global Valuation or Volatility modules.
Kolibri | Graham Number |
Latest Kolibri Global's Graham Number Growth Pattern
Below is the plot of the Graham Number of Kolibri Global Energy over the last few years. It is Kolibri Global's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kolibri Global's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
Kolibri Graham Number Regression Statistics
| Arithmetic Mean | 8.43 | |
| Geometric Mean | 7.16 | |
| Coefficient Of Variation | 67.47 | |
| Mean Deviation | 4.29 | |
| Median | 4.74 | |
| Standard Deviation | 5.69 | |
| Sample Variance | 32.38 | |
| Range | 15.0583 | |
| R-Value | 0.45 | |
| Mean Square Error | 27.68 | |
| R-Squared | 0.20 | |
| Significance | 0.07 | |
| Slope | 0.50 | |
| Total Sum of Squares | 518.06 |
Kolibri Graham Number History
About Kolibri Global Financial Statements
Kolibri Global investors utilize fundamental indicators, such as Graham Number, to predict how Kolibri 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 | ||
| Graham Number | 8.98 | 10.26 |
Pair Trading with Kolibri Global
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 Kolibri Global 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 Kolibri Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Kolibri Stock
Moving against Kolibri Stock
| 0.8 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.7 | ISRG | Intuitive Surgical CDR | PairCorr |
| 0.59 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.58 | YRB | Yorbeau Resources | PairCorr |
| 0.56 | POW | Power | PairCorr |
The ability to find closely correlated positions to Kolibri Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kolibri Global 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 Kolibri Global - 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 Kolibri Global Energy to buy it.
The correlation of Kolibri Global 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 Kolibri Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kolibri Global Energy 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 Kolibri Global 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.Check out the analysis of Kolibri Global Correlation against competitors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.