K92 Graham Number from 2010 to 2026
| KNT Stock | CAD 27.31 0.37 1.37% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 4.15 | Current Value 4.36 | Quarterly Volatility 1.13355733 |
Check K92 Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among K92 Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 40.2 M, Interest Expense of 395.5 K or Selling General Administrative of 18.1 M, as well as many indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0 or PTB Ratio of 3.28. K92 financial statements analysis is a perfect complement when working with K92 Mining Valuation or Volatility modules.
K92 | Graham Number |
Evaluating K92 Mining's Graham Number 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 K92 Mining's fundamental strength.
Latest K92 Mining's Graham Number Growth Pattern
Below is the plot of the Graham Number of K92 Mining over the last few years. It is K92 Mining's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in K92 Mining's overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
|
Graham Number |
| Timeline |
K92 Graham Number Regression Statistics
| Arithmetic Mean | 2.07 | |
| Geometric Mean | 1.87 | |
| Coefficient Of Variation | 54.72 | |
| Mean Deviation | 0.84 | |
| Median | 1.40 | |
| Standard Deviation | 1.13 | |
| Sample Variance | 1.28 | |
| Range | 3.2097 | |
| R-Value | 0.78 | |
| Mean Square Error | 0.55 | |
| R-Squared | 0.60 | |
| Significance | 0.0003 | |
| Slope | 0.17 | |
| Total Sum of Squares | 20.56 |
K92 Graham Number History
About K92 Mining Financial Statements
K92 Mining investors utilize fundamental indicators, such as Graham Number, to predict how K92 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 | 4.15 | 4.36 |
Pair Trading with K92 Mining
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 K92 Mining 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 K92 Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with K92 Stock
| 0.98 | AG | First Majestic Silver | PairCorr |
| 0.95 | IE | Ivanhoe Energy | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.94 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining 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 K92 Mining - 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 K92 Mining to buy it.
The correlation of K92 Mining 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 K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining 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 K92 Mining 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 K92 Stock
K92 Mining financial ratios help investors to determine whether K92 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 K92 with respect to the benefits of owning K92 Mining security.