Tidewater Graham Number from 2010 to 2026
| LCFS Stock | 6.69 0.50 8.08% |
Graham Number | First Reported 2010-12-31 | Previous Quarter 14.61 | Current Value 10.09 | Quarterly Volatility 2.98066928 |
Check Tidewater Renewables financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tidewater Renewables' main balance sheet or income statement drivers, such as Depreciation And Amortization of 38 M, Interest Expense of 44.8 M or Selling General Administrative of 10.8 M, as well as many indicators such as Price To Sales Ratio of 0.0732, Dividend Yield of 0.0 or PTB Ratio of 0.21. Tidewater financial statements analysis is a perfect complement when working with Tidewater Renewables Valuation or Volatility modules.
Tidewater | Graham Number |
Evaluating Tidewater Renewables'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 Tidewater Renewables's fundamental strength.
Latest Tidewater Renewables' Graham Number Growth Pattern
Below is the plot of the Graham Number of Tidewater Renewables over the last few years. It is Tidewater Renewables' Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tidewater Renewables' overall financial position and show how it may be relating to other accounts over time.
| Graham Number | 10 Years Trend |
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Graham Number |
| Timeline |
Tidewater Graham Number Regression Statistics
| Arithmetic Mean | 10.67 | |
| Geometric Mean | 10.34 | |
| Coefficient Of Variation | 27.94 | |
| Mean Deviation | 2.43 | |
| Median | 9.00 | |
| Standard Deviation | 2.98 | |
| Sample Variance | 8.88 | |
| Range | 7.2317 | |
| R-Value | 0.65 | |
| Mean Square Error | 5.47 | |
| R-Squared | 0.42 | |
| Significance | 0 | |
| Slope | 0.38 | |
| Total Sum of Squares | 142.15 |
Tidewater Graham Number History
About Tidewater Renewables Financial Statements
Tidewater Renewables investors utilize fundamental indicators, such as Graham Number, to predict how Tidewater 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 | 14.61 | 10.09 |
Pair Trading with Tidewater Renewables
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 Tidewater Renewables 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 Tidewater Renewables will appreciate offsetting losses from the drop in the long position's value.Moving against Tidewater Stock
| 0.66 | BOFA | Bank of America | PairCorr |
| 0.62 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.62 | MSFT | Microsoft CDR | PairCorr |
| 0.6 | WFCS | Wells Fargo CDR | PairCorr |
| 0.51 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Tidewater Renewables could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Renewables 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 Tidewater Renewables - 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 Tidewater Renewables to buy it.
The correlation of Tidewater Renewables 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 Tidewater Renewables moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Renewables 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 Tidewater Renewables 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 Tidewater Stock
Tidewater Renewables financial ratios help investors to determine whether Tidewater 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 Tidewater with respect to the benefits of owning Tidewater Renewables security.