Orvana Net Invested Capital from 2010 to 2026
| ORV Stock | CAD 1.98 0.05 2.46% |
Net Invested Capital | First Reported 2020-03-31 | Previous Quarter 113.7 M | Current Value 131.9 M | Quarterly Volatility 15.4 M |
Check Orvana Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Orvana Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.4 M, Interest Expense of 2.3 M or Selling General Administrative of 4.4 M, as well as many indicators such as Price To Sales Ratio of 46.36, Dividend Yield of 0.0 or PTB Ratio of 1.26. Orvana financial statements analysis is a perfect complement when working with Orvana Minerals Valuation or Volatility modules.
Orvana | Net Invested Capital |
Evaluating Orvana Minerals's Net Invested Capital 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 Orvana Minerals Corp's fundamental strength.
Latest Orvana Minerals' Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Orvana Minerals Corp over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Orvana Minerals' Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Orvana Minerals' overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Orvana Net Invested Capital Regression Statistics
| Arithmetic Mean | 95,622,889 | |
| Geometric Mean | 94,668,316 | |
| Coefficient Of Variation | 14.01 | |
| Mean Deviation | 11,380,837 | |
| Median | 102,339,000 | |
| Standard Deviation | 13,400,348 | |
| Sample Variance | 179.6T | |
| Range | 42.3M | |
| R-Value | (0.55) | |
| Mean Square Error | 133.8T | |
| R-Squared | 0.30 | |
| Significance | 0.02 | |
| Slope | (1,457,299) | |
| Total Sum of Squares | 2873.1T |
Orvana Net Invested Capital History
About Orvana Minerals Financial Statements
Orvana Minerals investors utilize fundamental indicators, such as Net Invested Capital, to predict how Orvana 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 | ||
| Net Invested Capital | 102.3 M | 72.7 M |
Pair Trading with Orvana Minerals
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 Orvana Minerals 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 Orvana Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Orvana Stock
The ability to find closely correlated positions to Orvana Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orvana Minerals 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 Orvana Minerals - 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 Orvana Minerals Corp to buy it.
The correlation of Orvana Minerals 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 Orvana Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orvana Minerals 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 Orvana Minerals 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 Orvana Stock
Orvana Minerals financial ratios help investors to determine whether Orvana 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 Orvana with respect to the benefits of owning Orvana Minerals security.