Canso Total Assets from 2010 to 2026
| PBY-UN Stock | CAD 15.89 0.01 0.06% |
Total Assets | First Reported 2013-06-30 | Previous Quarter 192.1 M | Current Value 201.3 M | Quarterly Volatility 50.3 M |
Check Canso Credit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canso Credit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 202.7 K, Selling General Administrative of 3 M or Other Operating Expenses of 6.1 M, as well as many indicators such as Price To Sales Ratio of 8.25, Dividend Yield of 0.0485 or PTB Ratio of 1.1. Canso financial statements analysis is a perfect complement when working with Canso Credit Valuation or Volatility modules.
Canso | Total Assets |
Latest Canso Credit's Total Assets Growth Pattern
Below is the plot of the Total Assets of Canso Credit Trust over the last few years. Total assets refers to the total amount of Canso Credit assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Canso Credit Trust books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Canso Credit's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canso Credit's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 192.07 M | 10 Years Trend |
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Total Assets |
| Timeline |
Canso Total Assets Regression Statistics
| Arithmetic Mean | 228,437,835 | |
| Geometric Mean | 224,526,157 | |
| Coefficient Of Variation | 19.51 | |
| Mean Deviation | 29,675,876 | |
| Median | 226,270,437 | |
| Standard Deviation | 44,568,649 | |
| Sample Variance | 1986.4T | |
| Range | 210.6M | |
| R-Value | (0.02) | |
| Mean Square Error | 2117.7T | |
| R-Squared | 0.0005 | |
| Significance | 0.93 | |
| Slope | (198,591) | |
| Total Sum of Squares | 31781.8T |
Canso Total Assets History
About Canso Credit Financial Statements
Canso Credit stakeholders use historical fundamental indicators, such as Canso Credit's Total Assets, to determine how well the company is positioned to perform in the future. Although Canso Credit investors may analyze each financial statement separately, they are all interrelated. For example, changes in Canso Credit's assets and liabilities are reflected in the revenues and expenses on Canso Credit's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Canso Credit Trust. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 220.9 M | 253.8 M |
Pair Trading with Canso Credit
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 Canso Credit 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 Canso Credit will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Canso Credit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canso Credit 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 Canso Credit - 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 Canso Credit Trust to buy it.
The correlation of Canso Credit 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 Canso Credit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canso Credit Trust 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 Canso Credit 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 Canso Stock
Canso Credit financial ratios help investors to determine whether Canso 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 Canso with respect to the benefits of owning Canso Credit security.