Perseus Cash from 2010 to 2026
| PRU Stock | CAD 5.60 0.22 4.09% |
Cash | First Reported 2005-06-30 | Previous Quarter 1 B | Current Value 751.8 M | Quarterly Volatility 253 M |
Check Perseus Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perseus Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 185.7 M, Interest Expense of 10.5 M or Selling General Administrative of 16.3 M, as well as many indicators such as Price To Sales Ratio of 4.08, Dividend Yield of 0.0092 or PTB Ratio of 1.89. Perseus financial statements analysis is a perfect complement when working with Perseus Mining Valuation or Volatility modules.
Perseus | Cash |
Evaluating Perseus Mining's Cash 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 Perseus Mining's fundamental strength.
Latest Perseus Mining's Cash Growth Pattern
Below is the plot of the Cash of Perseus Mining over the last few years. Cash refers to the most liquid asset of Perseus Mining, which is listed under current asset account on Perseus Mining balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Perseus Mining customers. The amounts must be unrestricted with restricted cash listed in a different Perseus Mining account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Perseus Mining's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perseus Mining's overall financial position and show how it may be relating to other accounts over time.
| Cash | 10 Years Trend |
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Cash |
| Timeline |
Perseus Cash Regression Statistics
| Arithmetic Mean | 323,535,858 | |
| Geometric Mean | 137,649,797 | |
| Coefficient Of Variation | 105.50 | |
| Mean Deviation | 299,265,316 | |
| Median | 151,257,000 | |
| Standard Deviation | 341,333,839 | |
| Sample Variance | 116508.8T | |
| Range | 905.9M | |
| R-Value | 0.89 | |
| Mean Square Error | 25966.1T | |
| R-Squared | 0.79 | |
| Slope | 60,119,358 | |
| Total Sum of Squares | 1864140.6T |
Perseus Cash History
About Perseus Mining Financial Statements
Perseus Mining investors utilize fundamental indicators, such as Cash, to predict how Perseus 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.
Pair Trading with Perseus 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 Perseus 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 Perseus Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Perseus Stock
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| 0.78 | FDY | Faraday Copper Corp | PairCorr |
Moving against Perseus Stock
| 0.73 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.73 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.67 | AAPL | Apple CDR | PairCorr |
| 0.67 | AAPL | Apple Inc CDR | PairCorr |
| 0.42 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Perseus 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 Perseus 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 Perseus 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 Perseus Mining to buy it.
The correlation of Perseus 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 Perseus Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perseus 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 Perseus 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 Perseus Stock
Perseus Mining financial ratios help investors to determine whether Perseus 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 Perseus with respect to the benefits of owning Perseus Mining security.