PyroGenesis Cash Conversion Cycle from 2010 to 2026
| PYR Stock | CAD 0.25 0.02 7.41% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 138.15 | Current Value 135.22 | Quarterly Volatility 115.65938543 |
Check PyroGenesis Canada financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PyroGenesis Canada's main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Selling General Administrative of 8.9 M or Total Revenue of 18.9 M, as well as many indicators such as Price To Sales Ratio of 6.64, Dividend Yield of 0.0 or Days Sales Outstanding of 156. PyroGenesis financial statements analysis is a perfect complement when working with PyroGenesis Canada Valuation or Volatility modules.
PyroGenesis | Cash Conversion Cycle |
Evaluating PyroGenesis Canada's Cash Conversion Cycle 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 PyroGenesis Canada's fundamental strength.
Latest PyroGenesis Canada's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of PyroGenesis Canada over the last few years. It is PyroGenesis Canada's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PyroGenesis Canada's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
PyroGenesis Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 85.01 | |
| Coefficient Of Variation | 136.05 | |
| Mean Deviation | 88.80 | |
| Median | 118.59 | |
| Standard Deviation | 115.66 | |
| Sample Variance | 13,377 | |
| Range | 506 | |
| R-Value | 0.25 | |
| Mean Square Error | 13,350 | |
| R-Squared | 0.06 | |
| Significance | 0.33 | |
| Slope | 5.81 | |
| Total Sum of Squares | 214,033 |
PyroGenesis Cash Conversion Cycle History
About PyroGenesis Canada Financial Statements
PyroGenesis Canada investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how PyroGenesis 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 | ||
| Cash Conversion Cycle | 138.15 | 135.22 |
Pair Trading with PyroGenesis Canada
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 PyroGenesis Canada 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 PyroGenesis Canada will appreciate offsetting losses from the drop in the long position's value.Moving together with PyroGenesis Stock
Moving against PyroGenesis Stock
The ability to find closely correlated positions to PyroGenesis Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PyroGenesis Canada 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 PyroGenesis Canada - 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 PyroGenesis Canada to buy it.
The correlation of PyroGenesis Canada 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 PyroGenesis Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Stock
PyroGenesis Canada financial ratios help investors to determine whether PyroGenesis 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 PyroGenesis with respect to the benefits of owning PyroGenesis Canada security.