Roots Cash Conversion Cycle from 2010 to 2026
| ROOT Stock | CAD 3.10 0.03 0.98% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 64.67 | Current Value 80.83 | Quarterly Volatility 82.00966145 |
Check Roots Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roots Corp's main balance sheet or income statement drivers, such as Interest Income of 8 M, Depreciation And Amortization of 25.3 M or Interest Expense of 8.8 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0385 or PTB Ratio of 1.21. Roots financial statements analysis is a perfect complement when working with Roots Corp Valuation or Volatility modules.
Roots | Cash Conversion Cycle |
Evaluating Roots Corp'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 Roots Corp's fundamental strength.
Latest Roots Corp's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Roots Corp over the last few years. It is Roots Corp's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Roots Corp'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 |
Roots Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 117.97 | |
| Geometric Mean | 94.28 | |
| Coefficient Of Variation | 69.52 | |
| Mean Deviation | 75.59 | |
| Median | 64.67 | |
| Standard Deviation | 82.01 | |
| Sample Variance | 6,726 | |
| Range | 179 | |
| R-Value | (0.81) | |
| Mean Square Error | 2,517 | |
| R-Squared | 0.65 | |
| Significance | 0.000095 | |
| Slope | (13.08) | |
| Total Sum of Squares | 107,609 |
Roots Cash Conversion Cycle History
About Roots Corp Financial Statements
Roots Corp investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Roots 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 | 64.67 | 80.83 |
Pair Trading with Roots Corp
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 Roots Corp 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 Roots Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Roots Stock
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| 0.59 | DNG | Dynacor Gold Mines | PairCorr |
| 0.58 | CYBN | Cybin Inc | PairCorr |
| 0.57 | LIRC | Lithium Royalty Corp | PairCorr |
The ability to find closely correlated positions to Roots Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roots Corp 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 Roots Corp - 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 Roots Corp to buy it.
The correlation of Roots Corp 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 Roots Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roots 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 Roots Corp 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 Roots Stock
Roots Corp financial ratios help investors to determine whether Roots 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 Roots with respect to the benefits of owning Roots Corp security.