Starcore Current Deferred Revenue from 2010 to 2026

SAM Stock  CAD 1.24  0.10  8.77%   
Starcore International Current Deferred Revenue yearly trend continues to be very stable with very little volatility. Current Deferred Revenue is likely to grow to about 29 K this year. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2000-07-31
Previous Quarter
1
Current Value
24 K
Quarterly Volatility
965.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Starcore International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Starcore International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 41.9 K or Selling And Marketing Expenses of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.13 or PTB Ratio of 0.36. Starcore financial statements analysis is a perfect complement when working with Starcore International Valuation or Volatility modules.
  
This module can also supplement various Starcore International Technical models . Check out the analysis of Starcore International Correlation against competitors.
Evaluating Starcore International's Current Deferred Revenue 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 Starcore International Mines's fundamental strength.

Latest Starcore International's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Starcore International Mines over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Starcore International's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Starcore International's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Starcore Current Deferred Revenue Regression Statistics

Arithmetic Mean(990,512)
Geometric Mean204,527
Coefficient Of Variation(112.95)
Mean Deviation1,042,167
Median(332,000)
Standard Deviation1,118,819
Sample Variance1.3T
Range2.5M
R-Value0.83
Mean Square Error419.1B
R-Squared0.69
Significance0.00004
Slope183,520
Total Sum of Squares20T

Starcore Current Deferred Revenue History

202629 K
202527.6 K
202224 K
2021 -279.0
2020-639 K
2019-332 K

About Starcore International Financial Statements

Starcore International investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Starcore 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 ReportedProjected for Next Year
Current Deferred Revenue27.6 K29 K

Pair Trading with Starcore International

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 Starcore International 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 Starcore International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Starcore Stock

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Moving against Starcore Stock

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The ability to find closely correlated positions to Starcore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Starcore International 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 Starcore International - 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 Starcore International Mines to buy it.
The correlation of Starcore International 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 Starcore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Starcore International 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 Starcore International 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Starcore Stock

Starcore International financial ratios help investors to determine whether Starcore 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 Starcore with respect to the benefits of owning Starcore International security.