Strathcona Ev To Operating Cash Flow from 2010 to 2026
| SCR Stock | CAD 27.94 0.02 0.07% |
EV To Operating Cash Flow | First Reported 2010-12-31 | Previous Quarter 4.32 | Current Value 4.53 | Quarterly Volatility 288.15036936 |
Check Strathcona Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Strathcona Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 785.1 M, Interest Expense of 215.5 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0173 or PTB Ratio of 1.27. Strathcona financial statements analysis is a perfect complement when working with Strathcona Resources Valuation or Volatility modules.
Strathcona | Ev To Operating Cash Flow |
Evaluating Strathcona Resources's Ev To Operating Cash Flow 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 Strathcona Resources's fundamental strength.
Latest Strathcona Resources' Ev To Operating Cash Flow Growth Pattern
Below is the plot of the Ev To Operating Cash Flow of Strathcona Resources over the last few years. It is a valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows. Strathcona Resources' EV To Operating Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Strathcona Resources' overall financial position and show how it may be relating to other accounts over time.
| Ev To Operating Cash Flow | 10 Years Trend |
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Ev To Operating Cash Flow |
| Timeline |
Strathcona Ev To Operating Cash Flow Regression Statistics
| Arithmetic Mean | (181.39) | |
| Coefficient Of Variation | (158.86) | |
| Mean Deviation | 250.59 | |
| Median | 4.32 | |
| Standard Deviation | 288.15 | |
| Sample Variance | 83,031 | |
| Range | 981 | |
| R-Value | 0.77 | |
| Mean Square Error | 36,459 | |
| R-Squared | 0.59 | |
| Significance | 0.0003 | |
| Slope | 43.77 | |
| Total Sum of Squares | 1.3M |
Strathcona Ev To Operating Cash Flow History
About Strathcona Resources Financial Statements
Strathcona Resources investors utilize fundamental indicators, such as Ev To Operating Cash Flow, to predict how Strathcona 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 | ||
| EV To Operating Cash Flow | 4.32 | 4.53 |
Pair Trading with Strathcona Resources
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 Strathcona Resources 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 Strathcona Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Strathcona Stock
Moving against Strathcona Stock
| 0.96 | LIRC | Lithium Royalty Corp | PairCorr |
| 0.92 | DNG | Dynacor Gold Mines | PairCorr |
| 0.92 | BCE-PT | Bce Inc Pref | PairCorr |
| 0.92 | INO-UN | Inovalis Real Estate | PairCorr |
| 0.8 | GPCC-P | Green Panda Capital | PairCorr |
The ability to find closely correlated positions to Strathcona Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strathcona Resources 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 Strathcona Resources - 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 Strathcona Resources to buy it.
The correlation of Strathcona Resources 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 Strathcona Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strathcona Resources 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 Strathcona Resources 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 Strathcona Stock
Strathcona Resources financial ratios help investors to determine whether Strathcona 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 Strathcona with respect to the benefits of owning Strathcona Resources security.