Seabridge Roic from 2010 to 2026
| SEA Stock | CAD 45.33 0.63 1.41% |
ROIC | First Reported 2010-12-31 | Previous Quarter (0.01) | Current Value (0.01) | Quarterly Volatility 0.04377203 |
Check Seabridge Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seabridge Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 225.4 K, Interest Expense of 487.7 K or Selling General Administrative of 8.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.89. Seabridge financial statements analysis is a perfect complement when working with Seabridge Gold Valuation or Volatility modules.
Seabridge | Roic |
Evaluating Seabridge Gold's Roic 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 Seabridge Gold's fundamental strength.
Latest Seabridge Gold's Roic Growth Pattern
Below is the plot of the Roic of Seabridge Gold over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Seabridge Gold's ROIC historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seabridge Gold's overall financial position and show how it may be relating to other accounts over time.
| Roic | 10 Years Trend |
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Roic |
| Timeline |
Seabridge Roic Regression Statistics
| Arithmetic Mean | (0.02) | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | (236.47) | |
| Mean Deviation | 0.02 | |
| Median | (0.02) | |
| Standard Deviation | 0.04 | |
| Sample Variance | 0 | |
| Range | 0.2203 | |
| R-Value | 0.43 | |
| Mean Square Error | 0 | |
| R-Squared | 0.19 | |
| Significance | 0.08 | |
| Slope | 0 | |
| Total Sum of Squares | 0.03 |
Seabridge Roic History
About Seabridge Gold Financial Statements
Seabridge Gold investors utilize fundamental indicators, such as Roic, to predict how Seabridge 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 | ||
| ROIC | (0.01) | (0.01) |
Pair Trading with Seabridge Gold
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 Seabridge Gold 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 Seabridge Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Seabridge Stock
| 0.85 | AG | First Majestic Silver Earnings Call Today | PairCorr |
| 0.79 | IE | Ivanhoe Energy Earnings Call This Week | PairCorr |
| 0.73 | ORE | Orezone Gold Corp | PairCorr |
| 0.75 | FDY | Faraday Copper Corp | PairCorr |
Moving against Seabridge Stock
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.55 | AAPL | Apple CDR | PairCorr |
| 0.55 | AAPL | Apple Inc CDR | PairCorr |
| 0.39 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to Seabridge Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seabridge Gold 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 Seabridge Gold - 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 Seabridge Gold to buy it.
The correlation of Seabridge Gold 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 Seabridge Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seabridge Gold 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 Seabridge Gold 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.Check out the analysis of Seabridge Gold Correlation against competitors. To learn how to invest in Seabridge Stock, please use our How to Invest in Seabridge Gold guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.