Trilogy Return On Equity from 2010 to 2024
| TMQ Stock | USD 1.32 0.01 0.75% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.1) | Current Value (0.10) | Quarterly Volatility 0.72342993 |
Check Trilogy Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trilogy Metals' main balance sheet or income statement drivers, such as Interest Expense of 8.4 M, Selling General Administrative of 1.7 M or Other Operating Expenses of 11.4 M, as well as many indicators such as Price To Sales Ratio of 8.5, Dividend Yield of 0.0 or PTB Ratio of 0.51. Trilogy financial statements analysis is a perfect complement when working with Trilogy Metals Valuation or Volatility modules.
Trilogy | Return On Equity |
Latest Trilogy Metals' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Trilogy Metals over the last few years. Return on Equity is the amount of Trilogy Metals net income returned as a percentage of Trilogy Metals equity. Return on equity measures Trilogy Metals profitability by revealing how much profit Trilogy Metals generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Trilogy Metals' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trilogy Metals' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.0729 | 10 Years Trend |
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Return On Equity |
| Timeline |
Trilogy Return On Equity Regression Statistics
| Arithmetic Mean | (0.32) | |
| Geometric Mean | 0.35 | |
| Coefficient Of Variation | (228.68) | |
| Mean Deviation | 0.45 | |
| Median | (0.27) | |
| Standard Deviation | 0.72 | |
| Sample Variance | 0.52 | |
| Range | 3.336 | |
| R-Value | 0.33 | |
| Mean Square Error | 0.50 | |
| R-Squared | 0.11 | |
| Significance | 0.22 | |
| Slope | 0.05 | |
| Total Sum of Squares | 7.33 |
Trilogy Return On Equity History
About Trilogy Metals Financial Statements
Trilogy Metals shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Trilogy Metals investors may analyze each financial statement separately, they are all interrelated. The changes in Trilogy Metals' assets and liabilities, for example, are also reflected in the revenues and expenses on on Trilogy Metals' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.10) | (0.10) |
Pair Trading with Trilogy Metals
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 Trilogy Metals 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 Trilogy Metals will appreciate offsetting losses from the drop in the long position's value.Moving against Trilogy Stock
| 0.71 | NB | NioCorp Developments | PairCorr |
| 0.68 | NMG | Nouveau Monde Graphite | PairCorr |
| 0.65 | ELBM | Electra Battery Materials | PairCorr |
| 0.51 | VALE | Vale SA ADR | PairCorr |
| 0.41 | VZLA | Vizsla Resources Corp | PairCorr |
The ability to find closely correlated positions to Trilogy Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trilogy Metals 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 Trilogy Metals - 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 Trilogy Metals to buy it.
The correlation of Trilogy Metals 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 Trilogy Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trilogy Metals 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 Trilogy Metals 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.Additional Tools for Trilogy Stock Analysis
When running Trilogy Metals' price analysis, check to measure Trilogy Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trilogy Metals is operating at the current time. Most of Trilogy Metals' value examination focuses on studying past and present price action to predict the probability of Trilogy Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trilogy Metals' price. Additionally, you may evaluate how the addition of Trilogy Metals to your portfolios can decrease your overall portfolio volatility.