TRX Interest Income from 2010 to 2026
| TNX Stock | CAD 40.75 0.29 0.71% |
Interest Income | First Reported 2010-12-31 | Previous Quarter 2.5 M | Current Value 3.1 M | Quarterly Volatility 1.9 M |
Check TRX Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRX Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 M, Interest Expense of 2.1 M or Selling General Administrative of 9.1 M, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0 or PTB Ratio of 1.51. TRX financial statements analysis is a perfect complement when working with TRX Gold Valuation or Volatility modules.
TRX | Interest Income |
Evaluating TRX Gold's Interest Income 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 TRX Gold Corp's fundamental strength.
Latest TRX Gold's Interest Income Growth Pattern
Below is the plot of the Interest Income of TRX Gold Corp over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. TRX Gold's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TRX Gold's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
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Interest Income |
| Timeline |
TRX Interest Income Regression Statistics
| Arithmetic Mean | 2,057,135 | |
| Geometric Mean | 1,037,863 | |
| Coefficient Of Variation | 92.27 | |
| Mean Deviation | 1,372,906 | |
| Median | 2,175,000 | |
| Standard Deviation | 1,898,019 | |
| Sample Variance | 3.6T | |
| Range | 6.1M | |
| R-Value | 0.47 | |
| Mean Square Error | 3T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 175,755 | |
| Total Sum of Squares | 57.6T |
TRX Interest Income History
About TRX Gold Financial Statements
TRX Gold investors utilize fundamental indicators, such as Interest Income, to predict how TRX 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 | ||
| Interest Income | 2.5 M | 3.1 M | |
| Net Interest Income | -2 M | -2.1 M |
Pair Trading with TRX 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 TRX 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 TRX Gold will appreciate offsetting losses from the drop in the long position's value.Moving against TRX Stock
The ability to find closely correlated positions to TRX 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 TRX 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 TRX 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 TRX Gold Corp to buy it.
The correlation of TRX 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 TRX Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRX Gold 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 TRX 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.Other Information on Investing in TRX Stock
TRX Gold financial ratios help investors to determine whether TRX 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 TRX with respect to the benefits of owning TRX Gold security.