Tidewater Total Operating Expenses from 2010 to 2026
| TWM Stock | CAD 7.70 0.07 0.90% |
Total Operating Expenses | First Reported 2015-03-31 | Previous Quarter 4.6 M | Current Value 8.3 M | Quarterly Volatility 6.1 M |
Check Tidewater Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tidewater Midstream's main balance sheet or income statement drivers, such as Interest Income of 87.8 M, Depreciation And Amortization of 66.9 M or Interest Expense of 47.3 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0012 or PTB Ratio of 4.84. Tidewater financial statements analysis is a perfect complement when working with Tidewater Midstream Valuation or Volatility modules.
Tidewater | Total Operating Expenses |
Evaluating Tidewater Midstream's Total Operating Expenses 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 Tidewater Midstream and's fundamental strength.
Latest Tidewater Midstream's Total Operating Expenses Growth Pattern
Below is the plot of the Total Operating Expenses of Tidewater Midstream and over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Tidewater Midstream's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tidewater Midstream's overall financial position and show how it may be relating to other accounts over time.
| Total Operating Expenses | 10 Years Trend |
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Total Operating Expenses |
| Timeline |
Tidewater Total Operating Expenses Regression Statistics
| Arithmetic Mean | 23,254,672 | |
| Geometric Mean | 14,431,315 | |
| Coefficient Of Variation | 85.89 | |
| Mean Deviation | 16,482,477 | |
| Median | 17,288,000 | |
| Standard Deviation | 19,974,021 | |
| Sample Variance | 399T | |
| Range | 61.4M | |
| R-Value | 0.88 | |
| Mean Square Error | 96.5T | |
| R-Squared | 0.77 | |
| Slope | 3,478,001 | |
| Total Sum of Squares | 6383.4T |
Tidewater Total Operating Expenses History
About Tidewater Midstream Financial Statements
Tidewater Midstream investors utilize fundamental indicators, such as Total Operating Expenses, to predict how Tidewater 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 | ||
| Total Operating Expenses | 51.2 M | 32.2 M |
Pair Trading with Tidewater Midstream
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 Tidewater Midstream 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 Tidewater Midstream will appreciate offsetting losses from the drop in the long position's value.Moving together with Tidewater Stock
| 0.76 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.68 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.86 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.64 | ENS | E Split Corp | PairCorr |
Moving against Tidewater Stock
| 0.7 | SAGE | Sage Potash Corp | PairCorr |
| 0.65 | ENS-PA | E Split Corp | PairCorr |
| 0.47 | PVF-UN | Partners Value Inves | PairCorr |
The ability to find closely correlated positions to Tidewater Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tidewater Midstream 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 Tidewater Midstream - 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 Tidewater Midstream and to buy it.
The correlation of Tidewater Midstream 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 Tidewater Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tidewater Midstream and 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 Tidewater Midstream 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 Tidewater Stock
Tidewater Midstream financial ratios help investors to determine whether Tidewater 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 Tidewater with respect to the benefits of owning Tidewater Midstream security.