Uranium Total Revenue from 2010 to 2026
| URC Stock | 6.14 0.10 1.66% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 17.9 M | Current Value 13.2 M | Quarterly Volatility 11.5 M |
Check Uranium Royalty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Uranium Royalty's main balance sheet or income statement drivers, such as Other Operating Expenses of 24.6 M, Total Operating Expenses of 3.8 M or Interest Expense of 372.8 K, as well as many indicators such as Price To Sales Ratio of 12.34, Dividend Yield of 0.0 or PTB Ratio of 1.17. Uranium financial statements analysis is a perfect complement when working with Uranium Royalty Valuation or Volatility modules.
Uranium | Total Revenue |
Latest Uranium Royalty's Total Revenue Growth Pattern
Below is the plot of the Total Revenue of Uranium Royalty Corp over the last few years. Total revenue comprises all receipts Uranium Royalty Corp generated from the sale of its products or services. It is the total amount of income generated by the sale of goods or services related to the company's primary operations. Uranium Royalty's Total Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Uranium Royalty's overall financial position and show how it may be relating to other accounts over time.
| Total Revenue | 10 Years Trend |
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Total Revenue |
| Timeline |
Uranium Total Revenue Regression Statistics
| Arithmetic Mean | 6,077,510 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 189.74 | |
| Mean Deviation | 8,580,014 | |
| Median | 0.00 | |
| Standard Deviation | 11,531,625 | |
| Sample Variance | 133T | |
| Range | 42.7M | |
| R-Value | 0.64 | |
| Mean Square Error | 84.2T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 1,455,596 | |
| Total Sum of Squares | 2127.7T |
Uranium Total Revenue History
About Uranium Royalty Financial Statements
Uranium Royalty investors utilize fundamental indicators, such as Total Revenue, to predict how Uranium 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 Revenue | 17.9 M | 13.2 M |
Pair Trading with Uranium Royalty
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 Uranium Royalty 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 Uranium Royalty will appreciate offsetting losses from the drop in the long position's value.Moving against Uranium Stock
The ability to find closely correlated positions to Uranium Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uranium Royalty 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 Uranium Royalty - 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 Uranium Royalty Corp to buy it.
The correlation of Uranium Royalty 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 Uranium Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uranium Royalty 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 Uranium Royalty 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 Uranium Royalty Correlation against competitors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.