Wallbridge Depreciation And Amortization from 2010 to 2026
| WM Stock | CAD 0.1 0.01 5.00% |
Depreciation And Amortization | First Reported 1998-03-31 | Previous Quarter 7.8 K | Current Value 8.6 K | Quarterly Volatility 245 K |
Check Wallbridge Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wallbridge Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.7 K, Interest Expense of 1.1 K or Selling General Administrative of 6.1 M, as well as many indicators such as Dividend Yield of 0.0, Ptb Ratio of 0.25 or Book Value Per Share of 0.32. Wallbridge financial statements analysis is a perfect complement when working with Wallbridge Mining Valuation or Volatility modules.
Wallbridge | Depreciation And Amortization |
Evaluating Wallbridge Mining's Depreciation And Amortization 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 Wallbridge Mining's fundamental strength.
Latest Wallbridge Mining's Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of Wallbridge Mining over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Wallbridge Mining's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wallbridge Mining's overall financial position and show how it may be relating to other accounts over time.
| Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
| Timeline |
Wallbridge Depreciation And Amortization Regression Statistics
| Arithmetic Mean | 444,718 | |
| Geometric Mean | 103,044 | |
| Coefficient Of Variation | 219.73 | |
| Mean Deviation | 604,011 | |
| Median | 129,196 | |
| Standard Deviation | 977,174 | |
| Sample Variance | 954.9B | |
| Range | 3.4M | |
| R-Value | (0.25) | |
| Mean Square Error | 952.7B | |
| R-Squared | 0.06 | |
| Significance | 0.32 | |
| Slope | (49,203) | |
| Total Sum of Squares | 15.3T |
Wallbridge Depreciation And Amortization History
About Wallbridge Mining Financial Statements
Wallbridge Mining investors utilize fundamental indicators, such as Depreciation And Amortization, to predict how Wallbridge 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 | ||
| Depreciation And Amortization | 36.6 K | 34.7 K |
Pair Trading with Wallbridge Mining
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 Wallbridge Mining 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 Wallbridge Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Wallbridge Stock
| 0.86 | AG | First Majestic Silver | PairCorr |
| 0.84 | IE | Ivanhoe Energy | PairCorr |
| 0.84 | ORE | Orezone Gold Corp | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
Moving against Wallbridge Stock
| 0.67 | GUD | Knight Therapeutics | PairCorr |
| 0.67 | AOV | Amotiv Limited | PairCorr |
| 0.64 | DRT | DIRTT Environmental | PairCorr |
The ability to find closely correlated positions to Wallbridge Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wallbridge Mining 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 Wallbridge Mining - 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 Wallbridge Mining to buy it.
The correlation of Wallbridge Mining 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 Wallbridge Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wallbridge Mining 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 Wallbridge Mining 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 Wallbridge Stock
Wallbridge Mining financial ratios help investors to determine whether Wallbridge 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 Wallbridge with respect to the benefits of owning Wallbridge Mining security.