George Return On Assets from 2010 to 2026
| WN Stock | CAD 102.43 0.55 0.53% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.0304 | Current Value 0.0322 | Quarterly Volatility 0.01067946 |
Check George Weston financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among George Weston's main balance sheet or income statement drivers, such as Depreciation And Amortization of 972 M, Interest Expense of 1.2 B or Total Revenue of 39.3 B, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0563 or PTB Ratio of 1.49. George financial statements analysis is a perfect complement when working with George Weston Valuation or Volatility modules.
George | Return On Assets |
Evaluating George Weston's Return On Assets 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 George Weston Limited's fundamental strength.
Latest George Weston's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of George Weston Limited over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. George Weston's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in George Weston's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
George Return On Assets Regression Statistics
| Arithmetic Mean | 0.02 | |
| Geometric Mean | 0.02 | |
| Coefficient Of Variation | 49.20 | |
| Mean Deviation | 0.01 | |
| Median | 0.02 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0001 | |
| Range | 0.0337 | |
| R-Value | 0.17 | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | 0.0004 | |
| Total Sum of Squares | 0 |
George Return On Assets History
About George Weston Financial Statements
George Weston investors utilize fundamental indicators, such as Return On Assets, to predict how George 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 | ||
| Return On Assets | 0.03 | 0.03 |
Pair Trading with George Weston
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 George Weston 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 George Weston will appreciate offsetting losses from the drop in the long position's value.Moving against George Stock
| 0.86 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.86 | MSFT | Microsoft CDR | PairCorr |
| 0.57 | AMZN | Amazon CDR | PairCorr |
| 0.57 | AMZN | Amazon CDR | PairCorr |
| 0.32 | NVDA | NVIDIA CDR | PairCorr |
The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston 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 George Weston - 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 George Weston Limited to buy it.
The correlation of George Weston 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 George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Limited 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 George Weston 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 George Stock
George Weston financial ratios help investors to determine whether George 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 George with respect to the benefits of owning George Weston security.