Commerce Total Assets from 2010 to 2026
| YCM Stock | CAD 8.41 0.05 0.60% |
Total Assets | First Reported 2008-05-31 | Previous Quarter 9.7 M | Current Value 11 M | Quarterly Volatility 24.1 M |
Check Commerce Split financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commerce Split's main balance sheet or income statement drivers, such as Selling General Administrative of 229.7 K, Other Operating Expenses of 181.1 K or Total Operating Expenses of 200.2 K, as well as many indicators such as Dividend Yield of 0.68, Ptb Ratio of 1.2 or Book Value Per Share of 0.6. Commerce financial statements analysis is a perfect complement when working with Commerce Split Valuation or Volatility modules.
Commerce | Total Assets |
Latest Commerce Split's Total Assets Growth Pattern
Below is the plot of the Total Assets of Commerce Split Corp over the last few years. Total assets refers to the total amount of Commerce Split assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Commerce Split Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Commerce Split's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Commerce Split's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 9.73 M | 10 Years Trend |
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Total Assets |
| Timeline |
Commerce Total Assets Regression Statistics
| Arithmetic Mean | 24,588,604 | |
| Geometric Mean | 17,535,002 | |
| Coefficient Of Variation | 128.06 | |
| Mean Deviation | 16,621,126 | |
| Median | 18,634,856 | |
| Standard Deviation | 31,488,340 | |
| Sample Variance | 991.5T | |
| Range | 133.9M | |
| R-Value | (0.62) | |
| Mean Square Error | 656.3T | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | (3,841,285) | |
| Total Sum of Squares | 15864.2T |
Commerce Total Assets History
About Commerce Split Financial Statements
Commerce Split investors utilize fundamental indicators, such as Total Assets, to predict how Commerce 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 Assets | 8.8 M | 8.3 M |
Pair Trading with Commerce Split
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 Commerce Split 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 Commerce Split will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Commerce Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Split 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 Commerce Split - 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 Commerce Split Corp to buy it.
The correlation of Commerce Split 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 Commerce Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Split 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 Commerce Split 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 Commerce Stock
Commerce Split financial ratios help investors to determine whether Commerce 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 Commerce with respect to the benefits of owning Commerce Split security.