Canuc End Period Cash Flow from 2010 to 2024
| CDA Stock | CAD 0.11 0.01 10.00% |
End Period Cash Flow | First Reported 2010-12-31 | Previous Quarter 947.6 K | Current Value 595.6 K | Quarterly Volatility 381.9 K |
Check Canuc Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canuc main balance sheet or income statement drivers, such as Interest Expense of 380, Total Revenue of 155 K or Gross Profit of 74.1 K, as well as many exotic indicators such as . Canuc financial statements analysis is a perfect complement when working with Canuc Resources Valuation or Volatility modules.
Canuc | End Period Cash Flow |
Pair Trading with Canuc Resources
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 Canuc Resources 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 Canuc Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Canuc Stock
| 0.41 | ELF | E L Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Canuc Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canuc Resources 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 Canuc Resources - 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 Canuc Resources Corp to buy it.
The correlation of Canuc Resources 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 Canuc Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canuc Resources 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 Canuc Resources 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 Canuc Resources Correlation against competitors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Canuc Stock analysis
When running Canuc Resources' price analysis, check to measure Canuc Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canuc Resources is operating at the current time. Most of Canuc Resources' value examination focuses on studying past and present price action to predict the probability of Canuc Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canuc Resources' price. Additionally, you may evaluate how the addition of Canuc Resources to your portfolios can decrease your overall portfolio volatility.
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