Contango Total Assets from 2010 to 2024
| CTGO Stock | USD 21.35 0.88 4.30% |
Total Assets | First Reported 2010-06-30 | Previous Quarter 54.9 M | Current Value 58.6 M | Quarterly Volatility 14.2 M |
Check Contango ORE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Contango main balance sheet or income statement drivers, such as Selling General Administrative of 11.6 M, Other Operating Expenses of 21.3 M or Total Operating Expenses of 21.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Contango financial statements analysis is a perfect complement when working with Contango ORE Valuation or Volatility modules.
Contango | Total Assets |
Latest Contango ORE's Total Assets Growth Pattern
Below is the plot of the Total Assets of Contango ORE over the last few years. Total assets refers to the total amount of Contango ORE 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 Contango ORE 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. Contango ORE's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Contango ORE's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 25.66 M | 10 Years Trend |
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Total Assets |
| Timeline |
Contango Total Assets Regression Statistics
| Arithmetic Mean | 14,923,974 | |
| Geometric Mean | 8,766,781 | |
| Coefficient Of Variation | 89.03 | |
| Mean Deviation | 11,307,686 | |
| Median | 9,137,180 | |
| Standard Deviation | 13,286,824 | |
| Sample Variance | 176.5T | |
| Range | 36.1M | |
| R-Value | 0.75 | |
| Mean Square Error | 83.1T | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | 2,228,637 | |
| Total Sum of Squares | 2471.6T |
Contango Total Assets History
Other Fundumenentals of Contango ORE
Contango ORE Total Assets component correlations
Click cells to compare fundamentals
About Contango ORE Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Contango ORE income statement, its balance sheet, and the statement of cash flows. Contango ORE investors use historical funamental indicators, such as Contango ORE's Total Assets, to determine how well the company is positioned to perform in the future. Although Contango ORE investors may use each financial statement separately, they are all related. The changes in Contango ORE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Contango ORE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Contango ORE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Contango ORE. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 29.5 M | 31 M | |
| Intangibles To Total Assets | 0.00 | 0.00 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Contango ORE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Contango ORE's short interest history, or implied volatility extrapolated from Contango ORE options trading.
Pair Trading with Contango ORE
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 Contango ORE 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 Contango ORE will appreciate offsetting losses from the drop in the long position's value.Moving together with Contango Stock
| 0.66 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.68 | CE | Celanese Financial Report 14th of May 2024 | PairCorr |
| 0.78 | SA | Seabridge Gold Financial Report 20th of May 2024 | PairCorr |
Moving against Contango Stock
| 0.74 | X | United States Steel Earnings Call Tomorrow | PairCorr |
| 0.72 | ZKIN | ZK International | PairCorr |
The ability to find closely correlated positions to Contango ORE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Contango ORE 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 Contango ORE - 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 Contango ORE to buy it.
The correlation of Contango ORE 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 Contango ORE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Contango ORE 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 Contango ORE 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 Contango ORE Correlation against competitors. To learn how to invest in Contango Stock, please use our How to Invest in Contango ORE guide.Note that the Contango ORE information on this page should be used as a complementary analysis to other Contango ORE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Contango Stock analysis
When running Contango ORE's price analysis, check to measure Contango ORE's 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 Contango ORE is operating at the current time. Most of Contango ORE's value examination focuses on studying past and present price action to predict the probability of Contango ORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Contango ORE's price. Additionally, you may evaluate how the addition of Contango ORE to your portfolios can decrease your overall portfolio volatility.
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Is Contango ORE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Contango ORE. If investors know Contango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Contango ORE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.04) | Return On Assets (0.21) | Return On Equity (5.05) |
The market value of Contango ORE is measured differently than its book value, which is the value of Contango that is recorded on the company's balance sheet. Investors also form their own opinion of Contango ORE's value that differs from its market value or its book value, called intrinsic value, which is Contango ORE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Contango ORE's market value can be influenced by many factors that don't directly affect Contango ORE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Contango ORE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Contango ORE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Contango ORE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.