Champion Total Current Assets from 2010 to 2026
| CIA Stock | CAD 5.15 0.19 3.56% |
Total Current Assets | First Reported 2012-09-30 | Previous Quarter 881.7 M | Current Value 827 M | Quarterly Volatility 336.1 M |
Check Champion Iron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Champion Iron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 179.4 M, Interest Expense of 39.2 M or Selling General Administrative of 66.8 M, as well as many indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0212 or PTB Ratio of 1.72. Champion financial statements analysis is a perfect complement when working with Champion Iron Valuation or Volatility modules.
Champion | Total Current Assets |
Evaluating Champion Iron's Total Current 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 Champion Iron's fundamental strength.
Latest Champion Iron's Total Current Assets Growth Pattern
Below is the plot of the Total Current Assets of Champion Iron over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Champion Iron's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Champion Iron's overall financial position and show how it may be relating to other accounts over time.
| Total Current Assets | 10 Years Trend |
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Total Current Assets |
| Timeline |
Champion Total Current Assets Regression Statistics
| Arithmetic Mean | 377,202,389 | |
| Geometric Mean | 102,854,348 | |
| Coefficient Of Variation | 99.32 | |
| Mean Deviation | 339,324,698 | |
| Median | 314,683,000 | |
| Standard Deviation | 374,637,098 | |
| Sample Variance | 140353T | |
| Range | 896M | |
| R-Value | 0.93 | |
| Mean Square Error | 20321.4T | |
| R-Squared | 0.86 | |
| Slope | 68,970,475 | |
| Total Sum of Squares | 2245647.3T |
Champion Total Current Assets History
About Champion Iron Financial Statements
Champion Iron investors utilize fundamental indicators, such as Total Current Assets, to predict how Champion 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 Current Assets | 842.2 M | 884.3 M |
Pair Trading with Champion Iron
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 Champion Iron 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 Champion Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with Champion Stock
| 0.72 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
| 0.81 | IE | Ivanhoe Energy | PairCorr |
| 0.66 | FDY | Faraday Copper Corp | PairCorr |
Moving against Champion Stock
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.65 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.57 | AAPL | Apple CDR | PairCorr |
| 0.57 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Champion Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champion Iron 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 Champion Iron - 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 Champion Iron to buy it.
The correlation of Champion Iron 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 Champion Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Iron 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 Champion Iron 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 Champion Stock
Champion Iron financial ratios help investors to determine whether Champion 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 Champion with respect to the benefits of owning Champion Iron security.