Olympia Change In Cash from 2010 to 2026
| OLY Stock | CAD 114.75 0.20 0.17% |
Change In Cash | First Reported 2002-09-30 | Previous Quarter -3.5 M | Current Value -11.2 M | Quarterly Volatility 4.7 M |
Check Olympia Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympia Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 M, Interest Expense of 25.2 K or Selling General Administrative of 12.9 M, as well as many indicators such as Price To Sales Ratio of 2.77, Dividend Yield of 0.0509 or PTB Ratio of 6.75. Olympia financial statements analysis is a perfect complement when working with Olympia Financial Valuation or Volatility modules.
Olympia | Change In Cash |
Latest Olympia Financial's Change In Cash Growth Pattern
Below is the plot of the Change In Cash of Olympia Financial Group over the last few years. It is Olympia Financial's Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympia Financial's overall financial position and show how it may be relating to other accounts over time.
| Change In Cash | 10 Years Trend |
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Change In Cash |
| Timeline |
Olympia Change In Cash Regression Statistics
| Arithmetic Mean | 967,282 | |
| Geometric Mean | 2,540,226 | |
| Coefficient Of Variation | 532.83 | |
| Mean Deviation | 3,365,177 | |
| Median | 1,752,103 | |
| Standard Deviation | 5,154,001 | |
| Sample Variance | 26.6T | |
| Range | 24.5M | |
| R-Value | 0.04 | |
| Mean Square Error | 28.3T | |
| R-Squared | 0 | |
| Significance | 0.88 | |
| Slope | 39,393 | |
| Total Sum of Squares | 425T |
Olympia Change In Cash History
About Olympia Financial Financial Statements
Olympia Financial investors utilize fundamental indicators, such as Change In Cash, to predict how Olympia 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 | ||
| Change In Cash | 1.8 M | 1.8 M |
Pair Trading with Olympia Financial
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 Olympia Financial 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 Olympia Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial 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 Olympia Financial - 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 Olympia Financial Group to buy it.
The correlation of Olympia Financial 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 Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial 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 Olympia Financial 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 Olympia Stock
Olympia Financial financial ratios help investors to determine whether Olympia 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 Olympia with respect to the benefits of owning Olympia Financial security.