Open Days Of Inventory On Hand from 2010 to 2026
| OTEX Stock | CAD 32.59 -1.12 -3.32% |
Days Of Inventory On Hand | First Reported 2010-12-31 | Previous Quarter 1.73 | Current Value 1.54 | Quarterly Volatility 0.10038413 |
Macro event markers
Financial statement trends for Open Text provide structured context on operating performance and capital structure. The series highlights drivers like Interest Expense of 455.7 M, Total Revenue of 6.2 B or Gross Profit of 4.5 B and ratios such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0334 or PTB Ratio of 3.09, complementing Open Text Valuation and Volatility.
Open | Days Of Inventory On Hand |
Pair Trading with Open Text
Pair trading with Open Text can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Moving against Open Stock
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| 0.87 | EMR | Emergent Metals Corp | PairCorr |
| 0.87 | GR | Great Atlantic Resources | PairCorr |
Sophisticated investors use correlation analysis to build Open Text replacement strategies that go beyond simple sector matching. Assets with similar factor exposures to Open Text Corp provide the most accurate portfolio substitution during tax-loss harvesting periods.
Statistical correlation between Open Text and its peers is an essential input for mean-variance portfolio optimization. Lower correlation of Open Text Corp with other holdings allows for a more efficient frontier with superior risk-adjusted returns.
Correlation analysis and pair evaluation for Open Text can support hedging context. This approach is commonly reviewed within sectors and across broader groups.More Resources for Open Stock Analysis
A comprehensive view of Open Text Corp starts with financial statements and ratio context. Ratios and trend metrics help frame Open Text's operating context. Highlighted below are reports that provide context for Open Text Corp Stock:Open Text Correlation provides competitor comparison context for Open Text. This supports competitive context. Analysis related to Open Text should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.