Pollard Debt To Assets from 2010 to 2026
| PBL Stock | CAD 19.25 0.03 0.16% |
Debt To Assets | First Reported 2010-12-31 | Previous Quarter 0.3 | Current Value 0.48 | Quarterly Volatility 0.13000601 |
Check Pollard Banknote financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pollard Banknote's main balance sheet or income statement drivers, such as Interest Expense of 12.4 M, Selling General Administrative of 78.4 M or Total Revenue of 672.7 M, as well as many indicators such as Price To Sales Ratio of 1.27, Dividend Yield of 0.0086 or PTB Ratio of 1.8. Pollard financial statements analysis is a perfect complement when working with Pollard Banknote Valuation or Volatility modules.
Pollard | Debt To Assets |
Evaluating Pollard Banknote's Debt To 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 Pollard Banknote Limited's fundamental strength.
Latest Pollard Banknote's Debt To Assets Growth Pattern
Below is the plot of the Debt To Assets of Pollard Banknote Limited over the last few years. It is Pollard Banknote's Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pollard Banknote's overall financial position and show how it may be relating to other accounts over time.
| Debt To Assets | 10 Years Trend |
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Debt To Assets |
| Timeline |
Pollard Debt To Assets Regression Statistics
| Arithmetic Mean | 0.43 | |
| Geometric Mean | 0.41 | |
| Coefficient Of Variation | 30.32 | |
| Mean Deviation | 0.10 | |
| Median | 0.44 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.456 | |
| R-Value | (0.83) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.69 | |
| Significance | 0.00004 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.27 |
Pollard Debt To Assets History
About Pollard Banknote Financial Statements
Pollard Banknote investors utilize fundamental indicators, such as Debt To Assets, to predict how Pollard 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 | ||
| Debt To Assets | 0.30 | 0.48 |
Pair Trading with Pollard Banknote
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 Pollard Banknote 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 Pollard Banknote will appreciate offsetting losses from the drop in the long position's value.Moving against Pollard Stock
| 0.42 | CNQ | Canadian Natural Res Earnings Call This Week | PairCorr |
| 0.41 | GKO | Geekco Technologies Corp | PairCorr |
| 0.39 | VCM | Vecima Networks | PairCorr |
| 0.35 | DE | Decisive Dividend Corp | PairCorr |
| 0.33 | VTX | Vertex Resource Group | PairCorr |
The ability to find closely correlated positions to Pollard Banknote could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pollard Banknote 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 Pollard Banknote - 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 Pollard Banknote Limited to buy it.
The correlation of Pollard Banknote 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 Pollard Banknote moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pollard Banknote 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 Pollard Banknote 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 Pollard Stock
Pollard Banknote financial ratios help investors to determine whether Pollard 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 Pollard with respect to the benefits of owning Pollard Banknote security.