Canadian Long Term Investments from 2010 to 2024

CSIQ Stock  USD 12.76  0.33  2.65%   
Canadian Solar Long Term Investments yearly trend continues to be relatively stable with very little volatility. Long Term Investments are likely to drop to about 185.1 M. During the period from 2010 to 2024, Canadian Solar Long Term Investments destribution of quarterly values had range of 380.1 M from its regression line and mean deviation of  91,891,417. View All Fundamentals
 
Long Term Investments  
First Reported
2013-12-31
Previous Quarter
237.5 M
Current Value
227.7 M
Quarterly Volatility
134.4 M
 
Yuan Drop
 
Covid
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Solar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 322.4 M, Interest Expense of 119.8 M or Selling General Administrative of 318.8 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 9.0E-4 or PTB Ratio of 0.64. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
  
Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

Latest Canadian Solar's Long Term Investments Growth Pattern

Below is the plot of the Long Term Investments of Canadian Solar over the last few years. Long Term Investments is an item on the asset side of Canadian Solar balance sheet that represents investments Canadian Solar intends to hold for over a year. Canadian Solar long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Canadian Solar's Long Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
Long Term Investments10 Years Trend
Slightly volatile
   Long Term Investments   
       Timeline  

Canadian Long Term Investments Regression Statistics

Arithmetic Mean142,586,620
Geometric Mean100,826,057
Coefficient Of Variation84.35
Mean Deviation91,891,417
Median115,784,000
Standard Deviation120,270,716
Sample Variance14465T
Range380.1M
R-Value0.37
Mean Square Error13500.6T
R-Squared0.13
Significance0.18
Slope9,820,206
Total Sum of Squares202510.6T

Canadian Long Term Investments History

2024185.1 M
2023236.9 M
2022115.8 M
202198.8 M
202078.3 M
2019152.8 M
2018126.1 M

About Canadian Solar Financial Statements

Canadian Solar shareholders use historical fundamental indicators, such as Long Term Investments, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Long Term Investments236.9 M185.1 M

Pair Trading with Canadian Solar

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 Canadian Solar 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 Canadian Solar will appreciate offsetting losses from the drop in the long position's value.

Moving against Canadian Stock

  0.47KSCP KnightscopePairCorr
  0.39EBON Ebang InternationalPairCorr
The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar 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 Canadian Solar - 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 Canadian Solar to buy it.
The correlation of Canadian Solar 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 Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar 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 Canadian Solar 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.
Pair CorrelationCorrelation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian Solar'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 Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.