Goldenstone Debt Equity Ratio from 2010 to 2024
| GDSTR Stock | USD 0.15 0.00 0.00% |
Debt Equity Ratio | First Reported 2010-12-31 | Previous Quarter 0.0352526 | Current Value 0.0335 | Quarterly Volatility 1.35793273 |
Check Goldenstone Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldenstone Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Other Operating Expenses of 533.7 K or EBITDA of 2.3 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.48. Goldenstone financial statements analysis is a perfect complement when working with Goldenstone Acquisition Valuation or Volatility modules.
Goldenstone | Debt Equity Ratio |
Latest Goldenstone Acquisition's Debt Equity Ratio Growth Pattern
Below is the plot of the Debt Equity Ratio of Goldenstone Acquisition Limited over the last few years. It is Goldenstone Acquisition's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goldenstone Acquisition's overall financial position and show how it may be relating to other accounts over time.
| Debt Equity Ratio | 10 Years Trend |
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Debt Equity Ratio |
| Timeline |
Goldenstone Debt Equity Ratio Regression Statistics
| Arithmetic Mean | 2.20 | |
| Geometric Mean | 0.71 | |
| Coefficient Of Variation | 61.85 | |
| Mean Deviation | 1.16 | |
| Median | 2.99 | |
| Standard Deviation | 1.36 | |
| Sample Variance | 1.84 | |
| Range | 2.981 | |
| R-Value | (0.77) | |
| Mean Square Error | 0.82 | |
| R-Squared | 0.59 | |
| Significance | 0.0008 | |
| Slope | (0.23) | |
| Total Sum of Squares | 25.82 |
Goldenstone Debt Equity Ratio History
About Goldenstone Acquisition Financial Statements
Goldenstone Acquisition shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Goldenstone Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Goldenstone Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goldenstone Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Equity Ratio | 0.04 | 0.03 |
Pair Trading with Goldenstone Acquisition
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 Goldenstone Acquisition 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 Goldenstone Acquisition will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Goldenstone Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Goldenstone Acquisition 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 Goldenstone Acquisition - 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 Goldenstone Acquisition Limited to buy it.
The correlation of Goldenstone Acquisition 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 Goldenstone Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Goldenstone Acquisition 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 Goldenstone Acquisition 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.Additional Tools for Goldenstone Stock Analysis
When running Goldenstone Acquisition's price analysis, check to measure Goldenstone Acquisition'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 Goldenstone Acquisition is operating at the current time. Most of Goldenstone Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenstone Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenstone Acquisition's price. Additionally, you may evaluate how the addition of Goldenstone Acquisition to your portfolios can decrease your overall portfolio volatility.