MTY Other Non Cash Items from 2010 to 2024

MTY Stock  CAD 46.44  0.27  0.58%   
MTY Food Other Non Cash Items yearly trend continues to be very stable with very little volatility. Other Non Cash Items is likely to drop to about 3 M. During the period from 2010 to 2024, MTY Food Other Non Cash Items quarterly data regression pattern had range of 148.2 M and standard deviation of  32,913,866. View All Fundamentals
 
Other Non Cash Items  
First Reported
1997-11-30
Previous Quarter
-7.6 M
Current Value
6.4 M
Quarterly Volatility
12.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MTY Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MTY Food's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.1 M, Interest Expense of 76.7 M or Selling General Administrative of 34.8 M, as well as many indicators such as Price To Sales Ratio of 0.92, Dividend Yield of 0.0183 or PTB Ratio of 2.04. MTY financial statements analysis is a perfect complement when working with MTY Food Valuation or Volatility modules.
  
This module can also supplement various MTY Food Technical models . Check out the analysis of MTY Food Correlation against competitors.

Pair Trading with MTY Food

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 MTY Food 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 MTY Food will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to MTY Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MTY Food 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 MTY Food - 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 MTY Food Group to buy it.
The correlation of MTY Food 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 MTY Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MTY Food Group 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 MTY Food 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

Other Information on Investing in MTY Stock

MTY Food financial ratios help investors to determine whether MTY 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 MTY with respect to the benefits of owning MTY Food security.