Slate Income Tax Expense from 2010 to 2024

SGR-UN Stock  CAD 14.89  0.18  1.22%   
Slate Grocery's Income Tax Expense is increasing over the years with stable fluctuation. Income Tax Expense is expected to dwindle to about 1.2 M. From 2010 to 2024 Slate Grocery Income Tax Expense quarterly data regression line had arithmetic mean of  9,540,549 and r-squared of  0.04. View All Fundamentals
 
Income Tax Expense  
First Reported
2012-06-30
Previous Quarter
1.3 M
Current Value
1.8 M
Quarterly Volatility
6.7 M
 
Yuan Drop
 
Covid
Check Slate Grocery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Slate Grocery's main balance sheet or income statement drivers, such as Interest Expense of 68.5 M, Selling General Administrative of 7.5 M or Total Revenue of 117.8 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0585 or PTB Ratio of 0.82. Slate financial statements analysis is a perfect complement when working with Slate Grocery Valuation or Volatility modules.
  
This module can also supplement various Slate Grocery Technical models . Check out the analysis of Slate Grocery Correlation against competitors.

Pair Trading with Slate Grocery

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 Slate Grocery 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 Slate Grocery will appreciate offsetting losses from the drop in the long position's value.

Moving together with Slate Stock

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  0.61AAPL Apple Inc CDRPairCorr
  0.79WMT Walmart Inc CDRPairCorr

Moving against Slate Stock

  0.48PFE Pfizer Inc CDRPairCorr
The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery 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 Slate Grocery - 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 Slate Grocery REIT to buy it.
The correlation of Slate Grocery 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 Slate Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery REIT 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 Slate Grocery 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 Slate Stock

Slate Grocery financial ratios help investors to determine whether Slate 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 Slate with respect to the benefits of owning Slate Grocery security.