Transcontinental Net Receivables from 2010 to 2024

TCL-B Stock  CAD 18.05  0.00  0.00%   
Transcontinental Net Receivables yearly trend continues to be comparatively stable with very little volatility. Net Receivables will likely drop to about 347.4 M in 2024. From the period from 2010 to 2024, Transcontinental Net Receivables quarterly data regression had r-value of  0.43 and coefficient of variation of  23.55. View All Fundamentals
 
Net Receivables  
First Reported
1994-10-31
Previous Quarter
491.5 M
Current Value
449 M
Quarterly Volatility
145.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transcontinental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcontinental's main balance sheet or income statement drivers, such as Depreciation And Amortization of 146.1 M, Interest Expense of 43.2 M or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0547 or PTB Ratio of 1.39. Transcontinental financial statements analysis is a perfect complement when working with Transcontinental Valuation or Volatility modules.
  
This module can also supplement various Transcontinental Technical models . Check out the analysis of Transcontinental Correlation against competitors.

Pair Trading with Transcontinental

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

Moving against Transcontinental Stock

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

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