WildBrain Other Stockholder Equity from 2010 to 2024

WILD Stock  CAD 1.06  0.01  0.93%   
WildBrain Other Stockholder Equity yearly trend continues to be very stable with very little volatility. Other Stockholder Equity is likely to grow to about -42.1 M this year. During the period from 2010 to 2024, WildBrain Other Stockholder Equity quarterly data regression pattern had range of 262.8 M and standard deviation of  66,346,651. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2005-06-30
Previous Quarter
45.7 M
Current Value
46.5 M
Quarterly Volatility
30.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WildBrain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WildBrain's main balance sheet or income statement drivers, such as Interest Expense of 49.7 M, Selling General Administrative of 111.5 M or Other Operating Expenses of 537.2 M, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0255 or Days Sales Outstanding of 324. WildBrain financial statements analysis is a perfect complement when working with WildBrain Valuation or Volatility modules.
  
This module can also supplement various WildBrain Technical models . Check out the analysis of WildBrain Correlation against competitors.

Pair Trading with WildBrain

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

Moving together with WildBrain Stock

  0.63RHC Royal HeliumPairCorr

Moving against WildBrain Stock

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  0.53MIN Excelsior Mining CorpPairCorr
The ability to find closely correlated positions to WildBrain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WildBrain 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 WildBrain - 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 WildBrain to buy it.
The correlation of WildBrain 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 WildBrain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WildBrain 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 WildBrain 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 WildBrain Stock

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