George Financial Statements From 2010 to 2024
| WN-PA Preferred Stock | CAD 24.16 0.13 0.54% |
Check George Weston financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among George Weston's main balance sheet or income statement drivers, such as , as well as many indicators such as . George financial statements analysis is a perfect complement when working with George Weston Valuation or Volatility modules.
George |
About George Weston Financial Statements
George Weston shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although George Weston investors may analyze each financial statement separately, they are all interrelated. The changes in George Weston's assets and liabilities, for example, are also reflected in the revenues and expenses on on George Weston's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
George Weston Limited engages in the food processing and distribution business in Canada and internationally. George Weston Limited is a subsidiary of Wittington Investments, Ltd. GEORGE WESTON operates under Grocery Stores classification in Canada and is traded on Toronto Stock Exchange. It employs 203238 people.
Pair Trading with George Weston
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 George Weston 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 George Weston will appreciate offsetting losses from the drop in the long position's value.Moving against George Preferred Stock
| 0.57 | ELF | E L Financial | PairCorr |
| 0.46 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.4 | FFH-PE | Fairfax Financial | PairCorr |
| 0.38 | FFH | Fairfax Financial | PairCorr |
| 0.37 | MRU | Metro Inc | PairCorr |
The ability to find closely correlated positions to George Weston could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace George Weston 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 George Weston - 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 George Weston Prf to buy it.
The correlation of George Weston 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 George Weston moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if George Weston Prf 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 George Weston 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 George Preferred Stock Analysis
When running George Weston's price analysis, check to measure George Weston'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 George Weston is operating at the current time. Most of George Weston's value examination focuses on studying past and present price action to predict the probability of George Weston's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move George Weston's price. Additionally, you may evaluate how the addition of George Weston to your portfolios can decrease your overall portfolio volatility.