Guardian Net Invested Capital from 2010 to 2024
| GCG-A Stock | CAD 40.75 0.58 1.40% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 1.4 B | Current Value 1.1 B | Quarterly Volatility 159 M |
Check Guardian Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guardian Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.7 M, Total Revenue of 165.9 M or Gross Profit of 86.1 M, as well as many indicators such as Price To Sales Ratio of 3.88, Dividend Yield of 0.0294 or PTB Ratio of 1.73. Guardian financial statements analysis is a perfect complement when working with Guardian Capital Valuation or Volatility modules.
Guardian | Net Invested Capital |
Pair Trading with Guardian Capital
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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.Moving against Guardian Stock
The ability to find closely correlated positions to Guardian Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Guardian Capital 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 Guardian Capital - 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 Guardian Capital Group to buy it.
The correlation of Guardian Capital 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 Guardian Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Guardian Capital 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 Guardian Capital 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 Guardian Stock Analysis
When running Guardian Capital's price analysis, check to measure Guardian Capital'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 Guardian Capital is operating at the current time. Most of Guardian Capital's value examination focuses on studying past and present price action to predict the probability of Guardian Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardian Capital's price. Additionally, you may evaluate how the addition of Guardian Capital to your portfolios can decrease your overall portfolio volatility.