Kelt Total Stockholder Equity from 2010 to 2024

KEL Stock  CAD 6.65  0.07  1.06%   
Kelt Exploration Total Stockholder Equity yearly trend continues to be very stable with very little volatility. Total Stockholder Equity is likely to drop to about 787.9 M. Total Stockholder Equity is the total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. View All Fundamentals
 
Total Stockholder Equity  
First Reported
2013-03-31
Previous Quarter
B
Current Value
B
Quarterly Volatility
212 M
 
Yuan Drop
 
Covid
Check Kelt Exploration financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kelt Exploration's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.8 M, Selling General Administrative of 9.9 M or Selling And Marketing Expenses of 5.3 M, as well as many indicators such as Price To Sales Ratio of 2.4, Dividend Yield of 0.0 or PTB Ratio of 1.16. Kelt financial statements analysis is a perfect complement when working with Kelt Exploration Valuation or Volatility modules.
  
This module can also supplement various Kelt Exploration Technical models . Check out the analysis of Kelt Exploration Correlation against competitors.

Pair Trading with Kelt Exploration

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

Moving together with Kelt Stock

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Moving against Kelt Stock

  0.63ARA Aclara ResourcesPairCorr
  0.52SAGE Sage Potash CorpPairCorr
  0.43RCI-A Rogers CommunicationsPairCorr
  0.43CCL-A CCL IndustriesPairCorr
The ability to find closely correlated positions to Kelt Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelt Exploration 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 Kelt Exploration - 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 Kelt Exploration to buy it.
The correlation of Kelt Exploration 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 Kelt Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelt Exploration 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 Kelt Exploration 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 Kelt Stock

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