Canada Financial Statements From 2010 to 2025
| GOOS Stock | CAD 15.94 0.41 2.64% |
Check Canada Goose financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canada Goose's main balance sheet or income statement drivers, such as , as well as many indicators such as . Canada financial statements analysis is a perfect complement when working with Canada Goose Valuation or Volatility modules.
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Canada Goose Holdings Company Profit Margin Analysis
Canada Goose's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Canada Goose Profit Margin | 0.07 % |
Most of Canada Goose's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Canada Goose Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Canada Goose Holdings has a Profit Margin of 0.0703%. This is 97.21% lower than that of the Textiles, Apparel & Luxury Goods sector and 97.84% lower than that of the Consumer Discretionary industry. The profit margin for all Canada stocks is 105.54% lower than that of the firm.
Canada Goose Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Canada Goose's current stock value. Our valuation model uses many indicators to compare Canada Goose value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Canada Goose competition to find correlations between indicators driving Canada Goose's intrinsic value. More Info.Canada Goose Holdings is rated below average in return on equity category among its peers. It is rated # 5 in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Canada Goose Holdings is roughly 3.25 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Canada Goose by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canada Goose's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Canada Goose Financial Statements
Canada Goose investors utilize fundamental indicators, such as revenue or net income, to predict how Canada Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Canada Goose Holdings Inc. designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia, Europe, and internationally. Canada Goose Holdings Inc. was founded in 1957 and is headquartered in Toronto, Canada. CANADA GOOSE operates under Apparel Manufacturing classification in Canada and is traded on Toronto Stock Exchange. It employs 1219 people.
Pair Trading with Canada Goose
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 Canada Goose 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 Canada Goose will appreciate offsetting losses from the drop in the long position's value.Moving together with Canada Stock
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Moving against Canada Stock
The ability to find closely correlated positions to Canada Goose could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canada Goose 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 Canada Goose - 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 Canada Goose Holdings to buy it.
The correlation of Canada Goose 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 Canada Goose moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canada Goose Holdings 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 Canada Goose 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.Check out the analysis of Canada Goose Correlation against competitors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.