Illumin Average Receivables from 2010 to 2026
| ILLM Stock | 0.94 0.01 1.05% |
Average Receivables | First Reported 2010-12-31 | Previous Quarter 31.5 M | Current Value 24.9 M | Quarterly Volatility 9.4 M |
Check Illumin Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illumin Holdings' main balance sheet or income statement drivers, such as Selling General Administrative of 11.3 M, Other Operating Expenses of 175.6 M or EBITDA of 352.9 K, as well as many indicators such as Price To Sales Ratio of 1.22, Dividend Yield of 0.0 or PTB Ratio of 1.04. Illumin financial statements analysis is a perfect complement when working with Illumin Holdings Valuation or Volatility modules.
Illumin | Average Receivables |
Evaluating Illumin Holdings's Average Receivables across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into illumin Holdings's fundamental strength.
Latest Illumin Holdings' Average Receivables Growth Pattern
Below is the plot of the Average Receivables of illumin Holdings over the last few years. It is Illumin Holdings' Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illumin Holdings' overall financial position and show how it may be relating to other accounts over time.
| Average Receivables | 10 Years Trend |
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Average Receivables |
| Timeline |
Illumin Average Receivables Regression Statistics
| Arithmetic Mean | 25,089,830 | |
| Geometric Mean | 23,376,805 | |
| Coefficient Of Variation | 37.55 | |
| Mean Deviation | 8,804,020 | |
| Median | 24,859,863 | |
| Standard Deviation | 9,420,365 | |
| Sample Variance | 88.7T | |
| Range | 20.8M | |
| R-Value | 0.75 | |
| Mean Square Error | 40.8T | |
| R-Squared | 0.57 | |
| Significance | 0.0005 | |
| Slope | 1,407,202 | |
| Total Sum of Squares | 1419.9T |
Illumin Average Receivables History
About Illumin Holdings Financial Statements
Illumin Holdings investors utilize fundamental indicators, such as Average Receivables, to predict how Illumin 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.
| Last Reported | Projected for Next Year | ||
| Average Receivables | 31.5 M | 24.9 M |
Pair Trading with Illumin Holdings
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 Illumin Holdings 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 Illumin Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Illumin Stock
| 0.63 | LORL | Loral Space Communic | PairCorr |
| 0.51 | GVR | Grosvenor Resource Corp | PairCorr |
| 0.51 | GQ | Great Quest Fertilizer Split | PairCorr |
| 0.43 | OBE | Obsidian Energy | PairCorr |
| 0.39 | CU | Canadian Utilities | PairCorr |
The ability to find closely correlated positions to Illumin Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Illumin Holdings 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 Illumin Holdings - 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 illumin Holdings to buy it.
The correlation of Illumin Holdings 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 Illumin Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if illumin 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 Illumin Holdings 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.Other Information on Investing in Illumin Stock
Illumin Holdings financial ratios help investors to determine whether Illumin 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 Illumin with respect to the benefits of owning Illumin Holdings security.