Lassonde Intangible Assets from 2010 to 2026
| LAS-A Stock | CAD 242.00 0.26 0.11% |
Intangible Assets | First Reported 1993-03-31 | Previous Quarter 303.8 M | Current Value 298.4 M | Quarterly Volatility 111.3 M |
Check Lassonde Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lassonde Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.2 M, Total Revenue of 3.1 B or Gross Profit of 842.9 M, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0187 or PTB Ratio of 1.94. Lassonde financial statements analysis is a perfect complement when working with Lassonde Industries Valuation or Volatility modules.
Lassonde | Intangible Assets |
The evolution of Intangible Assets for Lassonde Industries provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Lassonde Industries compares to historical norms and industry peers.
Latest Lassonde Industries' Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of Lassonde Industries over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Lassonde Industries' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lassonde Industries' overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
Lassonde Intangible Assets Regression Statistics
| Arithmetic Mean | 222,589,187 | |
| Geometric Mean | 165,273,865 | |
| Coefficient Of Variation | 44.02 | |
| Mean Deviation | 69,556,882 | |
| Median | 223,030,000 | |
| Standard Deviation | 97,987,483 | |
| Sample Variance | 9601.5T | |
| Range | 404.8M | |
| R-Value | 0.78 | |
| Mean Square Error | 4053.2T | |
| R-Squared | 0.60 | |
| Significance | 0.0002 | |
| Slope | 15,083,686 | |
| Total Sum of Squares | 153624.7T |
Lassonde Intangible Assets History
About Lassonde Industries Financial Statements
Lassonde Industries shareholders use historical fundamental indicators, such as Intangible Assets, to determine how well the company is positioned to perform in the future. Although Lassonde Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Lassonde Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Lassonde Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 386.7 M | 406.1 M |
Pair Trading with Lassonde Industries
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 Lassonde Industries 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 Lassonde Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Lassonde Stock
| 0.76 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.76 | MSFT | Microsoft CDR | PairCorr |
| 0.69 | AMZN | Amazon CDR | PairCorr |
| 0.69 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Lassonde Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lassonde Industries 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 Lassonde Industries - 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 Lassonde Industries to buy it.
The correlation of Lassonde Industries 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 Lassonde Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lassonde Industries 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 Lassonde Industries 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 Lassonde Stock Analysis
When running Lassonde Industries' price analysis, check to measure Lassonde Industries' 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 Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.