RTG Average Receivables from 2010 to 2026
| RTG Stock | CAD 0.04 0.00 0.00% |
Average Receivables | First Reported 2010-12-31 | Previous Quarter 889.2 K | Current Value 453.7 K | Quarterly Volatility 313.7 K |
Check RTG Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RTG Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 K, Interest Expense of 1.3 M or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 265, Dividend Yield of 0.0 or PTB Ratio of 6.63. RTG financial statements analysis is a perfect complement when working with RTG Mining Valuation or Volatility modules.
RTG | Average Receivables |
Evaluating RTG Mining'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 RTG Mining's fundamental strength.
Latest RTG Mining's Average Receivables Growth Pattern
Below is the plot of the Average Receivables of RTG Mining over the last few years. It is RTG Mining's Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RTG Mining's 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 |
RTG Average Receivables Regression Statistics
| Arithmetic Mean | 361,838 | |
| Geometric Mean | 195,871 | |
| Coefficient Of Variation | 86.69 | |
| Mean Deviation | 271,004 | |
| Median | 312,700 | |
| Standard Deviation | 313,676 | |
| Sample Variance | 98.4B | |
| Range | 848K | |
| R-Value | 0.05 | |
| Mean Square Error | 104.7B | |
| R-Squared | 0 | |
| Significance | 0.84 | |
| Slope | 3,282 | |
| Total Sum of Squares | 1.6T |
RTG Average Receivables History
About RTG Mining Financial Statements
RTG Mining investors utilize fundamental indicators, such as Average Receivables, to predict how RTG 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 | 889.2 K | 453.7 K |
Pair Trading with RTG Mining
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 RTG Mining 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 RTG Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with RTG Stock
Moving against RTG Stock
| 0.7 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.7 | MSFT | Microsoft CDR | PairCorr |
| 0.48 | AMZN | Amazon CDR | PairCorr |
| 0.39 | FDR | Flinders Resources | PairCorr |
| 0.34 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to RTG Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RTG Mining 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 RTG Mining - 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 RTG Mining to buy it.
The correlation of RTG Mining 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 RTG Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RTG Mining 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 RTG Mining 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 RTG Stock
RTG Mining financial ratios help investors to determine whether RTG 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 RTG with respect to the benefits of owning RTG Mining security.