SAU Return On Tangible Assets from 2010 to 2026
| SAU Stock | CAD 0.40 0.03 6.98% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter (0.01) | Current Value (0.01) | Quarterly Volatility 0.02533595 |
Check St Augustine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among St Augustine's main balance sheet or income statement drivers, such as Depreciation And Amortization of 426.9 K, Interest Expense of 435.9 K or Selling General Administrative of 354.3 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.61. SAU financial statements analysis is a perfect complement when working with St Augustine Valuation or Volatility modules.
SAU | Return On Tangible Assets |
Latest St Augustine's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of St Augustine Gold over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. St Augustine's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in St Augustine's overall financial position and show how it may be relating to other accounts over time.
| Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
| Timeline |
SAU Return On Tangible Assets Regression Statistics
| Arithmetic Mean | (0.02) | |
| Geometric Mean | 0.01 | |
| Coefficient Of Variation | (115.44) | |
| Mean Deviation | 0.02 | |
| Median | (0.01) | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0006 | |
| Range | 0.081 | |
| R-Value | 0.80 | |
| Mean Square Error | 0.0003 | |
| R-Squared | 0.63 | |
| Significance | 0.0001 | |
| Slope | 0 | |
| Total Sum of Squares | 0.01 |
SAU Return On Tangible Assets History
About St Augustine Financial Statements
St Augustine investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how SAU 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 | ||
| Return On Tangible Assets | (0.01) | (0.01) |
Pair Trading with St Augustine
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 St Augustine 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 St Augustine will appreciate offsetting losses from the drop in the long position's value.Moving together with SAU Stock
The ability to find closely correlated positions to St Augustine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Augustine 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 St Augustine - 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 St Augustine Gold to buy it.
The correlation of St Augustine 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 St Augustine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Augustine Gold 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 St Augustine 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 SAU Stock
St Augustine financial ratios help investors to determine whether SAU 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 SAU with respect to the benefits of owning St Augustine security.