TeraGo Selling General Administrative from 2010 to 2026
| TGO Stock | CAD 0.82 0.01 1.20% |
Selling General Administrative | First Reported 2007-03-31 | Previous Quarter 2.8 M | Current Value 2.7 M | Quarterly Volatility 1.1 M |
Check TeraGo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TeraGo's main balance sheet or income statement drivers, such as Interest Expense of 7.8 M, Total Revenue of 42.6 M or Gross Profit of 32.7 M, as well as many indicators such as Price To Sales Ratio of 1.01, Dividend Yield of 0.0 or PTB Ratio of 3.51. TeraGo financial statements analysis is a perfect complement when working with TeraGo Valuation or Volatility modules.
TeraGo | Selling General Administrative |
Latest TeraGo's Selling General Administrative Growth Pattern
Below is the plot of the Selling General Administrative of TeraGo Inc over the last few years. It is TeraGo's Selling General Administrative historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TeraGo's overall financial position and show how it may be relating to other accounts over time.
| Selling General Administrative | 10 Years Trend |
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Selling General Administrative |
| Timeline |
TeraGo Selling General Administrative Regression Statistics
| Arithmetic Mean | 16,170,456 | |
| Geometric Mean | 15,749,662 | |
| Coefficient Of Variation | 22.58 | |
| Mean Deviation | 3,160,051 | |
| Median | 17,251,000 | |
| Standard Deviation | 3,651,960 | |
| Sample Variance | 13.3T | |
| Range | 11.3M | |
| R-Value | (0.51) | |
| Mean Square Error | 10.5T | |
| R-Squared | 0.26 | |
| Significance | 0.04 | |
| Slope | (367,814) | |
| Total Sum of Squares | 213.4T |
TeraGo Selling General Administrative History
About TeraGo Financial Statements
TeraGo investors utilize fundamental indicators, such as Selling General Administrative, to predict how TeraGo 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 | ||
| Selling General Administrative | 10.5 M | 14 M |
Pair Trading with TeraGo
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 TeraGo 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 TeraGo will appreciate offsetting losses from the drop in the long position's value.Moving together with TeraGo Stock
Moving against TeraGo Stock
| 0.82 | AX-UN | Artis Real Estate | PairCorr |
| 0.79 | KTO | K2 Gold | PairCorr |
| 0.63 | VM | Voyageur Pharmaceuticals | PairCorr |
| 0.43 | ENB-PFU | Enbridge Pref L | PairCorr |
The ability to find closely correlated positions to TeraGo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TeraGo 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 TeraGo - 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 TeraGo Inc to buy it.
The correlation of TeraGo 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 TeraGo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TeraGo Inc 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 TeraGo 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 TeraGo Stock
TeraGo financial ratios help investors to determine whether TeraGo 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 TeraGo with respect to the benefits of owning TeraGo security.