GMS Capital Surpluse from 2010 to 2024
| GMS Stock | USD 91.71 1.69 1.88% |
Capital Surpluse | First Reported 2017-01-31 | Previous Quarter 428.5 M | Current Value 404.9 M | Quarterly Volatility 34.7 M |
Check GMS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GMS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.6 M, Interest Expense of 45.8 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0 or PTB Ratio of 2.3. GMS financial statements analysis is a perfect complement when working with GMS Valuation or Volatility modules.
GMS | Capital Surpluse |
Latest GMS's Capital Surpluse Growth Pattern
Below is the plot of the Capital Surpluse of GMS Inc over the last few years. It is GMS's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GMS's overall financial position and show how it may be relating to other accounts over time.
| Capital Surpluse | 10 Years Trend |
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Capital Surpluse |
| Timeline |
GMS Capital Surpluse Regression Statistics
| Arithmetic Mean | 430,910,050 | |
| Geometric Mean | 422,084,603 | |
| Coefficient Of Variation | 20.54 | |
| Mean Deviation | 80,559,780 | |
| Median | 480,113,000 | |
| Standard Deviation | 88,488,619 | |
| Sample Variance | 7830.2T | |
| Range | 212.9M | |
| R-Value | 0.81 | |
| Mean Square Error | 2875.7T | |
| R-Squared | 0.66 | |
| Significance | 0.0002 | |
| Slope | 16,062,336 | |
| Total Sum of Squares | 109623.3T |
GMS Capital Surpluse History
About GMS Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include GMS income statement, its balance sheet, and the statement of cash flows. GMS investors use historical funamental indicators, such as GMS's Capital Surpluse, to determine how well the company is positioned to perform in the future. Although GMS investors may use each financial statement separately, they are all related. The changes in GMS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GMS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on GMS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GMS. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capital Surpluse | 492.8 M | 506.6 M |
Pair Trading with GMS
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 GMS 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 GMS will appreciate offsetting losses from the drop in the long position's value.Moving together with GMS Stock
| 0.66 | NX | Quanex Building Products Earnings Call Tomorrow | PairCorr |
Moving against GMS Stock
| 0.46 | AIRJW | Montana Technologies Symbol Change | PairCorr |
The ability to find closely correlated positions to GMS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GMS 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 GMS - 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 GMS Inc to buy it.
The correlation of GMS 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 GMS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GMS 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 GMS 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 GMS Stock Analysis
When running GMS's price analysis, check to measure GMS's 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 GMS is operating at the current time. Most of GMS's value examination focuses on studying past and present price action to predict the probability of GMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMS's price. Additionally, you may evaluate how the addition of GMS to your portfolios can decrease your overall portfolio volatility.